Town of Stonington issued the following announcement on March 17.
Stonington is delighted to have the opportunity to partner with the Ocean Community Chamber of Commerce to offer this opportunity for a one-time allocation of funds to help small businesses and nonprofits in our community. The program is funded with $62,000 of the Town of Stonington’s American Rescue Plan Act (ARPA) allocation of funds and is intended to support investments that help our local economy continue to address COVID-19 impact and recovery.
Our small business and nonprofit community are such a big part of what makes Stonington so special. This was only highlighted more throughout the pandemic. While we wish this allocation of funds could be larger, we are so grateful for the opportunity to give something back, given how much these businesses and nonprofits have given to our community.
The program was the result of a proposal made by the Ocean Community Chamber of Commerce during our community input process surrounding the ARPA allocation of funding for Stonington. The OCCC is partnering with the Town of Stonington by providing administrative services and serving as fiduciary agent.
There are two types of funding available: grants for projects that include physical improvements to property, or COVID-related reimbursement funding (i.e., expenses linked to closures or PPE). Grants require a 100% match by the applicant.
The Deadline to Apply is March 31, 2022. If the program is not oversubscribed during this first round, a second round will open up with a May 1 deadline.
To read more about this program, as well as download the application form, please visit our dedicated page found here.
Thanks are due to the Board of Selectmen, Board of Finance, Ocean Community Chamber of Commerce and voters who engaged in our ARPA funding process for making this opportunity possible.
Original source can be found here.
