Accessing Small Business Resilience Resources in Idaho
GrantID: 66958
Grant Funding Amount Low: $25,000
Deadline: September 20, 2024
Grant Amount High: $1,000,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Arts, Culture, History, Music & Humanities grants, Black, Indigenous, People of Color grants, Community Development & Services grants, Disaster Prevention & Relief grants, Education grants, Employment, Labor & Training Workforce grants.
Grant Overview
Building Readiness for Idaho's Small Businesses
In Idaho, small businesses contribute significantly to the economy, with nearly 98% of all businesses classified as small enterprises. However, many of these businesses encounter unique challenges in preparing for emergencies, and a lack of resources often leaves them vulnerable when disasters strike. According to a 2021 survey, 63% of small businesses in Idaho reported being unprepared for sudden disruptions, highlighting a pressing need for targeted readiness initiatives.
The main beneficiaries of this funding are Idaho's small business owners, particularly those in rural areas where resources tend to be scarce. These owners face not only logistical challenges but also a lack of access to vital information that could enhance their preparedness for various emergencies. The funding will be aimed at providing these businesses with essential tools and resources to navigate through risks and uncertainties effectively.
Eligible applicants for the grant include small business entities, particularly those representing underserved communities or industries heavily impacted by emergencies. The application process requires demonstrating the need for specific resources to enhance business resilience, as well as a plan for implementing the requested support. This entails outlining how the proposed use of funds will directly facilitate better preparedness and response capabilities.
Idaho’s unique geographic layout, with its diverse economic landscape that includes agriculture, technology, and tourism, necessitates a comprehensive approach to emergency preparedness. By creating a resource hub that consolidates recovery guidance and digital tools, this initiative will streamline access to critical information for business owners statewide. Workshops and online resources will further facilitate knowledge sharing, thereby equipping small businesses with the tools they need to thrive, even in challenging circumstances.
Overall, this grant aims to galvanize Idaho's small business sector by fostering a culture of preparedness and resilience. With tailored support, businesses can develop effective strategies to withstand emergencies, securing their longevity and contributing to Idaho’s robust economic framework even in the face of adversity.
Eligible Regions
Interests
Eligible Requirements
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