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Small businesses are an important part of the fabric of our community and they are being significantly impacted by the economic shut down that is a necessary response to the pandemic. To minimize the impacts of this crisis, the Town Council for the Town of Plainfield has established a $75,000 Small Business Crisis Response Grant Program.
Max. Award Amount: $2,500
The CRG has limited funding and not all grant requests may be approved or approved at the level requested.
Businesses eligible for a Plainfield Small Business Grant must meet the following requirements:
• Must be in good standing with regard to state and local taxes, licenses and code compliance, and with the Indiana Secretary of State.
• Must have a physical location in Plainfield and been established and operational for at least the previous 6 months.
Grant recipients will be reviewed by the Selection Committee weekly and grants will be awarded on a first come, first serve basis.
Preference will be given to businesses that have:
- plans to hire, train or assist individuals who lost jobs or experienced economic hardship during the COVID-19 crisis;
- needs that have not been or are not anticipated to be addressed through other government assistance programs
- demonstrated a commitment to the community, through support of local youth or charitable programs, good corporate citizenship, participation in community and business support organizations
- not received abatements or incentives from the Town previously
- made all reasonable efforts to keep employees employed during the recovery process
-in an industry sector particularly affected negatively by COVID-19 and public safety measures associated with the outbreak (for example retail, dine in restaurant, salon).
- had 50 or fewer employees as of March 1, 2020.
Please identify and explain the areas of distress for your business as a result of the economic downturn.
For example, are you offering different products, creating new sales channels or customer bases, or reducing expenses by not restocking inventory, etc.?
For example, I would like a $1,800 grant for the following uses: Rent payment for one month totaling $1,200, supplies purchase for new operations totaling $600.
Please explain and support your answer.
Please upload a copy of the executive summary of your business plan. This summary should be no more than 3 to 4 pages including brief descriptions of your company overview, market analysis, organization & management structure, service or product you sell, marketing and sales strategy, and your 2020 financial plan. If you need assistance with this, please contact Todd Cook at email@example.com
If available, please upload a copy of the FY 2018 Profit & Loss Statement
If available, please upload a copy of the FY 2019 Profit & Loss Statement
Please upload a copy of your most current Balance Sheet.
Is there anything else you think the Selection Committee should know about your business or the challenges your business faces?
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