October 20, 2021

Desk Solver

Business The Problem Solver

Extra grant revenue up for grabs as little venues weather COVID

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Wave, songs and celebration location at 650 E 2nd St. (October 16, 2019)

The U.S. Little Business enterprise Administration however has billions of bucks left to award to modest, impartial venues that keep on being in survival manner as the COVID-19 delta variant surges across the nation.

The SBA will continue accepting new Shuttered Location Operators Grant purposes by way of Friday, Aug. 20, and will then flip its consideration to offering supplemental funding to venues that have by now gained grants.

The $16.2 billion software approved by Congress in December 2020 has now doled out $8.4 billion in grants to additional than 10,800 firms. SBA knowledge reveals that as of Monday, Wichita entities have been given $10.2 million of support from the grant system and Kansas entities at significant have gained $48.3 million.

“It’s crazy the quantity of dollars that is been funneled into our community to permit so many entities to endure,” reported Jessie Hartke, who co-owns Wave and the Cotillion Ballroom with her husband, Adam.

Hartke explained both venues, which have presently been awarded grant cash, will use for supplemental funding as the pandemic drags on.

Supplemental funding will deliver venues with up to 50% of their first award amount of money, with a combined cap of $10 million per venue.

The SBA’s preliminary software rollout was shaky. When the software portal introduced in early April, it immediately crashed in just two hrs and didn’t go again on line for yet another two months.

“More venues went out of small business the two months soon after [the application portal crashed] than any time through the pandemic,” Hartke informed The Eagle in June.

She stated the SBA has manufactured its grant administration method considerably far more successful immediately after the clumsy commence.

“I believe my pet could do a more successful career than they had at first,” Hartke stated.

“It’s gotten considerably a lot more smooth inside of the very last couple of months. The vast greater part of people have acquired money. We do know a number of entities that are even now ready, but it is minuscule in relation to the primary volume.”

Other Wichita entities that have been given govt support incorporate Botanica, Exploration Place, the Sedgwick County Zoo, Ballet Wichita, the Loony Bin, Tunes Theatre Wichita, Wichita Children’s Theatre, Wichita Festivals, the Wichita Symphony and Roxy’s Downtown.

Matthew Kelly joined The Eagle in April 2021. He’s masking business and advancement in the Wichita space. You can get in touch with him at 316-268-6203 and [email protected]