The City of Columbia Housing Programs Division is excited to announce the availability of grant funding for locally owned small businesses with 5 or fewer employees. The Microenterprise Recovery Loan Program application portal will be open and available to applicants on September 15, 2020 from 8am to 5pm.
Eligible businesses may receive a $5,000 forgivable loan to cover business interruption, adaptation and resiliency expenses in response to the impact of COVID-19. A list of program guidelines and required application materials can be found on the City's webpage at: https://www.como.gov/community-development/neighborhoods/housingprogramsdivision/microenterprise-recovery-loan-program/. An employee income certification form included as a requirement within the application can also be downloaded and completed prior to the opening of the application portal.
A link to the portal can be found here: https://portal.neighborlysoftware.com/como/Participant
The City of Columbia's nonprofit community partner, Central Missouri Community Action (CMCA) Women's Business Center, is also available to assist in providing technical support to businesses navigating the application process. Contact info can be found on their website at: https://mowbc.org/.
Look for an additional funding announcement for business with more than 5 employees in early October. For more information about the Microenterprise Recovery Loan Program, please contact Randy Cole, [email protected], or 573-874-6321.