Montgomery County is using funds received from the CARES Act to launch a new financial assistance program for small businesses affected by the coronavirus pandemic.
The county allocated $40 million in federal stimulus funds to establish grants to help small businesses hurt during the pandemic.
Businesses can sign up for email alerts about the application process at https://bit.ly/MCOhioCares.
The small business grant program is expected to launch in June.
The county received $200 million in CARES Act funds and is using additional funds to create programs aimed at helping education, agriculture and health care industries. Funding will also go toward providing housing and rental assistance to individuals and families. Anyone interested in receiving more information can sign up for email alerts.
Montgomery County created the Office of CARES Act to manage the funds and oversee distribution. More information is expected to be released as the county continues to launch programs.
Thank you for reading the Dayton Daily News and for supporting local journalism. Subscribers: log in for access to your daily ePaper and premium newsletters.
Thank you for supporting in-depth local journalism with your subscription to the Dayton Daily News. Get more news when you want it with email newsletters just for subscribers. Sign up here.