MAIN STREET RECOVERY
GRANT PROGRAM
WHAT IS THE MAIN STREET RECOVERY PROGRAM?
Act 311 set aside $300 million for a small business grant program. Businesses can apply for up to $15,000 to cover eligible expenses. We are in the process of setting up an application system.
QUESTIONS? CALL US AT
225-342-0010
WE ARE NOT YET TAKING APPLICATIONS. SIGN UP FOR EMAIL NOTIFICATIONS
ELIGIBILITY REQUIREMENTS FOR BUSINESSES
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Were domiciled in Louisiana as of March 1, 2020
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Suffered an interruption of business
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At least 50% owned by one or more Louisiana residents
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Filed Louisiana taxes in 2018 or 2019 or will file taxes in 2020.
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Had no more than 50 full-time employees as of March 1, 2020
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Have customers or employees visit a physical location
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Are not part of a bigger business with more than 50 full-time workers
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Does not exist for the purpose of advancing partisan political activity and does not directly lobby federal or state officials
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Does not derive income from passive investments without active participation in business operations