New Hampshire Governor Chris Sununu has authorized the allocation of $100 million from the CARES Act Coronavirus Relief Fund for MSRF 2.0—a second round of funding for the Main Street Relief Fund (MSRF), a program providing economic support to New Hampshire small businesses suffering from business interruptions as a result of COVID-19.
MSRF 2.0 grants will be available both for eligible businesses that did not receive grants during the initial round of funding, as well as eligible businesses that received grants of less than $350,000 from either the initial round of MSRF or the GAP Fund.
MSRF 2.0 grant amounts will be calculated similarly to the initial round of MSRF and the GAP Fund. The maximum amount received cannot exceed $350,000, including grants received during the initial round of MSRF or GAP funding.
In order to qualify for MSRF 2.0, a business must demonstrate that they have experienced (or anticipate that they will experience) a financial loss due to COVID-19, and must:
Nonprofit organizations, agriculture businesses, childcare providers, elementary or secondary schools, institutions of higher education, and hospitals or other healthcare providers are not eligible for MSRF 2.0.
The deadline for businesses to apply for MSRF 2.0 is 4:00 pm October 30, 2020.
If you have questions about the New Hampshire Main Street Relief Fund 2.0, leave a comment below, or feel free to contact me directly, I’m happy to help