Burrillville Small Business Recovery Grant

Small Business Recovery Grant

The Burrillville Town Council recognizes that the majority of Burrillville residents are employed by small businesses and small businesses are vital to the wellbeing of the town. These businesses operate in a wide range of sectors, town officials believe that the vast majority of local businesses have been impacted by the economic consequences of the COVID-19 public health emergency.

The Town Council has approved the use of a portion of the proceeds from the ARPA (American Rescue Plan Act) funding to support a local business grant program which will assist the local economy in regaining its pre-pandemic strength. The Town Council has directed the Town Manager to allocate $250,000 to the establishment of a one-time grant program from which awards will be made directly to beneficiaries as described below.

ARPA Small Business Recovery Grant Purpose: The Town of Burrillville ARPA Small Business Recovery Grant Program is intended to respond to the negative economic impacts of the COVID-19 public health emergency, focusing on the identified needs and impacts faced by small businesses.

The grants are designed to help small businesses keep their doors open, protect local jobs threatened by the COVID-19 pandemic, support community recovery, and increase the resiliency of local businesses in our community. Through the program, eligible small businesses operating in the Town of Burrillville have the opportunity to apply for cash assistance to help mitigate the impacts of revenue reductions associated with COVID-19. The Town anticipates awarding eligible small businesses with a one-time grant of up to $10,000 commensurate with the fiscal impact to their business, based on justifiable need and business resiliency. Any business meeting the eligibility criteria is encouraged to apply.

Eligibility Criteria: The following three requirements must be met to be considered for a grant from the town:

  1. The business applicant must be headquartered in Burrillville as evidence by registration with the Rhode Island Secretary of State on July 1, 2022.
  2. The business applicant must be listed in the Burrillville Business Directory. If not already, then one can register on the Burrillville Town website at: Burrillville.org
  3. Grants will be awarded according to the negative economic impacts suffered (gross revenue loss) and the size of the business.

Award Types: If a business meets the requirements above, funding will be awarded based on the following:

  • Small businesses are classified as follows:
    • Class A - Annual revenue of less than $1M
    • Class B  - Annual revenue of between $1M and $5M
    • Class C  - Annual revenue of more than $5M
  • Grant award amounts:
    • To Class A businesses – up to 100% of demonstrated gross revenue loss, but not to exceed $2,500.
    • To Class B businesses – up to 75% of demonstrated gross revenue loss, but not to exceed $5,000.
    • To Class C businesses – up to 50% of demonstrated gross revenue loss, but not to exceed $10,000.

Application Procedure:

  • Applications can be downloaded from the town website at: burrillville.org. Click here to complete and print the application.
  • Completed Applications can be emailed or hand delivered to Town Clerks Office at Town Hall or Planning Office at Town Hall Annex. Email: Planning@burrillville.org
  • Evidence of actual business loss shall be required by all applicants. Such evidence shall be in the form of a self-attestation affirmatively declaring that the business suffered a loss of income due to the pandemic. The owner of the business shall declare the amount of the loss suffered and must agree to share copies of federal tax year 2019 (base year) and 2020 OR 2021 (comparison year) if requested by the Town.
  • Application period from November 15, 2022 until May 1, 2023.  (6 months)
  • Applications will be reviewed after the application period has ended.
  • Class A applications will be reviewed, first and grants will be distributed to all that qualify.
  • If funds remain after all Class A grants have been awarded, Class B applications will be reviewed, and grants will be distributed to Class B businesses that qualify.
  • If funds remain after all Class A and B grants have been awarded, then Class C applications will be reviewed, and grants will be made to those businesses that qualify.
  • If there are insufficient funds to make allocations to all members of an application class, the grant awards to businesses in that class shall be reduced pro rata and no further grants shall be made, unless the Town Council allocates additional funds to make additional grants.