In an effort to help mitigate the impact of economic losses due to COVID-19, the State of Nebraska just announced several new programs to provide additional stimulus dollars that can be used for operational expenses for businesses.
Applications for the grant programs will be available beginning October 21, 2020. The deadline to apply is November 13, 2020.
Categories of particular interest to the community are:
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Hotels and Convention Centers Stabilization Program - Funding will be based on the total number of eligible applicants and awarded on a tiered basis according to the total square feet of meeting space as reported to STR, where applicable. Each eligible applicant will receive funding.
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Events and Sports Arenas Stabilization Program - Funding will be tiered based on the total square feet of indoor meeting space or fixed seating, and the number of contracted events. All eligible applicants will receive funding.
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Restaurants and Bars Stabilization Program - Eligible applicants may receive up to $24,000 based on previous funding.
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Small Business Stabilization Program - For those that are not considered a Restaurant, Bar, Hotel, Cosmetology, or massage and body art. Each approved application will receive $12,000 on a first-come, first served basis.
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Licensed Personal Service Business Stabilization Program - provides stimulus up to $12,000 to body art, nail technology salons, cosmetology, massage therapists, and barbers.
Special thank you to Visit Omaha for sending over the information.
