Mid-Columbia Economic Development District (MCEDD) was granted $250,000 from Business Oregon to distribute COVID-19 Emergency Business Assistance Grants in Hood River, Sherman and Wasco Counties. Grants will be disbursed on a first come, first-served basis with $100,000 each set aside for Hood River and Wasco Counties and $50,000 for Sherman County. Additionally, 50% of all funds must be given to sole proprietors.
We will begin accepting applications at 8:00 a.m. on Tuesday, July 7. Email applications to firstname.lastname@example.org or mail/ hand deliver to MCEDD at 802 Chenowith Loop Road, The Dalles, OR 97058. Applications can be found to the right or at the bottom of this page.
The Oregon Legislature, in partnership with the Governor, allocated $5 Million from the State General Fund, which will be combined with $5 Million redirected from existing programs at the Oregon Business Development Department (Business Oregon), for the purpose of providing financial assistance to small businesses adversely affected by economic conditions associated with the COVID-19 pandemic that have not received federal emergency assistance under the federal CARES Act or other federal program for emergency pandemic funding.
To fill gaps not reached by other programs, these state funds are directed to adversely affected businesses with 25 or fewer employees, and only those that have been unable to receive federal CARES Act funding, including the Small Business Administration’s Paycheck Protection Program, Economic Injury Disaster Loan Emergency Advance program, or other federal programs for emergency pandemic funding to date. Businesses may use the proceeds for any business-related operating expenses.
All of the following must be met:
- The Business is headquartered in Oregon and has its principal operations in Oregon.
- If required by Oregon law to be registered with the Oregon Secretary of State to do business in Oregon, the Business is so registered.
- The Business has 25 or fewer employees and/or a sole proprietor.
- The Business was adversely affected in either one of the following two ways:
A) For-profit and non-profit (limited to 501(c)(3) corporations) businesses that were prohibited from operation as directed by Executive Order 20-12.
B) For-profit businesses that can demonstrate a one-month decline in sales greater than 50% in the month of March 2020 or April 2020 as compared against sales in the month of January 2020 or February 2020. Those non-profit businesses (limited to 501(c)(3) corporations) that can demonstrate a decline in revenue greater than 50% across the months of March 2020 and April 2020 as compared against the same period of time in 2019.
- The Business has been unable to access federal CARES Act funds including:
A) The Paycheck Protection Program (PPP);
B) Small Business Administrations’ (SBA) Economic Injury Disaster Loan Emergency Advance program (EIDL); or
C) Other federal programs to date for emergency pandemic funding.
- Passive real estate holding companies and other entities holding passive investments.
- Non-profit entities that do not have federal 501(c)(3) status.
- Businesses that are delinquent on federal, state or local taxes that were due before April 1, 2020.
- Businesses that have already received grant funds through this State of Oregon COVID-19 Emergency Business Grant program.
- Businesses that do not otherwise meet the eligibility requirements sets forth above.
Awards to eligible businesses will be made as a grant. The amount of the grant will be the greater of two figures: first based on the number of employees before the COVID-19 crisis (as of February 29, 2020); or the second based on the documented amount of fixed operating expenses for the 60 day period of January 1 through February 29, 2020:
- 1-5 employees: $2,500, or 60-day fixed expenses up to a maximum of $5,000.
- 6-10 employees: $5,000, or 60-day fixed expenses up to a maximum of $10,000.
- 11-15 employees: $7,500, or 60-day fixed expenses up to a maximum of $15,000.
- 16-20 employees: $10,000, or 60-day fixed expenses up to a maximum of $20,000.
- 20-25 employees: $12,500, or 60-day fixed expenses up to a maximum of $25,000.
Only employees reported to the Oregon Employment Department on Form 132, for Q4 2019 or Q1 2020, will be considered eligible when calculating the number of employees.
We will begin accepting applications at 8:00 a.m. on Tuesday, July 7. Email applications to email@example.com or mail/ hand deliver to MCEDD at 802 Chenowith Loop Road, The Dalles, OR 97058. Click the links below for applications in the following languages:
- Call 541-296-2266 x1005 for English, o llame al 541-296-2266 x1004 en Espanol.