Expanded Indiana Small Business Restart Grant

Expanded Indiana Small Business Restart Grant

In April 2021, Governor Eric J. Holcomb announced a significant expansion of the Indiana Small Business Restart Grant that will add $60 million to the program, which allows small businesses to seek reimbursement for eligible expenses incurred between March 1, 2020 – May 1, 2021.

The program provides working capital to eligible companies by reimbursing certain expenses incurred during and related to the global pandemic for qualified business expenses incurred between March 1, 2020 and May 1, 2021. Businesses that have already received Small Business Restart Grants – but have not reached the maximum reimbursements of $50,000 – may re-apply during this expanded program.

The deadline for applying is December 31, 2021. Eligible small businesses are encouraged to apply as soon as possible as grants will be issued in the order in which applications are received until funding is exhausted or until the program expires.

More information is available at https://stayinbiz.org/