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Portland's Small Business Relief Fund offers $15 mil. in coronavirus assistance

KATU Portland logo KATU Portland 9/23/2020 KATU Staff
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The city-run economic development agency Prosper Portland has started accepting applications from small businesses for another round of grants.

There is $15 million available through the "Small Business Relief Fund."

Prosper Portland says there are a few requirements. Businesses have to employ 50 people or fewer, be in the City of Portland, and have experienced revenue decline since the start of the pandemic.

The city said it will prioritize businesses that are owned by minorities or non-profits, as well as businesses that didn't get enough federal funding, or businesses that plan to use the money to help adapt to the new COVID-19 environment.

You can find out more about applying on Prosper Portland's website.

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