$16 Billion in Federal Grants to Support Kansas Venues Affected by COVID-19
Joe Denoyer - April 9, 2021 4:25 pm
TOPEKA – $16 billion in grants will be administered to shuttered venues through the Shuttered Venue Operators Grants (SVOG) program by the Small Business Administration (SBA).
The SVOG program will be administered by the SBA’s Office of Disaster Assistance.
Eligible applicants may qualify for the SVOG grant equal to 45% of their gross earned revenue for 2019, with the maximum amount available for a single grant award of $10 million.
$2 billion is reserved for eligible applications with up to 50 full-time employees. The program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020.
Eligible entities must have been in operation by February 29, 2020 and include:
Live venue operators or promoters
Live performing arts organization operators
Relevant museum operators, zoos, and aquariums
Motion picture theater operators
Venue must have fixed seating
Owners of eligible business entities
All eligible Kansas venues are encouraged to take part in the SVOG program. You can learn more about the Program and apply here.