The city of Bellevue is distributing $185,000 in CARES act funding to small businesses impacted by COVID-19.
The Small Business Grant Relief program offers $5,000 grants to local businesses and art organizations employing two to 25 people, annual revenues under $5 million and having sustained a 20% year-over-year drop in revenues as a result of the coronavirus pandemic.
Applications, and translated applications, are available on the city’s COVID-19 Business Resource page and will due no later than Sept. 17. Because of the expected volume of applications, the city states in a press release that grant awards will be randomly selected via lottery system, with priority to businesses that have received no other relief funding.
The funding can be used for typical expenses, PPE or other health related improvements. The funds were allocated to the city through the King County Relief Fund.
“Bellevue’s small businesses are a foundational part of our local economy and the vitality of our city,” Mayor Lynne Robinson stated in a press release. “This program gives an additional source of relief that will help these businesses recover and retool as needed to continue operating through the current challenges.”