Las pequeñas empresas de Hoboken se beneficiarán de casi 2 millones de dólares en subvenciones

Hoboken otorga $1.82 millones en subvenciones a las pequeñas empresas

Mayor Ravi S. Bhalla today announced that the City of Hoboken will provide financial relief to 179 local small businesses negatively impacted by the COVID-19 pandemic through $1.82 million in grant funding.

Qualifying businesses who applied to the City’s Small Business Grant Program will receive an average of $9,800 through funding allocated to the City from the American Rescue Plan.

Of the 179 businesses that will be awarded grant funding, 115 will also receive a $1,500 vaccine bonus as 75% of their employees are fully vaccinated. In the coming weeks, the City will also publish a list of these businesses on the City’s website.

“Continuamos apoyando a nuestra comunidad de pequeños negocios durante la pandemia en curso”, dijo El alcalde Ravi S. Bhalla.   “Esta financiación de subvención proporcionará alivio adicional que ayudará a garantizar que nuestras tiendas de mamá y papá permanezcan abiertas, añadiendo vitalidad a nuestra milla cuadrada. Agradezco a los negocios y a sus empleados que también han prestado atención a la llamada a vacunarse. Juntos, podemos reducir la propagación del COVID-19 y encontrar un camino a salir de esta pandemia. También agradezco al senador Menéndez, al senador Booker, al congresista Sires y a la administración Biden por trabajar para proporcionar este financiamiento federal”.

Businesses will use the funding for COVID-19 related expenses incurred between Sept. 1, 2020, and July 28, 2021, including employee salaries, mortgage payments, business loan payments, equipment leases or finance payments, and utilities including electric, water, gas and phone.

The City will make award notifications by the end of this week and begin distributing funds next week via wire transfers and checks.

The City of Hoboken has supported the small business community throughout the pandemic. Last year, Hoboken expanded outdoor dining, implemented the open and summer streets programs, and provided free COVID-19 testing for small business employees.

Through the CARES Act, the City of Hoboken partnered with Hudson County to also disperse $1.82 million in grant funding to small businesses in 2020.

Hoboken also provided financial assistance to small businesses through the Hoboken Relief Fund, which raised over $400,000 for impacted Hoboken businesses and individuals.