Public Announcements

 

Arkansas Ready for Business Grant Program Accepting Applications Starting May 5 at 8 a.m.

The Arkansas Ready for Business Grant Program will accept applications Tuesday, May 5, and Wednesday, May 6.

The program will provide direct grants to businesses for expenses associated with ensuring the health and safety of employees and patrons. The program will utilize federal funds provided to the State of Arkansas through the CARES Act.

An overview is provided below. See more details here.

Eligible expenditures include:

  • Personal Protective Equipment (PPE);

  • No-contact thermometers for employees and customers;

  • No-contact Point of Sale (POS) payment equipment;

  • Supplies and disinfectants;

  • Expenses associated with hiring a third party to perform periodic deep cleaning services;

  • Hand sanitizer stations;

  • Restocking of necessary supplies/raw materials;

  • Expenses associated with re-configuring business to meet recommended health and safety guidelines;

  • Signage;

  • Marketing; and

  • One-time expenses associated with reopening or resuming normal operations.

Program guidelines:

  • Eligible businesses include corporations, partnerships, sole proprietorships, LLCs, joint ventures, and nonprofits (government-owned entities are not eligible).

  • All industry sectors are eligible.

  • Business must have a Certificate of Good Standing with the Arkansas Secretary of State’s Office (if a sole proprietor, a business license or sales tax permit is required).

  • Business and owners must NOT be delinquent on any Arkansas tax.

  • Businesses must either have A) customers and/or employees physically coming to their business premises or B) must conduct business on customer premises.

When submitting an application, you will need: 

  • Driver’s License of authorized business representative

  • Signed W-9

  • Certificate of Good Standing from Arkansas Secretary of State

  • Business License or Sales Tax Permit for sole proprietors

AEDC will accept applications from 8 a.m. to 6 p.m. on Tuesday, May 5, and from 8 a.m. to 6 p.m. on Wednesday, May 6.

To apply for the Arkansas Ready for Business Grant Program, click here.