Small Business Stabilization Grant Round 3- CLOSED
Clark County understands the challenges that many small businesses currently face. As an integral part of our community we want to support small businesses financially impacted by closures or restrictions related to COVID-19. For businesses operating within unincorporated Clark County we have developed a business support grant using federal CARES Act Relief Funds.
Grant Award: up to $15,000 1-24 employees
up to $30,000 25-50 employees
Grant Uses: Working Capital (rent, utilities, inventory, payroll, license fees, etc.)
Eligibility Requirements:
Non-Eligible Businesses:
What You Will Need to Complete the Application?
How To Complete An Application
You can view a video that walks through the online application process step-by step. View Video
When Will Applications Be Accepted?
Applications will be accepted Dec. 1 - Dec. 22, 2020 or until we reach 2000 applications through the online ZoomGrants portal. Applications MUST be submitted through the online ZoomGrants portal. Applications submitted via postal service, hand delivery, courier service, email, fax, text, etc. will not be processed.
What Happens After My Application is Submitted?
You should receive a confirmation email from ZoomGrants once the application has been submitted online. If you have not received a confirmation email check the application status in your ZoomGrants account. Only applications in “submitted” status will be reviewed. Once the application deadline has closed (12/22/2020), applications will be reviewed for eligibility, completeness and prioritization. Please allow 3-4 weeks for this process to occur. Clark County or its grant administrator, National Development Council, may contact you via email if additional information or clarification is needed. Please monitor your SPAM folder as emails from our team sometimes land there from time-to-time.
How Will Grants Be Awarded?
What Happens After My Business is Awarded a Grant?
If your grant application is successful, you will be contacted via email by Clark County’s grant administrator, National Development Council, to provide the following information and documents:
Will I Have to Pay Taxes on Grant Awards?
Yes. The receipt of a government grant by a business generally is not excluded from the business' gross income under the Code and therefore is taxable.
https://www.irs.gov/newsroom/cares-act-coronavirus-relief-fund-frequently-asked-questions
Need Help with Profit & Loss Statements, Balance Sheets, etc? Does Your Small Business Have Other Needs?
The Nevada SBDC at UNLV is honored to be collaborating with the Clark County on their cutting-edge Small Business Support programs.
Through this collaboration, the Nevada SBDC at UNLV is providing counseling to small business, and, specifically, assisting small businesses with their applications to the Small Business Stabilization Grant to ensure the most robust submission is presented.
The Nevada SBDC at UNLV is a resource for small business assistance, providing a unique array of services, expertise, and training in all small business areas including starting, growing, and developing a business. The Nevada SBDC at UNLV also offers information and guidance in understanding and complying with environmental regulations. Further, the Nevada SBDC at UNLV provides useful information and analysis of the economy, environment, and demographic data to help businesses, government, and other organizations promote economic growth in their communities.
To schedule an appointment and learn more about the services provided by the Nevada SBDC at UNLV, please click on the following link https://www.unlv.edu/sbdc or call (702) 895-5019.
APPLICATION SUBMITTAL - How To Video
When you are ready to view and start the application click the "SUBMIT APPLICATION" button below. This will take you to the online portal powered by ZoomGrants. Once on the ZoomGrants web site, you will be required to create a username and password, if you do not already have one. Having a user account will allow you to open and close the application at any time without losing data. Having a user account will also allow you to apply for other Clark County grants without re-entering basic information. All user data is proprietary to Clark County and will never be sold to or used by a third party.
ENSURE YOU MEET ALL ELIGIBILITY REQUIREMENTS
BEFORE MOVING FORWARD
This is not a "first come, first serve" grant. (see HOW WILL GRANTS BE AWARDED above) If you can submit your application during non-peak times please do. Traffic on the ZoomGrants application web site is extremely high and experiencing significant delays at this time. Please be patient or attempt to submit your application at another time.
ELIGIBILITY REQUIREMENTS HAVE CHANGED,
PLEASE READ THEM CAREFULLY
PLEASE READ THEM CAREFULLY
Clark County understands the challenges that many small businesses currently face. As an integral part of our community we want to support small businesses financially impacted by closures or restrictions related to COVID-19. For businesses operating within unincorporated Clark County we have developed a business support grant using federal CARES Act Relief Funds.
Grant Award: up to $15,000 1-24 employees
up to $30,000 25-50 employees
Grant Uses: Working Capital (rent, utilities, inventory, payroll, license fees, etc.)
Eligibility Requirements:
- Business location must be within Unincorporated Clark County
The business location address on the business license will be used to confirm jurisdiction
Businesses within incorporated cities are NOT eligible: (Las Vegas, North Las Vegas, Henderson, Boulder City and Mesquite)
- Must have 50 or less full-time employees as of March 15, 2020
Sole proprietor and home-based business are eligible
- Must have an active Clark County business license
A copy of the business license will be needed. NV State licenses are NOT acceptable by themselves
- Business must have been operating on or before January 1, 2020
The date on your business license will be used to determine operational dates
- Must have an actual financial hardship (financial statements from 2020 will be reviewed)
- Must not have any federal, state or county tax liens
Non-Eligible Businesses:
- Businesses within the cities of Las Vegas, Henderson, North Las Vegas, Mesquite and Boulder City
- Adult-oriented Businesses
- Cannabis-related Businesses
- Massage Parlors
- Liquor Stores
- Bail Bonds
- Check Cashing Facilities
- Payday Loan, Title Loan and other Short-Term Loan Operators
- Convenience Stores
- Non-profit Organizations
- State & Federal Certified Labor Unions
- Uber, Lyft and Third-Party Delivery Drivers
What You Will Need to Complete the Application?
