FREEHOLD, NJ — Small businesses in Monmouth County can apply for more funding under an expansion of the CARES Economic Assistance Grant Program.
Monmouth County Freeholder Director Thomas Arnone announced that businesses that already have received a $10,000 grant can now apply for another $10,000 of coronavirus-related funding through the program.
“Any small business that has already applied and submitted expenses in excess of $20,000 does not need to do anything — your application will be reviewed and eligible expenses will be processed,” he announced during a November 2 press conference. “If you submitted more than $10,000 but less than $20,000 and have incurred additional expenses, please submit them as soon as possible.”
Since the program launched on August 3, the county has approved more than 2,100 applications and dispersed nearly $18 million in CARES grants, Arnone said.
To qualify, businesses must meet the following criteria.
- Be physically located in the county since January 1, 2019 or earlier.
- Provide documentation of being negatively impacted by the COVID-19 pandemic.
- Have $5 million or less in annual gross revenues.
- Employ 50 or fewer full-time workers, including the owner, as of March 1, 2020.
While nonprofit organizations that are registered with the Internal Revenue Service can apply, banking, educational, governmental and medical service providers are not eligible at this time.
To learn more about the program or apply, visit monmouthcountycares.com or call 732-375-2196, Monday through Friday from 9 a.m. to 5 p.m.
During the press conference, Arnone also announced that Monmouth County is allocating federal CARES (Coronavirus Aid, Relief, and Economic Security) Act funding to vocational and special needs education — in the form of $500 per full-time student and $250 per part-time student at vocational schools, and $500 per student in the county’s 10 special needs schools.
“There are some things that cannot be taught virtually, including culinary arts, biotechnology and health care. Because of the critical need for hands-on learning, the county vocational schools have worked tirelessly to safely return students to the classroom,” Arnone said.
Since special needs students rely heavily on structure, he said that their schools have had to dedicate their efforts to how to bring them into the schools safely.
“These students have worked so hard to get where they are today and we will do everything we can to help these schools keep their students in their classrooms with their favorite teachers and peers,” Arnone said.
In an update of the county’s COVID-19 testing program, the health department has administered 3,832 tests with 84 positive results since its launch in July. The testing site locations, dates and hours of operation are posted on the county’s website at www.visitmonmouth.com.