June 2020
CARES Small Business Grant Program
(100 or less employees)
Program Overview
In response to the economic hardships experienced by small businesses resulting from the COVID-19 pandemic, the City of Plano has established a CARES Small Business Grant Program in an effort to retain jobs and stabilize local businesses. This Program provides gap financing for businesses that have lost revenue as a result of social distancing and are at-risk of layoff(s) or closure. The Program is funded through the Coronavirus Aid, Relief and Economic Security Act ("C.A.R.E.S. Act"). The Program will use $5 million of C.A.R.E.S. Act funding received by Collin County.
To qualify, a for-profit small business (with 100 or less employees) must:
  • be located within Collin County and Plano city limits;
  • have been operating for a minimum of two (2) years; and
  • have had a loss of gross revenue of 25% or more as a result of the pandemic.

Grant amounts range from $5,000 to $25,000. A lottery process will be used to select eligible applicants.
Beginning June 15 and ending June 22 , the City of Plano will be taking online applications from qualified for-profit businesses for eligible reimbursement costs including:
  • Rent or mortgage payments
  • Utilities including electric, gas, telephone, cable and internet


For full details, the Program Guidelines and FAQs are available.
Please follow the link below.
For Questions/Additional Information
For questions about the grant process, please contact the City of Plano Economic Development staff by email to Esmeraldad@plano.gov or call 972-208-8304.

The Program Guidelines and FAQs can be reviewed at www.planotexas.org/890/CARES-Grant-Program .