Small business owners from around the Gulf of Alaska have another opportunity to get much-needed support during the pandemic. The first round of the Rural Relief Small Business grants from the Local Initiatives Support Corporation, or L-I-S-C, opened Monday and will remain open until next Monday, October 5.
The 900 grants encompass $18 million in spending on small businesses in generously defined “rural America”- which according to the LISC includes communities “having a population of 50,000 or less.”
Applications are being accepted in several “rounds,” in each of which multiple grants will be released.
The LISC says that grants “will support small businesses and enterprises affected by COVID-19 across the country, especially those in underserved communities, including entrepreneurs of color, women and veteran-owned businesses that often lack access to flexible, affordable capital.”
Business owners in rural communities interested in finding out more about these grants can learn more at lisc.org.