The Highlights

• Small Retail Business Promotion Grant
• Small Business Impact Grant Round 2
• Shop In Utah Grant
• Wasatch Business Series: COVID, Commerce, and Congress with Ben McAdams
• Business Resources
• Businesses Who Are Open Now

Millcreek's Small Retail Business Promotion Grant

TO QUALIFY:

• Have a current Millcreek Business License as of January 31, 2020
• Demonstrate a business interruption caused by required closures due to the COVID-19 public health emergency totaling at least $5,000 of reduced retail revenue
  • Evidence for this shall be submitted by the business by comparing Mar+Apr+May 2019 sales tax receipts with Mar+Apr+May 2020 sales tax receipts; or by comparing Jan+Feb 2020 sales tax receipts with Mar+Apr 2020 sales tax receipts
• Must be an active retail business
  • Defined as having paid at least $150 in sales tax in any month in 2020
• Must be a small business
  • Defined as 95 or fewer Full Time Equivalent employees as identified by the IRS

• Up to $5,000 in reimbursement for business advertising
  • May include social media and digital promotions; direct mail; coupons; advertising space in print or online newspapers, magazines, or websites; radio; television; outdoor billboards or signage; flyers, doorhangers, and other printed materials; logoed T-shirts, hats, or merchandise; event sponsorships; or other legitimate marketing outreach to encourage increased sales and/or brand awareness. Cannot include consulting, payroll, or agency fees.

1. Apply to Millcreek between August 1 - August 31, 2020 here: https://millcreek.us/412/Small-Retail-Business-Promotion-Grant
2. City would determine if qualified within three business days, and if so, reserve their $5,000 (first-come-first-served while city grant funds are available. It is estimated that Millcreek will authorize approximately $1,500,000 for the program, assisting the first 300 qualified businesses)
3. Business would have until October 19, 2020 to advertise and submit receipts to city for reimbursement (receipts must be for purchases between August 1, 2020 and October 19, 2020)

All grantees would be reimbursed by Millcreek by October 31, 2020.

Small Business Impact Grant

The Small Business Impact Grant (SBIG) is a COVID-19 relief program for small businesses in Salt Lake County funded by the CARES Act. SLCo will award up to $40 million in grants through one-time payments of $500 to $35,000 to impacted businesses that apply.

Update to Grant Eligibility 

As of July 28, 2020, the eligibility requirements for the Salt Lake County SBIG have been updated to include all industries, as well as businesses that received LESS THAN $35,000 in CARES Act funds.

Any small businesses in Salt Lake County meeting all other requirements at https://slco.org/covid-19/economy/grants should apply. If you were denied the grant in Round 1 based on industry or previously receiving COVID-19 aid, please re-apply.

Shop In Utah Grant

The COVID-19 Impacted Businesses Grant Program, known as ‘Shop In Utah,’ is a grant program for businesses.

This $25 million initiative provides grants to businesses negatively impacted by the COVID-19 pandemic. Companies must offer a discount, coupon, or another offer with an estimated value to their customers of at least 50% of the grant amount to qualify for the program.

Because this grant is primarily for Utah’s small businesses, at least 75% of grant funds will go to Utah companies with 250 or fewer full-time employees.

The Utah Governor’s Office of Economic Development (GOED), at the Legislature’s request, administers the program.

COVID, Commerce, and Congress

On August 5th from 11:30 PM-1:00 PM the Millcreek Business Council will host the Wasatch Business Series event with Congressman Ben McAdams.

Register on Eventbrite to attend in person: 

https://www.eventbrite.com/e/covid-commerce-and-congress-tickets-113137675834

Or to access the live stream on August 5 at 12:00 PM please use the link below:

https://millcreekut.civicclerk.com/Web/Player.aspx?id=157&key=-1&mod=-1&mk=-1&nov=0

If you are attending virtually, you will not need to register for the event just join us using the link above and be SURE TO PRESS PLAY to start watching virtually!

We look forward to your joining us for this event!

Business Resources 

Millcreek Business Resources Page:

Click here Business Resources for COVID-19 or copy and paste the link below to learn more about business resources for COVID-19. 

https://millcreek.us/394/COVID-19-Business-Resources 

Businesses Who Are Open Now