Updates in the Law
Governor Pete Ricketts announced on Monday, October 19th, that a second round of economic stabilization grants will be made available for eligible applicants from the $1.1 billion allocated to Nebraska under the federal CARES Act enacted in March. The first round of grants for economic stabilization were made available in June 2020.
The new grants will target businesses in industries that were particularly hard-hit due to the pandemic. These include direct-payment grants for the following categories of business:
For more specific information about these grants including the eligibility requirements and requirements as to how grant funds must be used, please see here.
The application period begins on Wednesday, October 21st at 10:00 a.m. and ends on November 13th. Applications may be submitted online at the above link. Most of the grants are being offered on a first come, first-served basis. The grants will be issued by December 28, 2020.
If you have any questions, please contact SamKing@mgwl.com or at (402) 829-1829