ARP: Scranton PA, Creates Recovery Grants to Support Small Businesses
Idea Category: Jobs and Entrepreneurship | Funding Source: American Rescue Plan
Scranton Mayor Paige Cognetti announced millions in American Rescue Plan Funds for small business grants. The grants will help small businesses promote job opportunities and increase employee retention, during this period of labor shortages and inflation. The wage boost program provides businesses with fewer than 50 employees with up to $50,000 over 3 years to increase wages.
Update
Scranton Mayor Paige Cognetti announced the first five businesses to receive funds from the city’s creation and expansion grants. This program, funded by the American Rescue Plan, covers up to 25% of eligible businesses’ startup or expansion project budgets with a $100,000 maximum grant per business. The first five businesses to receive grants will use the funds to create jobs and expand their footprints in the city. About $900,000 remains in the category of funding, it will be first come first serve for any remaining applicants.
As reported by The Times-Tribune, “The grants come from $1.25 million in ARPA funds allocated by the city in May, Cognetti said during an announcement at Downtown Deli, 300 Biden St., which is one of the five recipients.”
More Idea’s From Paige Gebhardt Cognetti
Mayor Paige Cognetti Supports Small Business Through DoorDash’s Business Program
Idea Category: Small Business | Funding Source: ARP
Scranton Mayor Paige Cognetti Revitalizes Public Outdoor Spaces
Idea Category: Community Development | Funding Source: ARP
Scranton Mayor Paige Cognetti Announced Grants to Support Local Unions Training and Apprenticeship Programs
Idea Category: Apprenticeships, Jobs Training | Funding Source: ARP
Scranton Mayor Paige Cognetti Announced a Partnership with Verizon to Increase High-Speed Internet Access
Idea Category: Broadband | Funding Source: ARP
ARPA Case Study: Scranton Mayor Paige Cognetti Invests in City’s Recovery and Resilience after Flooding
Idea Category: American Rescue Plan Act, Funding, Public Safety | Funding Source: ARP
Small Business Wage Boost
Idea Category: Jobs and Entrepreneurship, Promoting Equity | Funding Source: ARP
American Rescue Plan: Scranton Mayor Paige Gebhardt Cognetti Supports Small Business COVID Recovery
Idea Category: Jobs and Entrepreneurship | Funding Source: ARP
ARPA: Scranton PA, Creates Community Wellness Programs and Invests in Community Programs
Idea Category: Healthcare, Safety Net | Funding Source: ARP
ARP: Scranton PA, Allocated $1.5 Million to Support Child Care and Literacy Programs
Idea Category: Child Care, Education | Funding Source: ARP
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