Small Business Relief Fund Awards Over $40,000 in Second Funding Round

In its second round of funding disbursement, the Small Business Relief Fund is awarding over $40,000 in funds to 18 local businesses today. The fund, a partnership between the Chamber and the Community Foundation of West Alabama has awarded more than $100,000 and assisted a total of 36 small businesses this week. A third round of awards is scheduled for next week. Recipients are selected by a committee of business and community leaders.

“We are thrilled to be able to award another significant amount of money to give a lifeline to small businesses in West Alabama. Our goal is bridge the gap for these vulnerable businesses to the larger programs that have come from the federal government,” said Bobby Bragg, Chairman of the Board of Directors for the Chamber.

Jim Page, President and CEO of the Chamber, stressed the need for cooperation at this time.

“The Small Business Relief Fund is designed to provide immediate help for our local businesses,” Page said. “To continue to provide this much needed funding, support from all corners of the community is critical.”

The Small Business Relief Fund includes donations from a range of entities, including local businesses.

“These businesses have a huge positive impact on our daily lives, and they’re operated by our friends and neighbors,” said Keith Andrews of IKAROS, LLC, who contributed to the fund. “That’s the reason I wanted to participate. If we didn’t have small businesses, what kind of community would we have?”

Additional funding is needed, Page said, and donations can be made via the Chamber’s and the Foundation’s website.

To donate to the Small Business Relief Fund or apply, visit https://tuscaloosachamber.com/small-business-financial-assistance/.

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