SBA announces plan to open supplemental shuttered venue grants
The U.S. Small Business Administration is announcing a call to all eligible Shuttered Venue Operators Grant applicants seeking economic aid for live entertainment small businesses, nonprofits and venues. New applications will be accepted until 10 p.m. Central time on Aug. 20. The SVOG program has so far awarded $8.4 billion in grants to more than 10,800 businesses to assist in getting the nation’s cultural institutions back on track. Later this month, the SBA will open the program for supplemental SVOGs for 50% of the original award amount, capped at a total of $10 million (initial and supplemental combined). Details will be announced at a later date. Additionally, to ensure no eligible venue is left behind, the SBA is currently accepting, by invitation, applications for reconsideration of award amounts and appeals. For additional information on SBA’s Economic Relief programs, visit the SBA’s COVID-19 relief options page.