Princeton Small Biz Resiliency Fund to Open For Final Grant Cycle

PRINCETON, NJ — The Princeton Regional Chamber of Commerce Foundation announced the third round of funding to help small businesses recover from the COVID-19 pandemic.

The third and final grant cycle of the Princeton Small Business Resiliency Fund will open on Wednesday to businesses that did not receive funds during prior rounds. Applications will be accepted on a first-come, first-considered basis until funds are exhausted. Roughly $20,000 is expected to be awarded this cycle.

The Foundation has awarded over $440,000 dollars in grants over the past two years, through the Princeton Small Business Resiliency Fund, which was seeded primarily from a gift from Princeton University.

“The business community continues to recover from the devastating impact of the pandemic, but help is still needed,” said Hal English, President and CEO of the Princeton Mercer Regional Chamber of Commerce.

“The Chamber’s Foundation exists to support economic development in our region. The Princeton Small Business Resiliency fund is one way the Foundation is investing in our future. Princeton University and many other business leaders gave generously to the Fund, and it is exciting to see the final grants get into the hands of small business owners in Princeton.”

Storefront for-profit businesses that are open to the general public within the Municipality are eligible to apply. The business must have less than $2 million in gross revenue ($5 million for restaurants) and no more than 25 full-time equivalent employees.

A full list of eligibility criteria can be found at http://princetonresiliencyfund.org.

For more information about the Princeton Small Business Resiliency Fund and to apply, visit: http://princetonresiliencyfund.org.

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