Beginning Aug. 25, eligible small businesses and non-profit organizations in Placer County can begin applying for Placer Shares grant funding to offset impacts caused by the coronavirus pandemic and the resulting state shutdown order.
The grant program is made possible by the Placer County Board of Supervisors who directed that 20% of the $40 million from CARES (Coronavirus Aid, Relief and Economic Security) Act funding be set aside to help small businesses and nonprofits, the largest percentage of any county in the state.
Supplemental grant assistance for non-profits will be administered by the Placer and Tahoe-Truckee Community Foundations.
“Placer County is committed to supporting our local businesses and nonprofits impacted during this economic crisis,” said Board Chair Bonnie Gore. “That is why the county is diverting 20% of our CARES funding, more than any other county in California, to support business and nonprofits, helping them stay open. We are a strong and resilient community. Our Board stands firm to support our local economy with everything we’ve got.”
The grant program, which will be based on need, could provide awards of up to $10,000 to cover eligible COVID-19 expenses, identified by United States Treasury guidance.
Grant applications will be accepted online Aug. 25 – Sept. 7 on the Placer Shares website.
Placer Shares: Eats & Drinks
In addition, the Placer County Board of Supervisors approved an additional $1.2 million in grant funding to assist restaurants and bars impacted by COVID-19 in the county.
Eligible restaurants and bars may begin applying for $1,000 in grant funding via the newly established Placer Shares: Eats & Drinks program.
“This pandemic has been devastating to our entire community, especially restaurants and bars,” said Placer County Board of Supervisors Chair Bonnie Gore. “The Eats & Drinks program is just one example of Placer’s commitment to help business sectors hardest hit by COVID-19.”
Grant applications will be accepted online beginning Aug. 21 at http://www.placer.ca.gov/eatsdrinks, and must be received by Sept. 30.
The Board of Supervisors voted to offer fee relief for restaurants and bars who had paid their annual county inspection fees but were ordered to close by the state due to COVID-19.
Placer Shares, Eats & Drinks grant funding is separate from the Placer Shares $8 million grant fund.
Eligible restaurants and bars may apply for both Eats & Drinks and Placer Shares programs.