COVID-19 Relief Update: March 22
Treasury Department Launches CERTS Grants Webpage as Placeholder, Additional Information Coming
The CERTS Grant program is coming soon! ABA and several industry entities have been working with partners in the federal government and Congress to fast track the application process and begin providing grant relief so desperately needed in the industry. The Treasury Department, who has cautioned that the program is still weeks to months away, has now created a webpage to start providing information in anticipation of taking grant requests. Keep an eye on the webpage for additional developments and more information.
Shuttered Venues Can Submit Grant Applications Starting April 8
The Small Business Administration will begin accepting online applications April 8 for more than $16 billion in grants for performing arts centers, movie theaters and museums that have been shut down during the pandemic.
- Venues may qualify for grants valued at 45 percent of their gross earned revenue up to a maximum of $10 million
- $2 billion in funding is reserved for applicants with 50 or fewer employees
- The SBA will host a webinar for interested applicants on March 30