BATON ROUGE, La. (BRPROUD) – Grants providing COVID-19 relief are now available through the Louisiana Department of Revenue.
The program is referred to as the Louisiana Nonprofit and Small Business Assistance Program.
The Louisiana Department of Revenue is providing details about these grants below:
Eligible nonprofits include churches and other faith-based organizations, public charities, and groups with federal tax-exempt status, such as 501(c)(3) organizations.
Nonprofits must use grant funds aid to communities impacted by COVID-19. Priority consideration will be given to nonprofits providing food, employment, and education assistance programs
Small businesses must have 50 or fewer full-time employees. If approved for the grant, they use their funds to provide workforce development activities that directly address the negative economic impact of the COVID-19. These activities must involve workforce preparation or must improve an individual’s employment opportunities by providing:
- Academic education
- Basic education
- Job readiness training
- Vocational, technical, or occupational education
Eligible small businesses must have 50 or fewer full-time or full-time equivalent employees and include corporations, limited-liability companies (LLC), partnerships and sole proprietorships.
Grants are not awarded on a first-come, first-serve basis. Applications are evaluated based on federal and state guidelines, and on intended use of the funds. While $25,000 is the maximum grant award, not all approved applicants will receive that amount. The program, created by Act 410 of the 2021 Regular Session of the Louisiana Legislature, has a maximum fund balance of $10 million.
Monday, August 16 was the first day that the Louisiana Department of Revenue started accepting applications.
Visit LDR if you have questions about any of the below topics:
- Program guidelines
- Eligibility requirements
- Online grant application are available