KINGSTON, NY (NEWS 10) — Ulster County announced that, in partnership with the Ulster County Legislature and the Ulster County Department of Economic Development, $1,000,000 in American Rescue Plan funding provided to the Ulster County will be awarded to over 25 small and medium-sized businesses setting up a second small business. Assistance program for the region. The small business assistance program, known as the Ulster County Cares II Small Business Assistance Program, released the application on September 30.
Funding comes from a $34 million American Rescue Plan Act (ARPA) award from Ulster County. More than $24 million of ARPA’s total funding has gone to projects across vertices, including infrastructure and trails, housing, government response and COVID-19, mental health and addiction recovery, and community programs and of economic recovery.
Interim County Executive Johanna Contreras says, “In reviewing our CARES I program applications, we learned more about how the pandemic impacted our local small businesses. I’m proud that we’re using our ARPA funds to provide a second round of critical funding for Ulster County’s small business community.”
Formal submissions will be accepted from October 31st to December 11th. The informative webinars will be held via Zoom on October 25 and 27. To be eligible for funding, companies must have 25 employees or less. A wide variety of business expenses will be eligible, including rent, payroll, equipment and fixed assets. The maximum grant per company is $35,000. The application and complete instructions are available at Ulster County website.