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GOOD NEWS: Small Business Recovery Grant Info

Gloucester County Director Frank J. DiMarco and Deputy Director Heather Simmons are reminding small businesses that the Small Business Recovery Grant can assist with economic hardships due to the pandemic.

Director DiMarco and Deputy Director Simmons say that more than $1.2 million dollars have been set aside to help local businesses with $10,000 grants.

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“Our local businesses have been through many hardships during the last year. This program was designed to assist our businesses and keep them standing strong in Gloucester County,” said Direct Frank J. DiMarco. “This grant will assist businesses in retaining jobs and recovering from economic loss during the pandemic.”

Federal regulations require that grant funds be used for eligible activities that meet both CDBG and CARES Act objectives of preventing, preparing, and/or responding to the coronavirus including those related to payroll and taxes, rent, utilities, insurance, and other related operating costs for property up to 180-day period provided there is no duplication of benefit with other funding.

“Assisting small businesses with their COVID-19 recovery is a priority for the County. We are excited to bring this funding to our small business community during these unprecedented times. The Small Business Recovery Grant will help Gloucester County businesses recuperate from this pandemic so they can continue to support our county’s local economy and serve our residents,” said Commissioner Heather Simmons, liaison to the Department of Economic Development.

All grant applications must meet the CDBG National Objective of Low/Mod Income for the benefitting business. The business must document that it will retain at least one permanent job held by a low- and moderate-income person and that the jobs would be lost without the CDBG assistance. Applicants must be able to prove that the grant funds were used for the approved use. 

In order to apply for the program, the business must be a for-profit enterprise, located in Gloucester County and established as of Dec. 31, 2020. Businesses cannot be delinquent on any taxes and must provide business financial documentation including information on loss of revenue due to COVID-19.  

Businesses need to provide a Dun & Bradstreet number (DUNS) and be registered in the federal System for Award Management (SAM). To see all the qualifications and requirements, please visit www.gloucestercountynj.gov

This program is funded by the CARES Act and the US Department of Housing and Urban Development through the Community Development Block Grant Program. 

Applications are being accepted via the online portal Neighborly accessible on the County website:https://www.gloucestercountynj.gov/397/Economic-Development

Submissions that have provided all required documentation will receive awards up to $10,000 for each eligible applicant until the funds are exhausted. 

Documents needed while completing the application

  • State issued photo ID;
  • Most Recent State and Federal Tax Return;
  • Most current business bank account statement;
  • NJ-WR30 - Not Required for Sole Proprietorships;
  • Trade Name Registration (available through the County Clerk)
  • Current Lease or Property Loan Document;
  • W-9; 
  • Paystubs for one or more low/moderate-income employees;
  • Evidence of Unpaid Business Expenses; and
  • Photo of the storefront.

If you have questions regarding the Microenterprise Assistance Grant Program, or if you need help completing your application, please contact: gcmicrogrant@co.gloucester.nj.us

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