Pend Oreille County is partnering with Tri County Economic Development District (TEDD) to administer a Small Business Stabilization Grant program made possible by federal Coronavirus Aid, Relief and Economic Security (CARES) Act funding. The County has committed up to $300,000.00 for small business assistance that will be distributed in the form of grants of up to $10,000.00 each, and will be awarded to local businesses that have been impacted by the COVID-19 pandemic. “The Pend Oreille County Commissioners are very concerned for the local economy and have partnered with TEDD to offer this grant, which will provide much needed support to businesses throughout the county” commented TEDD Executive Director Jeff Koffel.
Many local businesses are feeling the effects of the pandemic and the uncertainty that lies ahead. The Pend Oreille County Commissioners want to make sure that the funding provided by the CARES Act makes its way into the hands of these businesses as soon as possible. County Commissioner Steve Kiss commented, “Pend Oreille County is pleased to offer some help for our businesses struggling through this unprecedented time. We felt that this is a good use of the funds provided by the federal government.” The CARES Act funds must be distributed by October 31, or they will revert to the U.S. Department of the Treasury.
Business owners interested in applying for the grant click on the button below to be taken to the TEDD website and the grant application page. Applications are being accepted through September 30th, or until the available funds are depleted. Please call the TEDD office at 509-684-4571 with any questions.