Small Business Assistance Grant Program
To mitigate the impact of COVID-19 on Medford small businesses and their employees, the City of Medford has committed up to $125,000 in one-time funds to create a Small Business Assistance Grant Program.
The objective of this program is to offer immediate financial assistance to small businesses in the City of Medford to aid in maintaining their business and workforce. Awards will be made on a first come, first served basis. Applications will be accepted after 10 a.m. on Monday, May 11, 2020.
The City plans on allocating financial resources as quickly as applications can be received and reviewed. Grant amounts are to be used to help Medford small businesses with the following:
To qualify for assistance, a business must:
- Rent or mortgage payments
- Utility payments
- Complete the online application and include a copy of W9
- The business is located within the City limits of Medford
- Have no more than 15 non-owner employees as of March 1, 2020
- Have a City of Medford business license
- Have no outstanding City related liens, fees or code enforcement cases
- The business is directly affected by the government-ordered mandatory change in service (Governor Executive Order dated March 23, 2020)
- Has not been a recipient of the Federal Paycheck Protection Program
- Franchise businesses are not eligible
- A qualifying small business will receive $1,500 minimum
- For every non-owner employee grantee receives an additional $500
- Total maximum grant award - $5,000
As we continue to respond to this rapidly evolving situation, the City recognizes the importance of quickly addressing a number of urgent needs and will continue to work closely with our local businesses and service organizations to reduce regulatory barriers and provide access to resources needed during this unprecedented time.
Resources for Local Businesses
The City of Medford is aware that the responses to concerns over the COVID-19 virus is impacting many aspects of life for area residents and businesses. Businesses, such as those that rely on retail sales, may be susceptible to drops in revenue as residents are encouraged to stay home. We will continue to update the following list of resources:
If you've been laid off due to the COVID-19 outbreak you can apply for unemployment.