BOISE, Idaho — Governor Brad Little announced the full eligibility criteria and process for small businesses to apply for an Idaho Rebound cash grant. Little announced in a press conference last week that $300 million in cash grants will be made available to Idaho small businesses affected by COVID-19.
No other state in the country is putting up more money in direct cash support for small businesses. Over 30,000 small businesses could benefit from grants of up to $10,000, which would be deposited into the businesses bank account.
The Governor’s Coronavirus Financial Advisory Committee finalized the eligibility criteria and related details.
Applications will be handled in two waves:
- Eligible entities with one to 19 employees may apply starting at noon MDT on May 11 through noon MDT on May 15
- Eligible entities with one to 50 employees may apply starting at noon MDT on May 18 through noon MDT on May 22
All applicants must first establish a secure Taxpayer Access Point (TAP) account if they do not already have one, in order to protect their personal and business information on submitted applications. More information on the criteria, how to apply and instructions on getting a TAP account can be found here.
Grant recipients will be shared at Transparent.Idaho.Gov when information is available.