What is a Revive Alabama grant?
Governor Kay Ivey recently announced the Revive Alabama grant program. This program will provide financial support to small businesses in Alabama experiencing the financial impact of COVID-19. To qualify for this grant, a small business must have no more than 19 full-time equivalent employees on payroll. A qualifying businesses may receive up to $15,000 to reimburse its pandemic related expenses. However, the State will not reimburse businesses for expenses federal assistance programs have already covered. The Alabama Department of Revenue has created a website with more information on the program: https://revenue.alabama.gov/revive-alabama.
While the Revive Alabama grant program is open to an unlimited number of applicants, do not delay. The State will award grants to qualifying applicants on a first-come-first-served basis. The total amount of available grants is limited to $100 million.
How do you apply for a Revive Alabama grant?
Business owners may access the grant application through the Alabama Department of Revenue’s Revive Alabama website. The application period for the Revive Alabama Small Business Grant Program will open at noon on July 16, 2020, and continue through midnight on July 25, 2020.
An applying business must first establish a secure My Alabama Taxes (MAT) account to protect its personal and business information on applications. You should start this process as soon as possible. Each applying business must have its own MAT account to apply for a Revive Alabama Small Business Grant. While we cannot apply for grants on your behalf, we are able to assist with the application process. We can also help you establish a MAT account.