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WE ARE NO LONGER ACCEPTING APPLICATIONS
We are currently reviewing applications and completing our fundraising efforts. There is a possibility that we will reopen the process and, if so, we will post an update here at that time.
Together we preserve our cherished community!
We are raising funds to make grants to those businesses the survey indicated to be at greatest risk. We are accepting Requests for Funding at the same time as we are raising funds, and our hope is to be in a position to start disbursing funds as early as mid-May.
THE APPLICATION DEADLINE IS
5:00 PM on XXXXXX, 2020
The SRA is doing its best to help those businesses that will be most severely impacted by the crisis.
We aim to grant the most we can to the businesses that need it most.
This program is targeted at retail, restaurant, and tourism-driven businesses in the Town of Mount Desert, and applications from businesses outside those categories or in other towns will not be considered.
We assume that non-profits have their own fundraising platforms, and that is why we have opted not to include them in this program.
These are grants, not loans, and there is no expectation of repayment.
We ask that each recipient join the Chamber of Commerce once their application has been approved. The Chamber has provided important input to this program, and the SRA believes a strong Chamber means a stronger business community.
The total amount to be granted will not be known until our fundraising efforts are complete.
Grant size will be determined by the SRA Board based on its assessment of each applicant's need.
If your business does not truly need a grant, we ask that you not apply.
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