MONTGOMERY, Ala. — Revive Plus, a $200 million small business Alabama COVID relief grant program, will help small businesses, non-profits, and faith-based organizations in Alabama. It's the second wave of grant funding for these groups.
According to the governor's office, Revive Plus will award to organizations with 50 or fewer employees grants of up to $20,000 for expenses they have incurred due to operational interruptions caused by the pandemic and related business closures.
The office explained that businesses and groups may receive up to $20,000 to reimburse qualifying expenses if they have not received federal assistance for the corresponding item they are claiming with the state of Alabama. The Revive Plus grant is in addition to any state of Alabama Coronavirus Relief Fund grant previously received, including the Revive Alabama Small Business, Non-Profit, Faith-Based, and Health Care Provider grants.
Grants will be awarded to qualifying applicants on a first-come-first-served basis until the funds are exhausted. There is no set cap on the number of entities that may be awarded a Revive Plus Grant.
“As the state has rolled out over $1 billion of the CARES Act monies to the individuals and businesses affected by COVID-19, it became evident the group most overwhelmingly hurt during the pandemic were the small ‘mom and pop’ shops,” Governor Ivey said. “A second round of assistance through Revive Plus will ensure that the small business owners who have borne the brunt of the downed economy can be made as whole as possible. As we head into the holiday season, my hope is that this will be welcome news for our businesses and help ease their burdens from what has been a very hard year.”
“The Revive Plus program is much needed in our small business economy,” Senate General Fund Chairman Greg Albritton (R-Atmore) said. “I commend Governor Ivey for taking this action, recapturing unspent dollars and using a proven program to bring economic relief to our small business owners.”
Earlier this year, Alabama received approximately $1.9 billion of CARES Act funding to respond to and mitigate the coronavirus pandemic. $300 million of the Coronavirus Relief Fund was allocated for for individuals, businesses, non-profits, and faith-based organizations directly impacted by the coronavirus pandemic.
“This second round of funding for Alabama entities will provide much needed resources for our state’s economy,” Senate Minority Leader Bobby Singleton (D-Greensboro) said. “I appreciate the governor and the Finance Department’s work to ensure we utilize these funds to the benefit of our citizens.”
You can find grant information and the grant application through the Coronavirus Relief Fund website. The application period for the Revive Plus Grant Program will open at noon, November 23, 2020 and run through noon, December 4, 2020. Qualifying entities must have been in business March 1, 2020, are currently in business and have a valid W-9 to apply for a Revive Plus Grant.