Borough of Swarthmore issued the following announcement.
During its Dec. 16 public meeting, Delaware County Council unanimously voted to authorize CARES Act funding to further assist Delaware County businesses that have suffered loss from business interruptions due to the COVID-19 pandemic.
The fourth round of funding, Delco Strong: Rapid Response is modeled after the Delco Strong, Delco Strong 2, and Delco Strong 3 grant programs offered in May, July, and November which distributed over $16 million to 1,428 local businesses and 130 local non-profit organizations. Delco Strong: Rapid Response will offer funding to Delaware County businesses directly affected by the Governor’s recent updated mitigation efforts which are in effect from December 12-January 4. The new mitigation efforts prohibit indoor dining, limit indoor and outdoor gatherings, and prohibit entertainment venues and gyms and fitness centers from operating.
Council’s vote authorizes $ 4 million in additional Delco Strong grants to be distributed to eligible small businesses. Business owners can apply online beginning on December 18. Delco Strong: Rapid Response provides a sliding scale of assistance to the Full-Service Restaurant/Tavern/Catering industry based on 2019 gross revenue and for those that have modified operations to remain open at a limited capacity during the three-week mitigation. Businesses are eligible for up to $40,000. Businesses such as entertainment centers, fitness centers, and instructional studios (dance, yoga martial arts) with annual revenue under $2.5 million are eligible for a flat subsidy of $5,000 to offset overhead for the three weeks.
Previous Delco Strong grantees are eligible and encouraged to apply and new applicants are also eligible to apply. Previous grantees are automatically qualified and do not need to resubmit their documentation, however they must submit a form stating they would like to apply for a grant. For more information, go to the Delco Strong website: https://delcostrong.delcopa.org/
The Delco Strong: Rapid Response program is administered by the Delaware County Economic Development Oversight Board. The program is funded entirely by a County Council grant in the amount of $4 million.
Original source can be found here.
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