On August 4th, Miami-Dade County announced the application process for their Hospitality Industry Grants that will award thirty-million dollars ($30,000,000.00) to local Miami-Dade hospitality industry members like you.
Here is the URL for the press release which we’ve also included: https://www.miamidade.gov/releases/2020-08-04-isd-hospitality-grant.asp.
Please note that the grants are only available to restaurants and non-home based caterers with DBPR, DH&R licenses (SEA23xxxxx, NOS23xxxxx, CAT23xxxxx).
Nightclubs, bars, mobile food trucks, as well as chains, franchise restaurants, or hotel restaurants owned by hotels are ineligible, as are home-based businesses of any kind.
There are also revenue and employee maximums to ensure the grants go to those businesses with the most need for the capital. Those criteria are:
- Restaurants or non-home-based caterers located in Miami-Dade County with a maximum of 50 employees and annual revenue does not exceed $10M
- Restaurants or non-home-based caterers located in Miami-Dade County with a maximum of 75 employees and annual revenue does not exceed $15M
If you qualify, we suggest you apply as soon as possible. Here again is the link and URL so you can cut and paste it into your browser: https://www8.miamidade.gov/Apps/ISD/SBD_HIG/Application.
If you have not already done so, be sure to check out the availability for PPP and EID loans through the SBA and your bank. Here again, are links to more information on those programs: