** If you have already submitted an application please proceed to CARES Act Grant- Step 2.
Applications can still be submitted, but must be submitted with the additional documents listed in CARES Act Grant- Step 2 to be eligible. Without Part 2 completed, your application will not move forward. You must have everything turned in by September 28, 2020.
For Step 2 complete the documents below:
Roswell and Chaves County small businesses must submit their applications and documents to Melissa Juarez, project manager for Roswell-Chaves County Economic Development Corporation. Completed applications with the additional documentation can be submitted at the EDC office at 220 N. Main St. in Roswell or by email to email@example.com. Applications & additional documents can be dropped off between 8:00 am – 4:00 pm Monday – Friday. For more information, Juarez can be contacted at the email address or (575) 622-1975.
NEWS RELEASE For Immediate Release: July 30, 2020
Small businesses impacted by pandemic can apply for grant funds
City of Roswell, Chaves County and the Economic Development Corporation are partnering to help get federal money that was awarded to the state into the hands of local businesses.
Roswell, N.M. — Local small businesses impacted by the COVID-19 pandemic can apply for financial assistance that will be available through local governmental entities working together to acquire federal money that was awarded to the state.
Gov. Michelle Lujan Grisham announced this week that money awarded to New Mexico through the federal CARES Act (Coronavirus Aid, Relief and Economic Security) is being made available to local government entities and small businesses to assist with the financial burden caused by the pandemic and the resulting state-ordered restrictions. The City of Roswell, Chaves County and the Roswell-Chaves County Economic Development Corporation are partnering to provide and collect the “Small Business Continuity Grant” applications from local small businesses. Those applications will become part of the governmental entities’ overall application for a portion of the CARES Act funding designated to New Mexico.
The grant is open to New Mexico-headquartered businesses with 50 or fewer full-time employees. A qualifying business must have been forced to close or severely curtail operations as a result of state orders related to the pandemic. A business must also have an annual revenue of no more than $2 million prior to the pandemic impact.
Businesses receiving grant funding must spend the “business continuity” money on employee payroll (excluding the business owner), rent, mortgage payments, insurance, utilities or marketing. Some grant funding can be awarded for “business redesign” and that money must be spent on things such as reconfiguring physical space, installing plexiglass barriers, purchasing web-conferencing or other technology to facilitate work-at-home options, or acquiring personal protective equipment for employees.