Small Business Grant Program

Round Three Applications are NOW OPEN. 

Program Overview


The Powder Springs Small Business Grant is a business assistance program offered by the City of Powder Springs to offset the economic impact to small businesses as a result of the COVID-19 pandemic. Eligible businesses will demonstrate a financial disruption of 10% or more due to COVID-19 and how operating assistance provided will enable the business to continue to operate. 

As the City is utilizing federal CARES Act funding for the grant, all operating assistance must be compliant with federal regulations. 

Grant funds may be used for the following:
  • Rent/leases/equipment rental
  • Utility payments
  • Marketing
  • PPE and other supplies/costs to ensure employee and customer safety
  • Rehiring and/or maintaining full time W-2 or 1099 employees

Eligibility

  • New for 3rd Round: Business must have been in continuous operation since at least Q4 in 2019 and can provide comparative financials to demonstrate a financial disruption
  • Business must not be a recipient of the first or second round of the  Small Business Grant Program.
  • Business may be home-based or commercial business; or be a 501 (c) (3) organization.
  • Business must have their primary location/headquarters in the city limits of Powder Springs (franchisees may apply if the business is wholly owned by an individual).
  • Business must have renewed 2021 City of Powder Springs business license and be current on all City taxes and permits (note: please allow ample time for renewal processing)
  • Business has estimated annual gross receipts under $5 million
  • Business must show financial disruption of 10% or greater (see application for documents required)

Businesses may apply for the Powder Springs Small Business Grant program if they have received CARES Act funds through other programs, including the U.S. Small Business Administration Paycheck Protection Program or the SelectCobb Small Business Grant program. However, if awarded, recipients may not use grant funds for expenses that have already been covered through other programs.

Timeline

Deadline: Second Round Grant applications are due by March 1, 2021 at 5:00 p.m.  Applications may be submitted prior to the deadline and submitting early is encouraged.

Review Process: After the application period closes, City of Powder Springs staff will review applications for eligibility and recommend recipients to the City Council. After the City Council votes to approve the list of recipients, grantees will be issued a check for the grant amount awarded.

Submission

Completed application, including required attachments, MUST be submitted electronically or in hard copy using the instructions listed below by March 1, 2021 at 5:00 p.m. Incomplete applications will not be considered. 

Electronic Submissions: Completed applications and required attachments may be submitted in a single email to businessgrant@cityofpowdersprings.org.

Hard Copy Submissions: Completed applications and all required attachments may be printed and submitted in a sealed envelope addressed to Ashley Youmans to the City Hall Dropbox at 4484 Marietta Street, Powder Springs, GA.

Questions

For questions about the grant and application process, please contact Ashley Youmans at 770-943-8001 ext. 356.

Third Round Grant Application