During the COVID-19 Pandemic, many local businesses are struggling. The City of Bessemer City along with the Bessemer City Area Chamber of Commerce, and Bessemer City Downtown Development encourages citizens to continue to support local business and restaurants while practicing social distancing guidelines provided by the Centers for Disease Control (CDC).
RETOOLNC– The Purpose of RETOOLNC is to help address the challenges that certified NC HUBs and Disadvantaged Business Enterprise (DBE) firms are facing as they to recover from the pandemic. It is clear the economic recovery is going to be a marathon, not a sprint, and this put great pressure on historically small underutilized businesses to make costly, unexpected adjustments to their business. Funded at $12 Million, the HUB Small Business Impact Grant (RETOOLNC) will be administered by the Office for Historically Underutilized Businesses (HUB Office) in partnership with the Carolina Small Business Development Fund (CSBDF) and the North Carolina Institute for Minority Economic Development (the Institute). Watch the video annoucement and learn more about RETOOLNC.
Mortgage, Utility, and Rent Relief (MURR) Program– MURR Program assistance is based on four months of rent or mortgage interest and utility costs at an eligible North Carolina business location during the April – August 2020 time period. The business must have paid these costs in order to receive relief payments from our program, and you’ll be required to show evidence that these payments were in fact made.
The relief amount must not exceed $20,000 per business location, with a limit of up to two business locations per applicant (for a maximum of $40,000 per business).
The total amount of relief funding available for the MURR Program is $40 million. The applications are first come, first served and it is highly likely that some applications will not receive any relief.
For additional assistance, contact the City at (704) 729-6505 or email@example.com.