Business Interruption Grants Program (BIG)
The Department of Commerce and Economic Opportunity (DCEO) is launching the first round of Business Interruption Grants (BIG) by providing $60 million to businesses experiencing losses or business interruption as a result of COVID-19 related closures. The BIG Program is available for up to 3,500 businesses that experienced a limited ability to operate due to COVID-19 related closures. DCEO will begin distributing funds to qualifying businesses in early July. The total program funding will amount to at least $540 million in grants for small businesses, $270 million of which has been set aside for childcare providers and is funded by the CARES Act.
In the first wave of grants, priority will be given to small businesses that have been heavily restricted or completely shut down during the pandemic. Additional priority will be given to businesses within the focused industries that are located in disproportionately impacted areas (DIAs), or low-income areas that have had high rates of COVID-19 cases. Bars and restaurants, barbershops and salons, and fitness centers that are not located in DIAs are also eligible. Businesses eligible for the program must have experienced extreme hardship, demonstrated by experiencing eligible costs or losses in excess of the grant amount since March.
Specifically, the program includes support for:
Businesses located in severe DIAs Where There Was Recent Property Damage from Civil Unrest - $20 million for businesses that are located in a subset of DIAs that have recently experienced significant property damage , providing 1,000 grants of $20,000 each. This category is called Severe DIA and one does not have to be a part of the industries below, furthermore, businesses do not have to have experienced property damage to apply.
Bars and Restaurants - $20 million for bars and restaurants unable to offer outside service, providing 1,000 grants of up to $20,000*
Barbershops and Salons - $10 million for barbershops and salons, providing 1,000 grants of $10,000 each*
Gyms and Fitness Centers - $10 million for gyms and fitness centers that have lost significant revenue due to COVID-19, providing 500 grants of $20,000 each*
Businesses must have been in operation for at least three months prior to March 2020 and must meet specific annual revenue criteria outlined in document below.
WHEN AND WHERE TO APPLY:
The application for this round of the Business Interruption Grant program is now closed. Please check back here for updates on the timing of grant awards later this month. If you have a technical question about the application you have submitted, please submit via the following submission forms linked here in English or Spanish. Please do not submit questions regarding timing of grant awards. This will be announced on this web page and via DCEO.
DISPROPORTIONATELY IMPACTED AREAS
The map below shows all disproportionately impacted areas for the Business Interruption Grant program. To determine whether or not you are located in a DIA, enter your address in the search box or look for your zip code in the list of DIAs
Note that for this first round of BIG funds, businesses located in a subset of DIAs where there has been recent property damage due to civil unrest will be eligible for specific grant funds regardless of whether they are in a focused industry. The zip codes eligible for this specific subset of funding are
FUTURE BIG ASSISTANCE
This $60 million funding round represents only the first wave of the BIG program, which in total will amount to at least $540 million in grants for small businesses, $270 million of which has been set aside for childcare providers. DCEO has issued a Notice of Funding Opportunity, with Phase 1 applications due July 14, to seek qualified partner(s) in assisting with administering future phases of the BIG program to small businesses. Check back here for the latest updates on BIG grant availability.