USA Coronavirus covid-19 reports Funding USA

Nearly a fifth of US venues that applied for government funding have been rejected

Reading now: 738
www.nme.com

Billboard reports that the US Small Business Administration (SBA) received a total of 15,429 applicants for the federal Shuttered Venue Operators Grant program, which looks to soften the blows faced by independent venues after over a year of closures forced by the ongoing COVID-19 pandemic.Over $16billion was allocated to the program altogether, with almost half of that going towards venues specialising in live music events.

But venues that were denied the grant weren’t told why, which the SBA reportedly told Billboard was because its decision-making process was expedited.It’s alleged that when business owners contacted the SBA for clarification on why their applications were thrown out, they were simply redirected to “an eligibility.

Read more on nme.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA