The City of Toledo has established the Emergency Microenterprise Recovery Grant (“EMRG”) to aid in the economic recovery of microenterprises negatively impacted by the Covid-19 Emergency. Microenterprises, the smallest businesses in our city, contribute to the vitality of our neighborhoods, support families, create jobs and are essential to the economic health of Toledo.
EMRG is a grant program designed to assist for-profit microenterprises to maintain or restart operations and retain jobs by providing up to $5,000 for eligible operating expenses incurred between March 1, 2020 and June 30, 2020. Applicants will submit documentation for eligible operating expenses as defined below.
The EMRG program is funded with Federal Community Development Block Grant (“CDBG”) disaster relief funds. Therefore, grant funds are subject to federal requirements as incorporated throughout this document. EMRG is a one-time program that will terminate once grant funds are disbursed.
Applications will be processed in the order they are received and grants will be awarded to eligible applicants who have provided all required documentation, until all remaining funds have been awarded.
Grant funds will be disbursed by ACH direct deposit into a successful applicant’s business bank account. Grant recipients are required to complete an informational survey both prior to and after funding.