The Commissioners have allocated $6 million to the creation of the fund.  The program provides a “grant” – meaning money that is not a loan and does not require repayment - benefit of up to $25,000 or 25% of annual operating expenses, whichever is lower per applicant.  Unlike other programs, there is no “window” of time through which payroll is examined.  Further, the program does not exclude businesses which have received PPP or other emergency funding.  Accordingly, it appears small businesses could apply the grant funds to time periods after the end of the federal benefit and thereby extend the time period of relief.  

The fund is focused on existing “for profit” small business and sole proprietors physically located in Bucks County.  An applicant’s gross revenue must not exceed $700,000.00 annually.  There is no application fee.  Funds can be utilized to satisfy business operating expenses such as salaries, rent, supplies and other operating expenses which may not be permissible under the PPP program.

Application to the program will be available for one day only, Tuesday May 26 between 5:00 a.m. and 9:00 p.m.  The application is available on the County website through the COVID – 19 portal.  The County strongly prefers digital application; however, paper applications will be accepted at the County Administration Building, 55 East Court Street, Doylestown, PA 18901 from 10:00 a.m. to 4:00 p.m.           

Additional information regarding the program, the application and information which will be considered by independent third party reviewers is available on the County website.  

Click here to view the grant information sheet