Originally published 9/13/21; Updated Application 9/22/21 Closed
Are you a Skagway business that has been severely impacted by the coronavirus pandemic and have received little additional financial assistance thus far? Checkout the Municipality of Skagway's new Small Business Relief Grant Program. Opening September 20th, 2021. This program is now closed for new applications.
On September 2, 2021, the Skagway Assembly allocated $1.2 Million of the NCL donation for a Small Business Relief Grant program. This non-competitive grant program will allocate $1,000 - $40,000 to eligible businesses based on the businesses loss relative to all eligible businesses that apply. The Skagway Development Corporation will be administering this grant program on behalf of the Municipality.
To prepare for applying for the program, check out the grant application and accompanying FAQ sheet.
To be eligible a business must:
· A business must have been in existence as of March 11, 2020 to qualify.
· Businesses must have held a 2020 State and Local business license.
· Businesses must have experienced a 20% or greater loss in Gross Annual Income from 2019 to 2020*
·*2020 Gross Annual Income includes grant funds and forgiven portions of loans offered by Federal, State of Local government bodies in response to the coronavirus pandemic including the MOS’s SBEG and SNOW grants, the forgiven portion of a business’ 2020 1st round PPP loan, any EIDL advancement funds, AK Care funding, etc.
· Businesses must have an up-to-date 2021 State and Municipal business license.
· The physical location of the business must be located in Skagway per the State of Alaska business license list as of August 20, 2021.
· The business owner(s) do not have to be a resident of the Borough of Skagway.
· Businesses sharing physical quarters may each apply and qualify for their own grant but each business must have its own 2021 MOS business license number.
· Eligible entities also include commercial fishermen, non-profits, and not-for-profits organizations.
· There must be one application per business applying with its own unique 2021 MOS business license number.
· Applicants will be required to check a box that states they intend to remain in business into 2022.
· Applicants are required to self-certify that they have been affected by the COVID-19 public health emergency and resulting economic impacts. The intent of the program is to assist communities and businesses that suffered economic harm from the public health emergency. Impacts could include, though are not limited to, loss of sales due to mandatory shutdown, inventory loss, additional operating expenses of reopening and protecting staff and customers (including funds already spent for those purposes) or debt incurred due to COVID-19.
· The applicant must certify that the information provided is true and accurate and that they agree to assist in the verification of information provided in the application and to provide additional information to SDC if requested.
It is the intent of SDC, to the extent allowed by law, that the review work, business-sensitive information, and the applications themselves, will remain confidential. The names of businesses that receive grants and the amount each receives will be considered a public record.
The Application period is scheduled to open September 20th, 2021, and will be open for two weeks with the expected closure on October 4th, 2021 at 5 pm.