A fund created last year to help businesses and nonprofits in the region is offering a new round of grants to help businesses and nonprofits position themselves for a strong recovery as the pandemic of COVID-19 is starting to subside.
The Resilience Fund, created by six regional funders, provides quick-response grants to businesses and nonprofits facing economic challenges in the Appalachian counties of Ohio and Mid- Ohio Valley in West Virginia.
In 2020, the fund disbursed a total of $ 107,345 to help struggling businesses stay on and survive, according to a press release from Rural Action. As they begin to emerge from the pandemic, companies face new challenges – and opportunities – that the fund hopes to address with its latest cycle.
Grants of $ 3,000 will be awarded based on available funds and applicants’ ability to demonstrate a potential impact on their sustainability, according to the press release.
The fund, which is also seeking additional support from individuals to fuel this new round of grants, requires applications to be submitted by 5 p.m. on Friday, March 26. Whether or not an application is funded, the business will receive information on loans, investment capital, and other sources of grants.
A grants committee made up of stakeholders from the fund’s founders will meet after the application deadline to assess applications and make award decisions.
Businesses, social enterprises, sole proprietorships, and income-generating nonprofits based in, or doing business that have a substantial impact on, the following counties of Ohio and West Virginia are eligible. Ohio counties include Adams, Ashtabula, Athens, Belmont, Brown, Carroll, Clermont, Columbiana, Coshocton, Gallia, Guernsey, Harrison, Highland, Hocking, Holmes, Jackson, Jefferson, Lawrence, Mahoning, Meigs, Monroe, Morgan , Muskingum, Noble, Perry, Pike, Ross, Scioto, Trumbull, Tuscarawas, Vinton and Washington. West Virginia counties include Wood, Wirt, Calhoun, Gilmer, and Roane.
For more information on applying for the Resilience Fund grant – or to donate to the fund – visit www.ResilienceGrants.com. The website also includes a Frequently Asked Questions section with more details on the grant process.