COVID-19 Business Grants

COVID-19 Business Grants

Applications for small business relief funds are now open

Click here to apply

Timeline:

  • Applications open: Friday, Oct 16, 9 am
  • Applications close: Friday, Oct 30, 5 pm
  • Applicants notified: Monday, Nov 16th
  • Funds disbursed: starting mid-November

Use our FAQ Page to view answers to common questions! 

On July 22, Portland City Council approved a plan to distribute $114 million in federal CARES Act (Coronavirus Aid, Relief and Economic Security) relief to the community. City Council allocated $3 million to be awarded as block grants to community nonprofits targeting hard-to-reach entrepreneurs; NAYA, in partnership with the Oregon Native American Chamber, was selected as a block grant recipient to disburse a portion of these funds. NAYA will lean on our network of Native American business owners and our foundation of economic development and business support in the Cully neighborhood through the Cully Blvd Alliance and Our 42nd Avenue as we work to disburse these funds. As a block grant partner, distribution of NAYA’s awarded funds will be grounded in our equity framework and will be guided by the knowledge that Native entrepreneurs and other business owners of color have experienced disproportionate impacts from the COVID-19 pandemic and therefore require robust support. These funds will serve applicants across multiple demographic categories; all small businesses that meet the eligibility requirements will be considered.

Eligibility requirements

  • Experienced a decline in revenue since February 1, 2020
  • Primary source of income for business owner(s) (unless organization is an eligible nonprofit)
  • $5 million or less in annual gross revenue
  • 50 or fewer employees
  • In operation and in compliance with the State of Oregon registration requirements on or prior to December 31, 2019. (Sole proprietors or a general partnership operating under the owner’s name are not required to register with the State of Oregon).
  • If nonprofit, must either be a social enterprise (meaning for the purposes of these guidelines that 90% or more of its activities are funded by payment for goods or services provided by the organization) or an organization whose primary activity is the provision of childcare
  • The CARES Act requires that the payments from the Coronavirus Relief Fund be used only to cover expenses that were incurred during the period that begins on March 1, 2020 and ends on December 30, 2020.

Grant priorities

  • Businesses that have experienced a decline in revenue as a result of COVID-19
  • Businesses owned by Native entrepreneurs, other communities of color, female entrepreneurs, or individuals whose business is located in the Cully neighborhood.
  • Organizations for which resources will help them remain operational
    Use of funds focused on helping operations shift, pivot, or adapt to the new COVID-19 environment

Selection and distribution process

NAYA will use established and vetted criteria, modeled alongside Prosper Portland’s Small Business Relief Fund, to rank qualified applications in order of priority. The selection committee includes representatives from NAYA’s Microenterprise Program, the Oregon Native American Chamber, Our 42nd Avenue, and Cully Blvd Alliance.

Other terms

Resources from grant funds may not be used for personal uses or those prohibited by federal (except legal cannabis), state, or local law or regulation.

APPLY HERE

Use our FAQ Page to view answers to common questions!