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YourHub.com \\ Vero Beach \\ Stories \\ Business \\ General Business

Small Business Grants Available for Fay Recovery

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Contributed by: Jamie Jackson on 10/3/2008

The Agency for Workforce Innovation announced on September 30 that it received approval from the U.S. Department of Labor (USDOL) to begin administering Florida Small Business Recovery Grants that will be administered locally by Workforce Solutions. The Small Business Recovery Grants are designed to help Florida businesses recover from the effects of Tropical Storm Fay.

These grants are available to small businesses that are unable to maintain operations and support their workers' continued employment due to the effects of Tropical Storm Fay. The grants are designed to meet costs for which business insurance and loans are not available, as well as support the long-term recovery and continuity of small businesses through targeted business development training. Businesses in Indian River, Martin, Okeechobee and St. Lucie counties are eligible.

Additional eligibility requirements include a business must have 25 or fewer employees, an established unemployment compensation account, be in existence at least 12 months prior to the natural disaster, and have one or more employees unable to work as a result of Tropical Storm Fay.

Allowable costs include deductible/co-payment for business insurance related to the disaster, replacement of damaged business equipment such as a computer or telephone network, replacement and repair of items such as carpeting, fencing, windows; or cost of training designed to help develop a business recovery and continuity plan.

Funding cannot be used to pay for costs covered by the Federal Emergency Management Agency (FEMA) or business insurance.

To apply for a Florida Small Business Recovery Grant, contact Glenda Matesic at 772-335-3030, ext. *827, cell 772-713-7741, gmatesic@tcjobs.org. Applications and guidelines are available on line at www.tcjobs.org/FBRgrant.htm.

Other Agency for Workforce Innovation disaster recovery programs include a National Emergency Grant and Disaster Unemployment Assistance.

The National Emergency Grant, administered in Indian River, Martin, Okeechobee and St. Lucie counties by Workforce Solutions, is designed to create temporary jobs to help with clean-up activities and provide local humanitarian assistance to those affected by Tropical Storm Fay. Call 866 482-4773 (toll-free) for more information.

Disaster Unemployment Assistance (DUA) is a federally funded program that assists individuals who become unemployed as a direct result of a declared disaster and who do not qualify for regular unemployment benefits - available to residents in Martin, Okeechobee, and St. Lucie counties. For more information visit http://www.floridajobs.org/publications/news_rel/09022008_DUAfiling.htm.

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