SMALL BUSINESS RESILIENCE AND RETENTION PACKAGE

HELPING SMALL BUSINESS IN A BIG WAY

In response to the drastic change in the business environment stemming from the pandemic, the City of St. Petersburg has developed a new non-profit and small business incentive package in support of the sustained success of St. Pete’s health, local economy, and cultural landscape. Through this $2,536,000 funding package, the City’s goal is to provide general economic stimulus and ongoing support to businesses overcoming the longstanding impacts of COVID-19 with an emphasis on business retention and resiliency efforts.

An organization or entity is eligible to apply for only one of the following Resilience and Retention programs. The programs will be rolled out in a phased schedule, please see the individual section for key information, important dates, and application requirements. Applications will be reviewed on a first come, first complete basis. 

Program guidelines and access to applications will be available and continued to be updated on this page or also located at stpete.org/resilience-retention

GRANT PROGRAMS

TIMELINE:

  • Program Details and Technical Support Launch: 7/21/2021
  • Application Launch: 8/4/2021, 8 AM until funds exhausted

FUNDING LEVELS:

Non-profit 501(c)(3) or 501(c)(6) organizations are eligible to receive up to $10,000 in funding, based on meeting the criteria for any or all of the following three grant components (note that the grant components are cumulative): 

  1. Early Assistance Component: $5,000 for COVID-19 related response and business assistance, retroactive from March 17, 2020; and/or
  2. Loss of Revenue Component: $2,500 for loss of organization revenue (memberships, sponsorships, etc.) due to COVID-19; and/or
  3. Current and Future Assistance Component: $2,500 to support new assistance, programs, services or support being launched to assist businesses between May 1, 2021 and December 31, 2021.

SUMMARY:

The Business Support Organizations Program provides a one-time grant to non-profit business support organizations that:
(i) have provided COVID-19 related support, outreach, or other services to small businesses in the city during the pandemic, and/or
(ii) have had a decrease of revenue during the pandemic, and/or who
(iii) will start or continue to provide technical assistance, information, activities, materials, and other resources to help small, local businesses stay competitive through the end of 2021. Business support organizations are nonprofits that have a primary mission of, and spend a majority of their staff time, budget, and resources to provide assistance, programs, and resources to small local business.

Organization Eligibility Criteria

  • Must be a non-profit 501(c)(3) or 501(c)(6) 
  • Organizations must provide evidence that majority control of the organization is based in St. Petersburg and that the organization is registered with or received an exemption letter from the City of St. Petersburg Business Tax Division.
  • The organization is based in the municipal boundaries of St. Petersburg.
  • The organization’s primary service area is within St. Petersburg.
  • A majority of the organization’s clients are located within St. Petersburg.
  • In order to receive the Loss of Revenue Component, the organization must have had a loss of $2,500 or more between 2019 and 2020 financial reporting years as demonstrated by the reported revenue on forms 990 from 2019 and 2020.  Any federal pandemic relief funds received in 2020 may be excluded in calculating revenue for the purposes of eligibility for this grant. 
  • The organization must have been established by January 1, 2019 to be eligible for the Loss of Revenue component..
  • The organization must have been established by January 1, 2021 to be eligible for any component of this grant. 

Each organization meeting the above criteria must not meet any of the following disqualifying criteria described below:   

Disqualifying Criteria  

  • Organization has current unpaid code enforcement liens
  • Organization has current unpaid special assessment liens
  • An owner, officer, partner, or principal actor of the organization received a felony conviction for financial mismanagement within the last two years for which he or she is still serving a sentence (including prison, parole, and probation)
  • Organization is a party to a pending foreclosure
  • Organization has submitted an application for another Resiliency & Retention grant that is either pending or approved.

Required Documents

  1. Copy of “active” organization’s registration from Florida Division of Corporations.  Source: sunbiz.org
  1. Copy of Applicant’s Driver’s License or State ID 
  1. If applying for the Loss of Revenue Component, provide the following Business Financials:
    1. 2019 Return of Organization Free from Income Tax (Form 990)
    2. 2020 Return of Organization Free from Income Tax (Form 990) —
      NOTE: If 2020 Form 990 return is unavailable, the following alternative documents may be accepted:
      1. 2019 and 2020 Profit and Loss Statements. &
      2. Receipt from IRS of Extension of Time To File an Exempt Organization Return (Form 8868)

        Please note, an alternative document will delay the review of a complete application. Any other alternative document for consideration may not be reviewed in the order as received and may not be accepted.

