Ideas

Caroline Simmons
Mayor | Stamford, CT

ARPA: Stamford CT, Supports Small Businesses Impacted by the Pandemic

Idea Category: Jobs and Entrepreneurship | Funding Source: American Rescue Plan

Stamford Mayor Caroline Simmons earned unanimous support from the Board of Finance to use $1.5 million of the city’s American Rescue Plan Act money to create a grant program for small businesses that have taken a financial hit from the COVID-19 pandemic. The program is expected to help around 200 small businesses with grants of up to $7,500 to help with payroll, commercial lease or mortgage payments, and other critical expenses. Simmons hopes to announce grant recipients in May of 2023.