Reno County was approved for $132,000 in grant funds to assist small businesses who employ persons from low to medium income households. Reno County is accepting applications from businesses that meet the following requirements:
Must be physically located in Reno County but not within the City of Hutchinson incorporated boundaries;
Must have one to five employees for the micro-grant program, and six to fifty employees for the economic development program; including the owner;
Must have at least 51% full-time equivalent jobs for persons from low to medium income households;
Must provide proof of financial hardship due to COVID-19;
Must submit the application and all required supporting documentation; and
Must disclose if they have received capital through alternative sources (e.g. Economic Injury Disaster Loan (EIDL) or Payroll Protection Program (PPP) Loan) at the time of application submittal.
Available Funding The program is based on the availability of CDBG-CV funds, program guidelines, and submission of all required information. Based on the criteria stated above, applicants may receive a grant of up to:
Ten thousand dollars ($10,000) for businesses of 1 to 5 employees, and;
Twenty thousand dollars ($20,000) for businesses of 6 to 50 employees.
Grant funds are to be used for working capital such as employee wages, rent, mortgage payments, utilities, and to purchase up to 60 days of inventory needed to reopen the business. The County anticipates being able to assist approximately 10 small businesses within Reno County with the funds awarded to the County. Application Guidelines CDBG-CV Application: Provide an eligible CDBG-CV program that serves low to moderate-income residents or businesses. All applicants will need to:
Upon reading the letter from the County Administrator, complete and submit the Signature of the Executive Authority located at the end of the document.
Complete and submit the CDBG-CV Business Application.
Submit Employee Certification forms completed by the business owner and each employee.
Provide their business’s 2019 tax return.
Apply for a DUNS number if they do not already have one.
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