Lebanon, Ind. – The Boone County Economic Development Corporation (Boone EDC) announces resources for local businesses impacted by COVID-19. The Boone EDC has created the Small Business Economic Relief Fund and launched a centralized hub on its website as a county-wide resource for businesses.
The Boone County Small Business Economic Relief Fund is a three-part program for Boone County small businesses impacted by COVID-19 that not only offers financial relief but also business support. The relief fund is financially supported by the Boone EDC, MonoSol, and Allman Johnson CPAs.
Private, existing Boone County small businesses affected by the COVID-19 economic downturn can apply for a $5,000 loan for any working or non-working capital expenditures. To apply, the small business must be established for at least two years and employ fewer than 30 employees.
“Our goal is to help Boone County businesses and our communities weather these difficult circumstances,” said Executive Director Molly Whitehead. “The creation of this fund allows us to show continued support for the small businesses that are crucial to our local economy.”
The relief fund will also connect selected businesses with advocacy support by providing small business marketing campaigns and one-on-one business plan guidance and support.
To learn more about the Small Business Economic Relief Fund visit www.betterinboone.org/sberf. Other companies wishing to invest in the Small Business Economic Relief Fund should contact Boone EDC Executive Director Molly Whitehead at firstname.lastname@example.org.
In an effort to build stronger communities together, the Boone EDC has also created a centralized resource hub for all Boone County businesses. Located at www.betterinboone.org/localresources, this page will feature resources from local, state, and national sources in regards to business relief, workforce challenges, community social service opportunities, and more.
About the Boone County Economic Development Corporation
A strong community is a united community, one that achieves balance between its residents and businesses. At the Boone County Economic Development Corporation, we seek the right economic opportunities to support strong communities and enhance the quality of life for all Boone County residents. We aim to be a catalyst for smart growth strategies. We forge mutually beneficial partnerships with organizations capable of understanding and further enriching the unique assets that the residents of Boone County have built. For more information, visit www.betterinboone.org.