Drought Relief, Recovery Grants for Cultural Organizations and Business Opportunities at Town Properties
Help for Drought-Affected Businesses
The US Small Business Administration (SBA) announced recently that Federal Economic Injury Disaster Loans are available for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to drought that began Aug. 9. Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, and ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.
The loan amount can be up to $2 million with interest rates of 3.04 percent for small businesses and 1.875 percent for private nonprofit organizations, with terms up to 30 years. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website and should apply under SBA declaration # 17589.
Application Filing Deadline: April 17, 2023
Cultural Sector Recovery Grants
Cultural Sector Recovery Grants for Organizations offering unrestricted grants ranging from $5,000-$75,000 to Massachusetts cultural organizations, collectives, and businesses negatively impacted by the COVID-19 pandemic. Mass Cultural Council proposes to award up to $36,080,000 in recovery grants to organizations through this program in Fiscal Year 2023. Application Deadline: September 28, 2022
Pop-Up Snack Shack at the Harbor Overlook in Downtown Hyannis
This is a great expansion opportunity for entrepreneurs and existing businesses that want to test the waters in Downtown Hyannis. This pop-up tiny commercial kitchen is in a busy downtown location. The Harbor Overlook, along the Walkway-to-the-Sea, is situated at the corner of South and Ocean Street. This space provides a picturesque setting for visitors to stroll to and from Main Street and the harborfront, where visitors can meet local artists, listen to music, play games, catch their breath, take in the sights and sounds, and picnic in the park.
The Snack Shack at the Harbor Overlook is an additional attraction to draw visitors from Main Street and the Harbor; provides affordable incubator space for local businesses; provides prime visibility and opportunities for entrepreneurs to gain and improve business, marketing and selling skills, connect with other creatives, and meet thousands of visitors from around the region and the world. Limited space is available for September and October weekends.
Town of Barnstable – Advertising Opportunities
Commercial and Non-Profit Tourism Brochure Display Program
Two high traffic tourist destination locations at Bismore Park Welcome Center (seasonal) and year-round at the Hyannis Youth & Community Center (HYCC). Limited display space for tourism related menus and brochures are available. Non-profit and commercial businesses are welcome to apply.
Hyannis Youth & Community Center Advertising Program
The busy twin rinks, gymnasium with meeting room space and a concession stand offer brand exposure and opportunities for businesses to interact with spectators, athletes and events which are hosted by regional and international youth sports organizations and events that attract thousands of loyal fans throughout the year.