City of Apple Valley / Economic Development Authority (EDA)
Small Business Assistance Grant
The City of Apple Valley recognizes that many businesses have been impacted by COVID-19. To assist businesses, the City of Apple Valley has allocated $400,000 in funding for small business grants up to $10,000 from the City's CARES Act allocation. The program focuses on funding physical improvements made by businesses to remain agile and adaptive during this time.
A business may apply for a one-time grant award not to exceed $10,000. The applicant may only be reimbursed for a cost directly caused by COVID-19. Applicants may request funding at any amount between $500 -$10,000, based on demonstrated costs. Requests shall be in whole numbers to the nearest $100.00. Only one application per business is allowed to be submitted.
Applications open on-line on Friday, August 21. Applications close end of day, Monday, August 31. Applications will be reviewed September 1- September 9. Notification of Award and requests for additional information follow on and after September 10. The City and EDA retain the authority and discretion to approve or deny an application. It reserves the right to subsequently add further priorities, change eligibility criteria, or discontinue the program in response to changing circumstances, particularly if funding remains available after initial awards.
Please carefully review all program requirements below
Eligible expenses must be:
- Incurred at the Apple Valley business location – Improvements and PPE are required to be made in/at Apple Valley businesses. Businesses are not required to utilize Apple Valley contractors, suppliers, or materials
- Incurred as a direct result of COVID-19 (not a planned or budgeted expense) and the applicant must provide an explanation of why the expense is COVID-19 related and will certify that the expense was not a pre-budgeted expense
- Substantiated with receipts or other documentation
Applicant businesses must:
- Be located in the City of Apple Valley
- Have a physical location in a Commercial, Industrial, or Institutional zoning district
- Have 50 or fewer full-time employees (also known as full-time equivalents or FTE)
The following businesses are ineligible for the Apple Valley Small Business Assistance Grant Program.
- Businesses not located in Apple Valley
- Businesses that have revenues which exceeded $1.5 million in 2019
- Non-profit organizations which are not 501C 3 or veterans organizations
- Home-based businesses; those without a physical location established in the allowed land use districts (Commercial, Industrial, Institutional)
- Businesses who are not making physical, PPE, or other improvements to their Apple Valley location.
- A direct benefit for the Apple Valley location of a business must be established.
- An applicant narrative will allow for additional explanation.
- Financial institutions
- Publicly traded companies
- Businesses that derive income from passive investments; real estate transactions (except that realtors and other realty related businesses are not categorically excluded); property rentals or property management; billboards; or lobbying
What are Eligible Expenditures?
The Apple Valley program is prioritizing physical improvements to a business property. Examples of eligible expenditures are below.
- Building improvements,
- Equipment and furnishings
- Personal protective equipment (PPE), physical barriers, pandemic safety additions
- Sanitizing supplies
- Employee training
- Transition to online sales, e-commerce, digital enhancements, servers, equipment, website
- Supplies needed to restart operations
All grant recipients shall be required to indemnify the City of Apple Valley, Economic Development Authority, and any officers acting on their behalf.