FY 2023 Disaster Supplemental
Highlights
We understand that navigating recovery after a disaster can be tough. This program offers a vital opportunity to access grants that require no repayment, allowing you to focus on revitalizing your business and community without added financial stress. With funding available for various recovery projects, you can tailor your initiatives to fit your specific needs, whether that’s enhancing your infrastructure or supporting local workforce efforts.
Applying to this program also means you're part of a larger movement to foster economic recovery in your area. You’re not just rebuilding; you’re strengthening your business for the future. The new grants management platform, EDGE, simplifies the application process, making it easier and more straightforward than ever to get the support you need.
Don’t miss the chance to reshape the future of your business. This program recognizes the challenges you face and aims to empower you with the necessary resources for recovery and growth. With no restrictions on revenue or employee count, it's an inclusive opportunity for all businesses impacted by recent disasters. It’s time to take action and turn this funding into prosperity for your business and community.
Financing Details
Type of Financing
This program offers grants to assist your business. Grants are funds that do not require repayment, making them a valuable source of financial support.
Eligible Expenses
You can use the funds for a wide range of expenses, including both non-construction and construction projects that support long-term economic recovery. Specifically, consider expenses like salary support, purchasing equipment, and strategic initiatives aimed at overcoming economic challenges caused by recent disasters.
Restrictions and Fees
Funds cannot be used for personal expenses or projects unrelated to the recovery effort. Also, keep in mind that while there are typically no hidden fees associated with the grant, it's best to review all terms in the application to ensure you understand any requirements or conditions.
Let’s get your application submitted!
Qualifications
- Location: Must be in areas with a Presidential disaster declaration due to Hurricanes Ian and Fiona, or other natural disasters from 2021 and 2022.
- Sectors: Available to businesses across all sectors.
- Employees:
- No minimum number of employees required.
- No maximum number of employees required.
- Company Revenue:
- No minimum revenue qualifications.
- No maximum revenue qualifications.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications: None specified in the context.
Description
This program is designed to help your business recover from major disasters, like Hurricanes Ian and Fiona, and other natural events that struck in 2021 and 2022. If your community was affected and is located in an area with a Presidential disaster declaration, you could access funding to support various recovery projects. These projects might include both construction and non-construction initiatives aimed at strengthening your local economy.
The details about the amount of funding are not set, but it is intended to support long-term economic recovery strategies in affected areas. This means you could utilize these funds for a range of expenses, depending on what your community needs most. There are no minimum revenue or employee requirements, allowing all businesses, regardless of their size or structure, to benefit.
It's important to keep in mind that this funding does not require payback, giving you the freedom to invest in recovery efforts without the worry of future financial burdens. This is a chance to strengthen your business and contribute to rebuilding your community after challenging times.
Program Steps
Gather Required Documentation
- Business license or registration documents
- Proof of location in a disaster-affected area (e.g., address documentation)
- Tax returns or financial statements for the past two years
- Description of your proposed recovery project and its impact on the community
- Any additional documentation as requested by the program
Visit the Program Website
- Navigate to the program website to review resources and guidance on the application process.
Complete the Application Form
- Fill out the online application form accurately, providing all the necessary details about your business and proposed projects.
Submit the Application
- Carefully review your application for completeness and accuracy before submitting it online.
Track Your Application Status
- After submission, monitor your application status through the program’s grants management platform, EDGE.
Prepare for Follow-Up
- Be ready to provide any additional information or clarification requested by program administrators.