Up to $40,000 in COVID-19 Recovery Assistance Available to Small Businesses
Hillsborough County has an economic recovery financial assistance program to assist local small businesses economically damaged by the COVID-19 coronavirus pandemic. The $100 million Kickstart Small Business program aims to soften protracted economic injury and complement other local, state, and federal assistance programs. The program is open to businesses located anywhere in Hillsborough County, including the cities of Tampa, Temple Terrace, and Plant City
This is a financial assistance program, not a loan. Therefore, the funds do not need to be paid back. Awarded funds can be spent on any business-related expense, such as employees' wages, mortgage, rent, vendor invoices, utility bills, payroll, and other costs, so long as these expenses are not paid for by insurance or another federal assistance program. Receipt of other local, state, or federal assistance (such as One Tampa or PPP/EIDL relief loan funds) will not impact a business' eligibility for this program.
Fixed award amounts are determined by the number of employees for each business:
- 0 to 2 employees - $10,000
- 3 to 10 employees - $20,000
- 11 to 20 employees - $30,000
- 21 employees and more - $40,000
Applications will be accepted through Dec. 1, 2020, or until funding is exhausted.
Online information sessions provide an overview of the program, information on qualifying criteria, details on applying, resources to assist potential applicants, and a brief question and answer period. Sessions are available in English and Spanish.
Visit the R3 Economic Recovery Financial Assistance page for the latest program details and session links.