3

Max score = 100 points 

1. Capacity: At what capacity has your business been operating since March 16, 2020? (max 20 points available)

  1. Completely shut down and still closed – 20 points
  2. Shut down (reopened at limited capacity) – 12 points
  3. Shut down (reopened to normal capacity) –8 points
  4. Remained open (limited capacity) – 4 points
  5. Remained open (normal capacity) – 0 points

2. Employees: How many full and part time employees did you have in 2020? (max 30 points available):

  1. Between 1-20 – 30 points
  2. Between 21-40 – 20 points
  3. Between 41-60 – 10 points
  4. Between 61-80 – 5 points
  5. Over 80 – 0 points

3. Revenue lost: Roughly what percentage of revenue has your business lost over the last six months compared to the same time in 2019? (max 20 points available)

  1. 76-100% - 20 points
  2. 51-75% - 12 points
  3. 26-50% - 8 points
  4. Less than 25% - 4 point

4. Jobs: Roughly what percentage of jobs will be retained or created in the next year? (max 30 points available)

  1. 76% or more – 30 points
  2. 51% -75% – 20 points
  3. 50% - 25% – 10 points
  4. 24% or less– 5 points

Economic Development team will verify business eligibility based on self-reported data submitted in the application for the eligibility criteria set forth in the program guidelines.

Staff will review eligible applications based upon 4 criteria.

  • Capacity
  • Number of Employees in 2020
  • Revenue Lost
  • Jobs retained or created 

Grant amounts will be determined based on a business’s overall score rank in relation to all applications received as well as the number of applications received.  

 Final grant amounts will not exceed a business’s financial need as determined using the following factors:

  • Operating expenses for the next 90 days
  • Projected revenue for the next 90 days