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The original item was published from 6/24/2020 5:39:58 PM to 6/26/2020 12:05:02 PM.

News Flash

Township News

Posted on: June 24, 2020

[ARCHIVED] Restore Chester County Webinar Series Resumes 6/26 at 9AM

62620 Restore Chester County Graphic

The Chester County COVID-19 Business Task Force, in partnership with Chester County Economic Development Council (CCEDC) and Community First Fund, will host a webinar in the Restore Chester County Series on Friday, June 26 at 9:00am.This webinar will focus on accessing the $225 Million Grant Program for Small Businesses Impacted by COVID-19.

The recently announced funding from the Commonwealth will be allocated to three main areas:

$100 million for the Main Street Business Revitalization Program for small businesses that lost money due to the governor’s March 19 order that closed most firms or had to spend to alter their operations.
$100 million for the Historically Disadvantaged Business Revitalization Program for small businesses owned by “socially and economically disadvantaged individuals.”
$25 million for the Loan Payment Deferment and Loss Reserve Program, to allow the community-development lenders to give businesses hit hard by the virus more time or money to pay debts. Some money would go to help the community lenders themselves to cover loan losses.

The webinar is free and will be hosted by Chester County Commissioners Marian Moskowitz and Michelle Kichline and is presented by the Chester County Economic Development Council.

All interested in attending can join the webinar on Friday, June 26 at 9:00 AM, by clicking here.

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