Small Business Resilience Grant

*The deadline to submit applications closed at 5 p.m. on Friday, April 3.
For a list of recipients, click here*

On March 31, Mayor Chris Jensen announced 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 on Friday, April 3, 2020. A second round of applications may be considered depending on available funds. 

“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.

Eligibility:

Businesses eligible for a Noblesville Small Business Resilience Grant must meet the following requirements:

  • Must be in good standing with regard to state and local taxes, licenses and code compliance.
  • Must be in good standing with the Indiana Secretary of State.
  • Must have been established and operational in the City of Noblesville for at least the previous 6 months. Businesses that have expanded to a storefront from another business are eligible (e.g., an established caterer who opened a restaurant or an online retailer who opened a boutique).
  • Eligible uses of funds: payroll (exclusive of owner compensation), utilities, rent, mortgage payments, insurance, or similar expenses, and products directly used in production of a product for sale.
  • Preference will be given to businesses that have:
    • plans to hire, train or assist individuals who lost jobs or experienced economic hardship during the COVID-19 crisis;
    • unmet needs that have not been or are not anticipated to be addressed through the Small Business Administration (SBA) Disaster Loan Program or through other government assistance programs;
    • demonstrated a commitment to the community, through support of local youth or charitable programs, good corporate citizenship, participation in community and business support organizations;
    • not received abatements or incentives from the city previously;
    • made all reasonable efforts to keep employees employed during the recovery process.

The Love Noblesville Small Business Resilience Grant program has limited funding, therefore not all grant requests may be approved or approved at the level requested. Applications will be reviewed by the selection committee, which will be appointed by Mayor Chris Jensen.  Financial data will be kept confidential to the extent permitted under law.

Please email your completed grant application and supporting documents to LoveNoblesville@noblesville.in.us.

Review Process:

  • Applications are due by the close of business on Friday, April 3, 2020.
  • Grants recipients will be notified during the week of April 6-10, and payments will be disseminated no later than Friday, April 17, 2020.
  • If funding allows, additional grants may be processed and awarded on an as-needed basis.

Contact Us

Kayla Arnold
Kayla Arnold, Community Engagement Manager
City Hall (more)
16 S 10th St
Noblesville, IN 46060

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