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Idaho Rebound cash grants extended to the self employed

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Posted at 2:06 PM, May 18, 2020
and last updated 2020-05-18 23:47:32-04

BOISE, Idaho — Governor Little's Coronavirus Financial Advisory Committee approved an expansion Friday of the Idaho Rebound cash grants program. Self-employed individuals economically impacted by the novel coronavirus may now be eligible to receive up to $7,500 in cash support.

“Idaho made $300 million available in cash support to small businesses – more than any other state,” Governor Little said. “Expanding this resource to self-employed business owners should help them get back on their feet and relieve some of the financial loss brought about by this unexpected and unwelcome virus. I appreciate Idaho workers and businesses for their determination during these uncertain times, and for their dedication in reinforcing consumer and employee confidence by operating safely.”

Businesses with 19 or fewer employees could begin applying for the cash grants on May 11. Right now, over 2,600 applications have been approved or issued, equaling around $26 million in grant funding.

More information on how the funds are distributed can be found on the Transparent Idaho website. Applications for the self-employed will start on May 27. Applicants need to create a Taxpayer Access Point account and it is recommended to do that before the application phase opens.

For more information on how to apply for the cash grants, click here.