City's grant program awards nearly $1M to 79 local businesses in first round. What's next?

A federally funded city government program for small businesses awarded its first round of grants on Tuesday, issuing a combined $880,000 to 79 Charlotte companies. The grants are part of a $30 million initiative aimed at helping small businesses recover from Covid-19-related setbacks. The city hired Foundation For The Carolinas to run the grant program for $2.4 million, including administrative costs. Charlotte received $154.5 million as part of the $2 trillion federal Coronavirus Aid, Relief…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/06/30/nearly-1m-awarded-from-citys-30m-grant-pool.html?ana=RSS&s=article_search