Up & Coming Weekly

July 05, 2023

Up and Coming Weekly is a weekly publication in Fayetteville, NC and Fort Bragg, NC area offering local news, views, arts, entertainment and community event and business information.

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WWW.UPANDCOMINGWEEKLY.COM JULY 5 - 11, 2023 UCW 9 Cumberland County Govern- ment will reopen the application period for its Small Business Economic Assistance Program from July 1 to July 31 to allow for additional small businesses to ap- ply for assistance. e announcement comes along with the Board of Commis- sioners' approval on June 19 of a revised Small Business Economic Assistance Policy in light of the U.S. Treasury's Final Rule on the American Rescue Plan, which was released in April 2022. e revised policy includes modifications with implications for the county's Small Business Economic Assistance Program, including revised eligibility cri- teria, updated funding allocation guidelines, and revised reporting requirements. e Cumberland County Small Business Economic Assistance Program allows small for-profit businesses that faced economic hardship due to the COVID-19 pandemic to apply for up to $50,000 in financial assistance. For the purpose of this program, small businesses are defined as having no more than 250 employ- ees (including the owner) at the time of application submission. Assistance may be provided to reimburse the small business for qualifying expenses related to: •Payroll, which includes wages and associated payroll taxes; and •Occupancy, which includes rental lease payments, mortgage (for business property) as well as utilities. e application and re- vised policy is available on the Cumberland County Board of Commissioners' American Rescue Plan website at cumberlandcoun- tync.gov/arp-small-business e website also includes a link to a virtual information session with county staff, which will pro- vide more information about the program, including a question- and-answer period. Anyone with questions should contact the county's American Rescue Plan team at arpsmb@ cumberlandcountync.gov. For more information on the ARP Committee and Cumberland County's ARP programs, visit cumberlandcountync.gov/arp. County reopens Small Business Assistance application period a STAFF REPORT NEWS Applications for the Small Business Economic Assistance Program are being accepted until July 31. e program allows businesses that faced hardships during the pandemic to apply for up to $50,000 in financial assistance. FREE HEALTH CARE • for Eligible uninsured Adults call 910.485.0555

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