IDAHO REBOUND GRANTS CRITERIA AND APPLICATION PROCESS ANNOUNCED

The Idaho Rebound Cash Grant will provide up to $10,000 in funding directly to eligible Idaho businesses. More than 30,000 small businesses could benefit from the $300 million in cash grants made available to businesses impacted by COVID-19. Eligibility criteria and application details include:

• Applications will be handled in two waves:
• Eligible entities with one to 19 employees may apply starting at 12:00 noon MDT on May 11 through 12:00 noon MDT on May 18.
• Eligible entities with one to 50 employees may apply starting at 12:00 noon MDT on May 18 through 12:00 noon MDT on May 22.
• Eligible applicants include sole proprietorships, partnerships, C-Corps, S-Corps, LLCs, 501(c)(3) nonprofits, 501(c)(6) organizations, 501(c)(19) veterans’ organizations, and tribal businesses.
• Grants may be used to reimburse the costs of business interruption caused by required closures which may include personal protective equipment (PPE), inventory, equipment, rent, and utilities. Funds must be expended in compliance with state and federal law.

To receive Idaho Rebound grant funding, all applicants must first establish a secure Taxpayer Access Point (TAP) account if they do not already have one. You are strongly encouraged to create a TAP account as soon as possible in advance of the application period opening on May 11 and May 18, respectively. To register for a TAP account, go to idahotap.gentax.com/TAP and click “Don’t have a logon? Register here” beneath the “Log In” button.

All eligibility criteria, information on how to apply along with additional instruction details on how to set-up a TAP account are available at the Idaho Rebound Cash Grants for Small Businesses page. Recipients of the grants will be shared at transparent.idaho.gov when information is available.