EEDA’s second round of small business microgrants
Update from August 26: While available, the application is online here.
Small Edmond businesses struggling to survive the COVID-19 pandemic could receive up to $5,000 in assistance, thanks to a new round of microgrants now becoming available.
The Edmond Economic Development Authority (EEDA) on Tuesday announced it is now taking applications for the second round of its Edmond Small Business Microgrant Program, saying businesses have from August 26 until September 9 to apply.
Sherry Jordan, the president and CEO of the Edmond Chamber of Commerce, is helping to facilitate the application process. She said she is glad to see the rollout of a second microgrant program after the first ended in April.
“We’re so excited to help Edmond businesses in this way during what has turned out to be a difficult, challenging year,” said Jordan.
Administered by the EEDA and funded by the Oklahoma Coronavirus Relief Fund, the Edmond Small Business Microgrant Program is designed to help businesses remain open and operational through the pandemic until they find other financing sources and capital.
According to the press release making the announcement, a business must fit all of the following criteria to be eligible to receive funding:
- Be a for-profit corporation or business registered with the Oklahoma Secretary of State
- Have a physical brick and mortar location within Edmond city limits
- Have the majority of revenue usually coming from in-person transactions
- Have been established before January 1, 2020
- Have fewer than 50 full-time equivalent employees
The release said selections would be made based on several factors, including business eligibility, narratives, required documents, and available funding, with priority given to minority applicants.
Online businesses are not eligible to receive program funding.
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About Thomas Berger
Thomas Berger is the owner of Ciskus Creative, an Edmond-based creative agency focused on creating marketing content for small and medium-sized businesses.
Prior to starting his own company, he worked as the communications/marketing specialist for an Oklahoma City-based office technology company. Former to coming to the Oklahoma City area, he had worked as a career journalist for more than a decade — initially reporting for several newspapers in western North Carolina and northeastern Oklahoma and later as a multimedia journalist for KJRH Channel 2 in Tulsa.
Thomas has lived in Edmond with his wife Alison since 2013. He has a passion for traveling, photography, learning languages, landscaping and coffee roasting. He holds a Bachelor of Arts in English from Western Carolina University.