5 Things to Know about the Shuttered Venue Operators Grant
The information below comes directly from the Small Business Administration (SBA). Read more to prepare for the Shuttered Venue Operators Grant application release.
1. The SBA will begin accepting Shuttered Venue Operators Grant applications on April 8.
The SBA has launched a splash page for the Shuttered Venue Operators Grant application portal in anticipation of opening grant applications for the critical economic relief program on Thursday, April 8.
2. Register for the national Shuttered Venues Operators Grant webinar on March 30; submit questions by March 29.
Prior to the Shuttered Venue Operators Grant applications opening on April 8, the SBA will host a national informational webinar to highlight the application process for potential eligible entities from 2:30 to 4 p.m. ET on Tuesday, March 30. Potential applicants can suggest topics they’d like to see covered via e-mail to SVOGrant@sba.gov by 12 p.m. ET on Monday, March 29. The SBA will make every effort to address the question categories on the webinar and future FAQs, but cannot provide specific, individual answers.
3. You can now receive both a PPP loan and an Shuttered Venue Operators Grant.
To ensure eligible venues do not miss a window to receive assistance through the Paycheck Protection Program, the American Rescue Plan Act amended the Shuttered Venue Operators Grant program so entities that apply for a PPP loan after Dec. 27, 2020 can also apply for the grant, with the eligible entity’s grant to be reduced by the PPP loan amount. The PPP loan applications have been updated to reflect this change. However, under the law, entities will be ineligible for a PPP loan after they receive a Shuttered Venue Operators Grant.
4. Get prepared with these multiple tools.
The SBA has created several tools and resources to help potential Shuttered Venue Operators Grant applicants prepare, including:
- Regularly updated Frequently Asked Questions (FAQs)
- Video tutorials, including how to register on the System for Award Management (SAM.gov), a federal requirement to receive an SVOG
- A Preliminary Application Checklist to help you gather documents and other information that may be needed
- An Eligibility Requirements Chart to help determine qualifications
5. Tap local SBA partners for technical assistance.
The SBA Resource Partner Network provides advising and counseling services to help organizations prepare for funding opportunities like the SVOG, PPP and other business recovery needs.