Shuttered Venue Operator Grant Fund (SVOG)

Shuttered Venue Operator Grant Fund (SVOG)

Mar 25, 2021

UPDATE: April 12 — From the SBA: “The Shuttered Venue Operators Grant application portal remains temporarily suspended through the weekend of April 9 while we work to resolve technical issues. We can confirm we did not accept any applications or distribute any funding. When a reopening date is determined, we’ll provide updates in advance so that applicants have time to prepare.

So many live venues and related businesses have been impacted by this pandemic and we want to ensure relief is delivered as quickly and equitably as possible. We appreciate your patience.

For more information about the Shuttered Venue Operators Grant program, visit sba.gov/svogrant.”

SVOG Program Details — Who can apply & how to apply.

The U.S. Small Business Administration is launching a web page for the Shuttered Venue Operators Grant (SVOG) application portal in anticipation of opening applications for the much-anticipated critical economic relief program on Thursday, April 8, 2021.

The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.

Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.

“Help is here for venue operators hit hard by the COVID-19 pandemic. The SBA has worked diligently to build the Shuttered Venue Operators Grant program from the ground up to assist and address the diverse eligibility requirements of each type of applicant and we will open for applications on April 8,” SBA Administrator Isabella Casillas Guzman said. “The SBA knows these venues are critical to America’s economy and understands how hard they’ve been impacted, as they were among the first to shutter. This vital economic aid will provide a much-needed lifeline for live venues, museums, movie theatres and many more.”

System for Award Management (SAM) Registration is REQUIRED to apply for the Shuttered Venue Operators Grant Program. Learn how to register for SAM.

For more COVID relief information and funding programs, visit CentralOregonSOS.com.

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