Workforce Innovation and Opportunity Act Rapid Response Funding
The Bay Consortium Workforce Board has been awarded a $87,314 grant from the Commonwealth of Virginia to assist small businesses (fewer than 250 at a site) with certain costs related to the COVID 19 crisis that might help them meet certain needs and/or divert expenses in other areas as a form of assistance. The source of funding is the US Department of Labor Employment and Training Administration Workforce Innovation and Opportunity Act, Title I.
Examples of uses for funding include:
Paying for cleaning services so companies can stay open
Paying for cleaning supplies
Purchasing items that can assist employees in teleworking
Other COVID-19 related items can be considered on a case-by-case basis
Note that “equipment” with a per unit value over $5,000 is not allowed; nor are wage reimbursements for employees
Another condition is that these funds are only available on a reimbursement basis, meaning the business must first incur the cost and present proof of payment to get reimbursed. Reimbursement is available for allowable costs incurred March 1, 2020 – August 31. 2020.