State Launches $100M Program to "Revive Alabama"

State Launches $100M Program to "Revive Alabama"

By Zach Hester, Reporter • zach@southerntorch.com (Alabama Governor's Office)

ALABAMA — Last week, Governor Kay Ivey (R-Ala.) announce a grant program to support small businesses through the impacts of COVID-19.

The program titled "Revive Alabama" will dole out a combined $100 million for expenses incurred by these businesses due to operational interruptions caused by the pandemic and business closures earlier this year.

"In many ways, our small businesses were hit the hardest from the coronavirus pandemic," said Ivey. "Ensuring these owners have every opportunity to recoup expenses incurred due [to] the disruption of business is essential to getting our economy roaring again."

According to a statement from the Alabama Governor's Office, qualifying businesses may receive "up to $15,000" to reimburse expenses or items that they have not received federal assistance for. Grants will given out on a first-come-first-served basis until funds are exhausted.

In order to qualify for assistance, Alabama business owners may access the application through the Alabama Department of Revenue's (ALDOR) Revive Alabama website. All applicants must establish a secure My Alabama Taxes (MAT) account to protect their personal and business information on submitted applications. Tax preparers may not apply for the grants on behalf of a client, but can assist with the process.

The application period runs from Thursday, July 16 through Saturday, July 25. 

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