Deadline nears for grants to support live events the pandemic affected
Published 10:00 am Tuesday, August 23, 2022
Businesses that support live events and were impacted by the pandemic still have time to apply for funds from the Live Event Support Industries Program, but the window is closing.
The application deadline is noon Tuesday, Aug. 30. The application is available online on the Business Oregon website (www.oregon.gov/biz/Pages/default.aspx). Award decisions will be announced next month.
According to Business Oregon, $10 million is the amount available in federal funds for grant assistance to qualifying applicants that have experienced financial hardships from the pandemic. This grant program is the third and final round of the three grants Business Oregon created with American Rescue Plan Act Coronavirus State Fiscal Recovery funds to help live event venues and live event supporting industries.
Program awards will generally range between $10,000 – $100,000 each. Awards will not exceed the applicant’s reported loss in revenue from live event support activities between 2019 and 2020, or $100,000 (whichever is less).
This program defines the “live event support industry” as for-profit businesses, non-profits, sole proprietors and independent contractors who receive 50% or more of their annual revenues from providing goods (rented or sold) or services for the production of live events.
Applications will be selected by a random lottery system from each geographic region. Applications that are selected from the lottery and meet stated program eligibility and need requirements will be authorized for funding, pending availability of funds. Business Oregon may require additional information and has final authority on eligibility determination.