Lancaster County Recovery & Sustainability Fund Now Open
The Lancaster Chamber and Economic Development Company of Lancaster County (EDC) have come together to create Recovery Lancaster. The goal of Recovery Lancaster is to help rebuild the small businesses that make up Lancaster County, after having been affected by the COVID-19 pandemic. Free PPE kits for companies of 100 employees or fewer became available last week and today the first phase of a $25 million grant became available. Phase 1 injects $10 million into small Lancaster County businesses for working capital and retrofit needs. The funds may be used for helping entities secure access to funds for working capital including payroll, rent, mortgage, supplies, and other operating expenses needed to help the entity serve or produce goods relevant in today’s economy. It may also be used to help businesses retrofit their facilities to meet public health requirements.
Those businesses who may apply for the Lancaster County Recovery & Sustainability Fund must be based in Lancaster County and have 20 or fewer employees. A full list of requirements need to be considered an eligible applicant can be found here: https://recoverylancaster.com/funding/local-grant-fund/. The fund opened today (Monday 6/15) and will close on Friday 6/19 at 6:59 PM EST. Applications for this funding will be evaluated based on need – it is not a first-come, first-served application process. For a list of items needed to apply, please reference this RecoveryLancaster_ApplicationChecklist.
Also made available are a list of frequently asked questions:
If your business meets these requirements and are interested in the Lancaster County Recovery & Sustainability Fund, please apply for the funding you need to help your business recover and grow. To apply: https://recoverylancaster.com/grant-application/.
If you have questions regarding the fund or any of the other Recovery Lancaster initiatives, please reach out and we’d be happy to help guide you.
Phase 2 of the Small Business Recovery & Sustainability Fund to Open Soon
After Recovery Lancaster‘s first $10 million phase had applicants seeking more than $27 million, it became obvious there’s a significant need in our county’s small business community.
Lancaster County Economic Recovery Plan
EDC and the Lancaster Chamber are leading the Lancaster County Economic Recovery Plan, in which two key components are continuing to advance. This plans includes providing free PPE and an...