Shuttered Venue Operators Grant

Overview:
Government funds have been made available for performing arts centers that have been negatively impacted by the COVID-19 pandemic.Section 324 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act legislation grants the Small Business Administration (SBA) authority to issue grants to live venue operators, promoters, theatrical producers, performing arts groups, movie theaters and talent representatives. Institutions such as nonprofit museums, botanic gardens, historic homes and zoos will also be eligible for these grants.

The proposed legislation provides $15 billion to the SBA for the issuance of these grants, following the model proposed in the “Save our Stages Act” introduced in July by Senators Amy Klobuchar (D-MN) and John Cornyn (R-TX).

An amount of $2 billion has also been made available specifically for businesses with fewer than 50 employees that meet the specified criteria.

Eligibility Details:

ORGANIZATIONS CANNOT RECEIVE A GRANT IF THEY receive more than 10% of gross revenue from federal funding in 2019, excluding amounts received under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.
Eligible entities also cannot have more than two of the following characteristics:

Grant specifics:
Applications:

***THE APPLICATION PROCESS NOT OPEN YET***

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