The City of Cornelius, in partnership with Washington County and the Micro Enterprise Services of Oregon (MESO), is proud to announce the launch of the Cornelius ¡Revive! Small Business Assistance Grant Program on Wednesday, July 22, 2020. Through this program, funded through the federal CARES Act, the City of Cornelius will provide grants of up to $5,000 to Cornelius-based businesses for eligible business-related expenses, such as rent or mortgage, payroll, utilities, or inventory. In order to be eligible for assistance, you must:
- Be physically located in City of Cornelius
- Hold a current City of Cornelius Business License
- Be an individually owned franchise if part of a chain
- Have either been closed by the “Stay Home, Save Lives” Executive Order or have lost at least 30% of revenue in any month since March 2020 compared to the previous month or compared to the same month in 2019. NOTE: Applicants will be required to submit documentation to verify their revenue loss
- Have not had more than 25 full-time employees at any one time in the last 12 months
- Have been in operation since at least September 1, 2019
- Not be a passive real estate holding company or other entity holding a passive investment in a small business but with no operational ties to that business
- Be a for-profit business
- Had no more than $3M in gross revenue in 2019
- Was current on all federal, state and local taxes as of December 30, 2019
- Be in compliance with all federal, state and local laws and regulations (marijuana-related businesses are not eligible due to federal status)
- Not be an adult-oriented business or derive a majority of income from gambling activities.
- Be registered with the state or be exempted from the requirement to register with the state.
Application forms are available in English and Spanish. The application period opens at 8 am on July 22, 2020 and will close at 5 pm on July 28, 2020. This grant program will be administered on behalf of the City of Cornelius by MESO.
For more information, please contact Ryan Wells, Community Development Director, at (503) 357-3011 or by email.