Team Kentucky Lake has established a one-time grant opportunity for small businesses in Marshall County. Businesses forced into closure or reduced services in response to COVID-19 are encouraged to apply.
Team Kentucky Lake is a collaboration of several Marshall County partnerships to help manage the conversation of the county’s recovery from the recent pandemic. In addition to providing grants to small businesses, Team Kentucky Lake provides support and encouragement, job opportunities, and a chance for local businesses to tell their COVID-19 survival stories.
Funds from the grant can be used for rent, mortgage, utilities, and payroll. The maximum grant award will be $1000 per eligible applicant. Please remember to complete the application in full. Incomplete applications will be disqualified. One application per business is permitted. Grants will be issued as resources become available in order of eligibility and submission.
Small businesses in Marshall County must meet the following guidelines to apply:
- Current brick-and-mortar located in Marshall County, Kentucky.
- Business open and operating before January 2020.
- Employ 25 or fewer people.
- Franchise businesses must be owned by a Marshall County resident.
- Marshall County business forced to close or reduce services due to executive orders issued by the Governor of Kentucky.
“This is a great collaboration between local entities in our community. It is important now more than ever to support our local small businesses and this grant opportunity will do just that,” said Josh Tubbs, President of Kentucky Lake Economic Development.
Donations are being accepted by the community to support this grant. If you wish to donate or apply for the Small Business Relief Grant visit teamkylake.com. Grant applications will be reviewed, approved and awarded by the Grant Application Committee. Completed applications can be emailed or mailed to Kentucky Lake CVB at 93 Carroll Rd #7165, Benton, KY 42025, eblevins@kentuckylake.org. Find the application at teamkylake.com
For more information, please call Elena Blevins, Kentucky Lake CVB Executive Director, with questions at 270-527-3128 or email eblevins@kentuckylake.org.
