Cares Act

Phase II of Relief Program Begins

Phase II of the city’s COVID-19 Business Relief Program was launched earlier this week.

Phase II of the city’s COVID-19 Relief Program began earlier this week.

The program is for businesses and non-profit organizations with 100 or fewer full-time workers that were harmed by the pandemic.

Phase II was launched on Monday and $12 million could be dispensed in that phase.

The relief funds were authorized by the Cares Act adopted earlier this year.

Reimbursement

Businesses and nonprofits can apply for up to $100,000 for either reimbursement of payroll, rent, utility and other operational expenses or to recoup lost revenue.

Retrofit

Businesses and nonprofits can apply for up to $25,000 to reimburse the cost of sanitizing equipment, furniture, fixtures or renovations needed for social distancing. 

This includes the “streateries” program to allow restaurants to expand seating onto sidewalks or parking spaces.

Technical Assistance

Businesses and nonprofits can receive up to $10,000 in professional services to help with human resources, IT, information technology, financial or marketing needs due to COVID-19 changes.

Pre-qualified local subject-matter experts will provide technical assistance and other services in these areas.   

A committee will review and approve applications.

“We opened the second phase with some additional types of support based on feedback we have received from the community,” said Cathy O’Connor, president of The Alliance for Economic Development of Oklahoma City.  “Specifically, we included non-profits and revised the assistance programs to address the most pressing needs.

“Our small business community is vital to our Oklahoma City economy and this program is a critical way to get much-needed support to them quickly.”

The City Council approved Phase I of the program in April with a $5.5 million emergency relief program for local small businesses.

The Website includes information about qualifications and supporting documentation, as well as an application form.

Only businesses and non-profits located in Oklahoma City are eligible.  (A map is online at okc.gov/citylimits.)

“We opened the second phase with some additional types of support based on feedback we have received from the community,” said Cathy O’Connor, president of The Alliance for Economic Development of Oklahoma City.  “Specifically, we included non-profits and revised the assistance programs to address the most pressing needs.

“Our small business community is vital to our Oklahoma City economy and this program is a critical way to get much-needed support to them quickly.”

The City Council approved Phase I of the program in April with a $5.5 million emergency relief program for local small businesses.

The City, the Alliance and the Greater Oklahoma City Chamber built the framework for the program. 

It’s based on research of what other communities are doing nationally and globally to save their local small businesses as the COVID-19 pandemic continues.

The Small Business Continuity Program is the first emergency aid package directly from the city government to local businesses in modern Oklahoma City history.

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