- Copy of Active Clark County Business License: NV State business license is NOT acceptable.
- Number of Employees on Payroll on March 15, 2020: Only count employees that receive a W-2, independent contractors (IRS-1099 recipients) should not be included in the employee count. You can submit IRS-940, IRS-941 or actual employee W-2s to confirm employee count. If you are a sole proprietor with no employees, simply upload a document stating so.
- Hardship Statement: Summary of business operations prior to C0VID-19 and what has happened since. This must show that there has been a financial hardship directly related to COVID-19.
- 2020 Monthly Profit & Loss Statements or Monthly Business Bank Account Statements: Include all statements for Jan. 1, 2020-Nov. 1, 2020
- Date Business was Established
- Amount of COVID Related Grant or Loan Funds Received: PPP, EIDL, EIDL Advance, Clark County Rental Assistance, Nevada PETS, etc. Failure to disclose all funds received may lead to automatic application denial.
- Copy of Photo I.D. for U.S Citizen or Legal Residence Card for non-U.S. Citizen
How To Complete An Application
You can view a video that walks through the online application process step-by step. View Video
When Will Applications Be Accepted?
Applications will be accepted Dec. 1 - Dec. 22, 2020 or until we reach 2000 applications through the online ZoomGrants portal. Applications MUST be submitted through the online ZoomGrants portal. Applications submitted via postal service, hand delivery, courier service, email, fax, text, etc. will not be processed.
What Happens After My Application is Submitted?
You should receive a confirmation email from ZoomGrants once the application has been submitted online. If you have not received a confirmation email check the application status in your ZoomGrants account. Only applications in “submitted” status will be reviewed. Once the application deadline has closed (12/22/2020), applications will be reviewed for eligibility, completeness and prioritization. Please allow 3-4 weeks for this process to occur. Clark County or its grant administrator, National Development Council, may contact you via email if additional information or clarification is needed. Please monitor your SPAM folder as emails from our team sometimes land there from time-to-time.
How Will Grants Be Awarded?
Applications will be scored based on a number of business-related factors such as amount of relief funds already received, length of time in business, whether it is a disadvantaged business, whether the business remained open or closed during the shutdown, etc. Funding priority will be given to businesses that have not participated in and received funds from any other Clark County Small Business COVID relief programs. Next priority will be given to businesses that have received less than $25,000 total in COVID relief funds.
Businesses must meet ALL eligibility requirements and must turn in a completed grant application including ALL supporting documents for the application to be scored and considered.
FUNDING BASED ON AVAILIBILITY. The highest scoring applications will be considered first, other applications will be awarded if funds are available.
Applicants will receive a letter of determination via email. (Check your SPAM folders) Please allow 3-4 weeks after the application submittal deadline for applications to be processed and receive a letter of determination.
What Happens After My Business is Awarded a Grant?
If your grant application is successful, you will be contacted via email by Clark County’s grant administrator, National Development Council, to provide the following information and documents:
- W-9
- ACH Direct Deposit Form
- Grant Agreement
When Can I Expect Funds Once My Application is Approved?
Once Clark County has received all completed and signed documents, we will verify the Tax Identification Number (TIN/EIN) through the IRS. If there are no problems we will take steps to distribute funds. This process can take up to 3-4 weeks. Please be patient. NOTE: This grant will not start funding until after the new year.
Will I Have to Pay Taxes on Grant Awards?
Yes. The receipt of a government grant by a business generally is not excluded from the business' gross income under the Code and therefore is taxable.
https://www.irs.gov/newsroom/cares-act-coronavirus-relief-fund-frequently-asked-questions
Need Help with Profit & Loss Statements, Balance Sheets, etc? Does Your Small Business Have Other Needs?
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The Nevada SBDC at UNLV is honored to be collaborating with the Clark County on their cutting-edge Small Business Support programs.
Through this collaboration, the Nevada SBDC at UNLV is providing counseling to small business, and, specifically, assisting small businesses with their applications to the Small Business Stabilization Grant to ensure the most robust submission is presented.
The Nevada SBDC at UNLV is a resource for small business assistance, providing a unique array of services, expertise, and training in all small business areas including starting, growing, and developing a business. The Nevada SBDC at UNLV also offers information and guidance in understanding and complying with environmental regulations. Further, the Nevada SBDC at UNLV provides useful information and analysis of the economy, environment, and demographic data to help businesses, government, and other organizations promote economic growth in their communities.
To schedule an appointment and learn more about the services provided by the Nevada SBDC at UNLV, please click on the following link https://www.unlv.edu/sbdc or call (702) 895-5019.
APPLICATION SUBMITTAL - How To Video
When you are ready to view and start the application click the "SUBMIT APPLICATION" button below. This will take you to the online portal powered by ZoomGrants. Once on the ZoomGrants web site, you will be required to create a username and password, if you do not already have one. Having a user account will allow you to open and close the application at any time without losing data. Having a user account will also allow you to apply for other Clark County grants without re-entering basic information. All user data is proprietary to Clark County and will never be sold to or used by a third party.
ENSURE YOU MEET ALL ELIGIBILITY REQUIREMENTS
BEFORE MOVING FORWARD
This is not a "first come, first serve" grant. (see HOW WILL GRANTS BE AWARDED above) If you can submit your application during non-peak times please do. Traffic on the ZoomGrants application web site is extremely high and experiencing significant delays at this time. Please be patient or attempt to submit your application at another time.