COVID-19

Restaurant Revitalization Fund Grants

Restaurant ACC

The new Restaurant Revitalization Fund (RRF), part of the recently passed American Rescue Plan, provides $28.6 billion in grants to restaurants and bars in need. The SBA will begin registrations for the Restaurant Revitalization Fund on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT. The online application will remain open to any eligible establishment until all funds are exhausted.

Take note that our IMS connection says that the IEDC thinks the demand will be high and with roughly 12,000 businesses that could be eligible, they are telling people to prep over the weekend if they can. To find out more about eligibility, who can apply, and when, click here so you are well-prepared and informed!