FOR IMMEDIATE RELEASE
News Release | Overland Park, Kansas Announces Three Grant Programs for Small Businesses Funded by the American Rescue Plan Act
Community Capital Fund to administer grant for City
May 26, 2022, Overland Park, Kan. – The City of Overland Park announces today three grant programs for the Overland Park small business community.
The grant programs, designed with help by Community Capital Fund (CCF) of Kansas City, Missouri, utilized information gathered during a robust community engagement process to ensure that they were tailored to current business needs related to the ongoing COVID-19 pandemic. The grant programs are funded through the federal American Rescue Plan Act (ARPA).
The City of Overland Park has allocated $3 million to this program. Applications will be accepted until June 30, 2022, and special consideration will be given to businesses that provide goods or services to low-to-moderate income residents and registered minority-owned, woman-owned, or disadvantaged-owned enterprises. “Overland Park small businesses are a driving force behind our community’s strong neighborhoods, infrastructure, and of course, economic growth,” said Mayor Curt Skoog. “Using this federal funding to support these businesses is key to Overland Park’s continued success through the pandemic.“ Individual funds will provide grant access to a variety of business types in Overland Park. For more information, please visit www.ccfkansascity.org/opks-arpa.
- The Impacted Industries Fund will offer grants up to $50,000 to businesses operating in industries that experienced employee loss during the pandemic. Those industries include utilities, management of companies, information, education services, mining, quarrying, oil and gas extraction, accommodation and food services, and creative industries. To apply, businesses must have fewer than 250 full-time equivalent employees and less than $2 million of revenue.
- The Small Business Rescue Fund will offer awards of up to $50,000 to for-profit, non-profits, home-based and internet-based businesses located in Overland Park. The funds can be used for payroll, off-setting economic losses, childcare support for employees, business improvement needs, and training and hiring needs. To apply, businesses must have fewer than 250 full-time equivalent employees and less than $2 million of revenue.
- The Hotel Fund will be specifically for locally owned hotels operating in Overland Park. This fund was created after the city received feedback about the unique, ongoing challenges of the hotel industry. This fund will award up to $50,000 to offset this economic hardship.
“As the pandemic has evolved, so have the issues facing Overland Park’s small business community. Community Capital Fund is proud to continue our support of the City of Overland Park and their desire to get these dollars into the hands of local business owners,” said Phyllis Hardwick, Executive Director of the Community Capital Fund.
The fund opens Monday, May 30, and applications will be available online or in fillable PDF that may be emailed for submission. If translation services, technical assistance or a printable form is needed please email email@example.com.
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