Idaho’s governor changed course on his cash grant program for small businesses. Initially, the program didn’t allow self-employed Idahoans to apply. The grants will give up to $10,000 to businesses impacted by COVID-19.
The Idaho Rebound grants come out of the federal Coronavirus Relief Fund given to the state. But the rules initially said a business must employ at least one person — and that person could not be the business owner.
Now, the governor said those business can get a grant of up to $7,500.
“Expanding this resource to self-employed business owners should help them get back on their feet and relieve some of the financial loss brought about by this unexpected and unwelcome virus,” Little said in a release Monday. “I appreciate Idaho workers and businesses for their determination during these uncertain times, and for their dedication in reinforcing consumer and employee confidence by operating safely.”
So far, 2,600 businesses applied for the grants, worth about $26 million. The state made additional information about the program available online.