  1. Current St. Petersburg Business Tax Receipt
    1. An active business tax certificate from the City of St. Petersburg is required to receive funding through the Resilience and Retention program. If approved, this certificate must be active. If you need to file for or renew your certificate, please visit stpete.org/businesstax. The City will hold your application for 10 business days until the receipt is secured and verified by City Staff. 
    2. If your organization is exempt from the business tax certificate requirement, attach a copy of your verified Exemption Letter from our Business Tax Division as your application will not be considered without proof of exemption. 
  2. If applying for the Early Assistance Component, provide a detailed summary of your organization’s COVID-19 related response with business assistance starting from March 17, 2020.  Please include data such as businesses assisted.
  3. If applying for theLoss of Revenue Component, provide a detailed accounting of loss of organization revenue (memberships, sponsorships, etc.) due to COVID-19 from 2019 to 2020. 
  1. If applying for the Current and Future Assistance Component, provide a detailed summary of how your organization will providenew assistance, programs, services and/or support to businesses between May 1, 2021 and December 31, 2021. 

Staff will review complete applications in the order they are received. A “complete application” is one that includes all required information, answers to all questions posed, and all required attachments.  Incomplete or facially deficient applications will not be reviewed in the order they are received. The applicant will be notified and asked to make necessary corrections by providing missing information or attaching requested documentation in the application portal.   The applicant will have 10 business days from the date of notification to provide missing information or requested documentation to correct an incomplete application or it will be rejected.  Award will be contingent on availability of funds at the time of the review of a corrected application. 

FREQUENTLY ASKED QUESTIONS

TIMELINE:

  • Program Details and Technical Support Launch: 7/21/2021 
  • Application Launch: 8/4/2021, 8 AM until funds exhausted

FUNDING LEVELS:

Non-profit event host organization grant program offers a maximum of $20,000 available to each eligible organizations. Each organization is only eligible to receive one grant from the Resilience and Retention grant package. 

TIMELINE:

  • Program Details and Technical Support Launch: 8/4/2021 
  • Application Launch – 8/18/2021 until funds exhausted

FUNDING LEVEL:

$10,000 available for eligible small businesses or organizations that operate out of a physical brick and mortar or food truck location and established within the City of St. Petersburg municipal boundaries. 

SUMMARY:

The Small Business Retention and Restoration Microfund Program is part of St. Petersburg’s continued efforts to meet the existing and future COVID-19-related needs of the small and local businesses community. The fund will provide much-needed capital to assist identified eligible small businesses with a $10,000 grant to reimburse pandemic-related business expenses, retroactively, from March 17, 2020, to June 29, 2021, and/or to cover future expected costs that contribute to the business’ overall retention and restoration efforts

TIMELINE:

  • Program Details and Technical Support Launch 8/18/2021 
  • Application Launch – 9/1/2021, 8 AM until funds exhausted
FUNDING LEVELS:
The Arts and Culture Business and Performance program offers a maximum of $15,000 available to each eligible entity or individual. Each applicant is only eligible to receive one grant from the Resilience and Retention package. 
  1. Brick & Mortar Businesses, including charitable non-profit 501c3 organizations, are eligible to apply for one $10,000 grant under this program if they occupy a commercial space in the City, and they meet the applicable eligibility criteria for their specific business type.
  2. Artists & Performers are eligible to apply for one $2,500 grant under this program if they are an individual performing artist, and/or a home-based arts business if primary source of income is arts related (not intended for hobbyists) located within the City of St. Petersburg, and they meet applicable eligibility criteria for their specific business type.
  3. Cultural Venues, up to Medium Size, including charitable non-profit 501c3 organizations, are eligible to apply for one $15,000 grant under this program if they occupy a commercial space in the City, and they meet the applicable eligibility criteria for their specific business type.
SUMMARY:
The Arts and Culture Business and Performance Program provides support to St. Petersburg’s scores of independent galleries, a successful, close-knit community of working artists and craftspeople, and a stellar performing arts community.

PREPARE TO APPLY

Complete program guidelines and eligibility criteria will be announced for each individual program listed abouve on the following dates:

  1. Business Support Organizations Program: 7/21/2021 
  2. Event Host Organizations Program: 7/21/2021  
  3. The Small Business Retention and Restoration Microfund Program: 8/4/2021 
  4. Arts and Culture Business and Performance Program:  8/18/2021 
 

TECHNICAL ASISTANCE
Funding for the Retention and Resilience package includes dedicated assistance for all interested applicants – The Greenhouse’s Small Business Navigators are here to help.  As assistance windows differ pending the program, details on assistance will be included within each section above. Navigators can help your business prepare required documents. Learn more about Greenhouse Navigators at www.stpetegreenhouse.com/navigation

OPEN OFFICE HOURS
Tuesdays: 4 -5 p.m.
Thursdays: 12 – 1 p.m.

City staff will be available to answer your questions regarding the upcoming Resilience and Retention Funding Package programs: guidelines, eligibility, technical assistance, etc. Interested applicants may log into the virtual office at any time during these hours to receive 1-1 support.

Virtual link: https://zoom.us/j/96641051744
Call-in option: +16468769923,,96641051744#

 

Contact: resilience@stpetegreenhouse.com
Phone: (727)893-7146
Office hours: To be announced with each program launch

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