ROSEBURG, Ore. -- A local nonprofit is trying to give small businesses extra financial assistance during the COVID-19 pandemic.
The CCD Business Development Corporation is dedicated to stimulating the economies in Coos, Curry and Douglas counties.
Right now, they have a $525,000 grant to give to small businesses in each of those counties. Each small business could get up to $25,000 if they apply through the CCD.
The grant is being funded by the Oregon Business Development Department. The City of Roseburg applied for the grant a few months ago as a way to help small businesses.
“Our small businesses are hurting right now," said communications specialist Eric Johnson. “This is just one example of how the city is playing a lead role in trying to help.”
CCD executive director Theresa Haga said they’ve already distributed all the money allocated to Coos County, and 38 businesses have received grants.
However, only 29 Douglas County businesses have received funding so far and they still have $73,000 left to distribute.
If they do not give out that money, Haga said it will go back to the state.
“From that point in time of us signing the contact with the state of Oregon, we have 45 days to deploy those funds,” she said.
Haga said businesses with fewer than 25 employees are eligible to apply. They also have to prove that they’ve experienced financial hardship due to COVID-19.
However, she said business who have received some funding through the CARES Act are not eligible to apply right now as they are trying to focus on businesses who weren’t successful in securing funding from the state.
Haga said they will be expanding the eligibility in coming weeks.
Small businesses interested in the grants can apply on the City of Roseburg or CCD websites.