Noblesville Announces Small Business Resilience Grant Amid COVID-19 Pandemic

03/31/2020

Mayor Chris Jensen announced today the Noblesville Small Business Resilience Grant program to provide up to $10,000 per grant to small businesses that have been impacted by the COVID-19 pandemic, based on demonstrated need.

The grant is focused on helping small businesses with unmet immediate needs such as maintaining payroll, paying rent and utilities, and covering other expenses to remain operational and serve customers and clients.

“Noblesville’s grant program will be focused on those businesses that may not be eligible for other assistance or that have immediate needs beyond that which can be met by other federal and state assistance programs,” Jensen said. “COVID-19 has impacted nearly every segment of our national and local economy. Due to required closures and other restrictions imposed to protect public health, many local businesses have experienced severe reductions in revenues. Small businesses are crucial part of the fabric of our community and we hope this grant will provide assistance and promote economic vitality within the city.”

The deadline to submit applications is close of the business day Friday, April 3. A second round of applications may be considered depending on available funds. The Noblesville Small Business Resilience Grant application and eligibility requirements are available here.

“Through prudent planning and conservative fiscal management, Noblesville has maintained a healthy Rainy Day Fund and cash reserve that can be utilized in precisely this type of circumstance – when we need to support some of our most important community partners to ensure restored hope for a brighter future,” Jensen stated.

Jensen said he is committed to going above and beyond to keep residents safe while at the same time reinvesting resources so that the local economy ultimately comes out of the COVID-19 crisis in an even stronger position.