Medford, OR – According to the statement, small local businesses affected by the Coronavirus pandemic, within Medford, can apply for one-time funding assistance. The City of Medford has announced that the applying can start on Friday, January 8.
According to the officials, this round consists of $250,000 in total funds. These funds are already approved by the City Council to be pulled from cannabis taxes on December 17.
City Councilor Tim D’Alessandro said:
“Our local businesses continue to face challenges related to the COVID-19 pandemic. This program aims to offer immediate financial assistance to small businesses in Medford to aid in maintaining their business and workforce.”
Businesses directly affected by the latest mandatory COVID-19 changes are eligible: bars, restaurants, wineries, indoor gyms and fitness centers. They must be located within the Medford city limits, and must have no more than 15 non-owner employees as of March 1.
According to the city officials, grants can be used toward rent or mortgage payments, utility payments, and payroll. The City indicated that assistance will be $3,000 per business.
The online application will be available at 10 a.m. on Friday, accessible on the City of Medford’s website.