CORAL SPRINGS, FL – Coral Springs is considering a new $250,000 program to help businesses reopen and comply with safety guidelines related to the coronavirus.
Under the proposed Coral Springs Back In Business Grant Program, up to 250 businesses could each get $1,000 to buy gloves, masks, protective glass, sanitizer, and other materials to keep employees and customers from spreading the virus, said Kristi Bartlett, the city’s economic development director.
The money awarded to businesses would be in the form of grants and would not need to be repaid.
If approved, the program “will address their reopening needs during this unprecedented pandemic,” Bartlett said. “Since businesses are underwater at this point, any assistance is appreciated and will have an impact.”
The money -- which would come from the city’s economic incentive fund -- would be available on a first-come, first-served basis until the funds are depleted, she said.
Only businesses with three to 50 employees would be eligible. No home-based businesses would be considered.
The idea for the program came out of the city’s Economic Recovery Task Force, which is made up of city officials and business leaders.
City commissioners are expected to review the program as early as next week.
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