The Monmouth County Board of Chosen Freeholders has dedicated $10 million of its allocated CARES funding to support our community’s small businesses and nonprofit organizations as they struggle to provide residents and visitors with their essential and exceptional goods and services during these unprecedented times.
Freeholder Director Tom Arnone continues to champion this program on behalf of the Board of Chosen Freeholders, “Small businesses and nonprofit organizations are the economic backbone of our community. Taking this extraordinary measure to provide them with direct financial assistance demonstrates Monmouth County’s commitment to help ensure their short-term survival, recovery, and ultimate success.”
The Monmouth County CARES Economic Assistance Grant Program provides financial support up to $10,000 for those qualifying businesses, business owners, and nonprofits that do not exceed $5 million in annual gross revenue and have experienced costly interruptions as a result of the Coronavirus pandemic.
Your business must meet the following criteria:
• Physically located in Monmouth County since January 1, 2019 or earlier
• Negatively impacted by the COVID-19 pandemic
• $5 million or less in annual gross revenue
• 50 or fewer fulltime equivalent (FTE) employees, including the owner, as of March 1, 2020.
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