Northampton County officers may approve a further $4.7 million in grant funding to about 378 small county companies.
Northampton County Government Lamont McClure throughout this previous Thursday’s council assembly urged council members to approve the extra funds following the recent distribution of $4 million to about 300 small county companies. The county created the earlier $Four million small enterprise grant fund from a slice of Northampton County’s complete $27.6 million in federal coronavirus help. The $4.7 million would come from the identical fund, county officers stated.
“If council approves the extra distribution, Northampton County may have offered $8.74 million to our small companies after they want it most,” McClure stated in an announcement. “This funding is essential to assist our native financial system as we battle with the fallout brought on by the pandemic.”
Functions for the county’s small enterprise grant fund are presently closed. If the extra funding is permitted, it’s going to profit recipients with companies situated in Northampton County and having fewer than 100 workers. The funds can be utilized for lease, payroll and different working bills, county officers stated.
The utmost grant quantity is $15,000 per enterprise. Functions are reviewed by a committee, together with three members of county council, members of McClure’s administration and a chamber consultant.
Grant recipient benefitting from the primary spherical of Northampton County distributions included restaurant and hair salon house owners, in addition to dentists.
Lehigh County and the Greater Lehigh Valley Chamber of Commerce final month launched an analogous $5 million small enterprise grant fund aimed to assist these reeling financially from the coronavirus pandemic.
The Lehigh County COVID-19 Small Enterprise Grant program went into impact on July 24. Funds in that program will likely be distributed as a slice from Lehigh County’s $33.three million in federal coronavirus help. It can profit Lehigh County companies with 100 or fewer workers and eligible enterprise house owners can apply for as much as $15,000 every, beneath this system.
Functions are being vetted by a steering committee assembled by Lehigh County Government Phil Armstrong. Funding from the grant can go towards enterprise payroll, lease/utility funds, and different direct funds affected by the pandemic. Moreover, farms are certified for the appliance if the enterprise has fewer than 100 workers.
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Pamela Sroka-Holzmann could also be reached at [email protected].