FAYETTEVILLE, N.C. – Small business owners interested in applying for Cumberland County’s Small Business Economic Assistance Program may participate in a virtual information session on Tuesday, Feb. 8, at 7 p.m.
Small businesses with no more than 250 employees that meet program requirements and that can demonstrate economic hardship due to the COVID-19 pandemic may apply for up to $50,000 in financial assistance.
The application is posted on County’s ARP webpage at cumberlandcountync.gov/ARP under the Small Business tab. The program policy is also posted. Hard copies of the application are available at all eight Cumberland County Public Library locations.
As part of the American Rescue Plan Act, the County was awarded $65.2 million in Coronavirus State and Local Fiscal Recovery Funds (CSLFRF). The Board of Commissioners approved allocating $3.5 million in funding to establish a Small Business Economic Assistance Program.
A business is required to have been in operation on or before March 3, 2021, and to still be in operation currently. A contractual relationship will be established between the County and the small business to ensure compliance with County, State and Federal guidelines.
PO Box 1829
PO Box 1829