Governor Ivey $200m Revive Small Business Grant Program
November 18, 2020
Governor Kay Ivey has just announced a $200 Million Small Business Grant Program "Revive Plus". This grant program will support small businesses, non-profits and faith-based organizations in Alabama that have been impacted by COVID-19. Revive Plus is the second wave of funding for these organizations with 50 or fewer employees and will award grants of up to $20,000 for expenses they have incurred due to operational interruptions caused by the pandemic and related business closures.
Entities may receive up to $20,000 to reimburse qualifying expenses if they have not received federal assistance for the corresponding item they are claiming with the State of Alabama. The Revive Plus grant is in addition to any State of Alabama Coronavirus Relief Fund grant previously received, including the Revive Alabama Small Business, Non-Profit, Faith-Based, and Health Care Provider grants. There is no set cap on the number of entities that may be awarded a Revive Plus Grant. Grants will be awarded to qualifying applicants on a first-come-first-served basis until the funds are exhausted.
Entities may access grant information and the grant application through the Coronavirus Relief Fund website. The application period for the Revive Plus Grant Program will open at noon, November 23, 2020 and run through noon, December 4, 2020.