Governor Announces $50 Million in New Business Relief Funding

Date: October 07, 2020

UPDATE: As of Oct. 27, applications for SERG program funds have exceeded available funds. While there is no guarantee of payment, applications may still be submitted at this time. If additional funds become available for this program, applications already received will be processed prior to new applications. Any updates regarding additional funding will be included on this page.

ORIGINAL STORY: Gov. Bill Lee and the Financial Stimulus Accountability Group (FSAG) today announced an initial $50 million in federal Coronavirus Relief Funds for the new Supplemental Employer Recovery Grant (SERG) program to provide additional relief to small businesses suffering during the COVID-19 pandemic.

This new wave of funding includes specific support for minority-, women-and veteran-owned businesses as well as businesses owned by people with disabilities.

Small business owners and non-profit organizations can apply to receive reimbursement for eligible direct expenses or costs incurred as a result of business interruption due to the COVID-19 pandemic.

The program’s application window opens Wednesday, Oct. 7, and will remain open until Dec. 29 or until all funds are depleted.

Click here to learn more.

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