The Sandy Springs City Council has approved having the Sandy Springs Development Authority administer the city’s newly launched, Small Business Relief Grant Program.
The $1.2 million program seeks to help local firms survive the COVID-19 pandemic and encourage them to retain employees. Businesses will be required to sign a contract with the authority to ensure accountability, City Attorney Dan Lee said in a report to the council.
“Funds will be paid out as a reimbursement after all contract requirements are met by the business receiving the funds, including proper documentation of the expenditure of funds,” Lee said.
Money is available on a first-come, first-served basis to local businesses impacted by the COVID-19 pandemic. The program provides for grants of up to $5,000 for businesses with one employee; $10,000 for two to 10 employees; and $15,000 for 11 to 99 employees. Information: https://bit.ly/38alEeb
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