Good morning, The Small Business Administration is both closing and reopening its spigot of aid for live-events businesses. The SBA announced this week that on August 20, it will cease accepting applications for its $16.2 billion Shuttered Venue Operators Grant (SVOG) program, which provides grants for venue operators, promoters, live-events producers, and museums that were sidelined by the pandemic. The agency also announced it would open a supplemental award program of about $8 billion to qualifying live entertainment small businesses, nonprofits, and venues that already received aid. Thousands of organizations have benefited from the SVOG, and many likely still need help. But some businesses are still scratching their heads over the program’s labyrinthine set of rules. Read our story to learn how businesses can apply for additional aid--and who’s left out. |
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