Do you own a small business in Broken Arrow, OK that meets the below criteria? If so, you may qualify for a $5,000 grant from the City of Broken Arrow. They have just recently dedicated $100,000 of funding to the micro grant program.
Business must be located within Broken Arrow city limits.
Must be a non-home-based, for-profit business, not owned by a larger corporation. Businesses that were deemed non-essential that were required to close, or alter operations in some way, for a time, such as salons and spas, gyms, movie theaters, non-essential retail, dine-in restaurants, and entertainment, under the State of Oklahoma’s Executive Orders related to COVID-19 will receive preference in grants.
Employ less than 20 Full Time Employees or FTE.
Business has exhausted all efforts to obtain funding from SBA programs under the CARES Act, Economic Injury Disaster Loan and/or Paycheck Protection Provision.
Be an official Oklahoma business registered with the State of Oklahoma in some capacity.
Be in good standing with the City of Broken Arrow and State of Oklahoma regarding sales tax, water, etc.
Pledge to provide proof of paid allowed expenses within 30 days of grant award.
Guarantee to certify that grant funds will be utilized for allowed expenses for businesses in the city limits.
“The City Council and I absolutely support the BA Rising grant program. We must help get those businesses that were forced to close, re-open and are proud to contribute funding to this important initiative for our community,” said Mayor Craig Thurmond.
Program recipients will be selected based on eligibility criteria and available funding. Grants will be made in the form of one lump sum distribution up to $5,000 and must be used to cover the expenses outlined in the application. To learn more and apply, visit www.barising.com.
Completed applications can be emailed to barising@bachamber.com