Small Business Microgrants Grant Program (CDBG) Members News June 9, 2022 The City of Scranton, in conjunction with the Small Business Development Center (SBDC) at The University of Scranton, announce the CDBG Small Business Micro-Grant Program for new or early-stage businesses located in Scranton’s low-moderate-income demographic areas (LMA). Funds, ranging from $2,500 to $5,000 per business, will assist with start-up costs, thus contributing to their initial success and continued revitalization of our community. New and newly established is defined as businesses opened for business within the last 12 months or planning to open within 9 months of application. Business Owner must be or have worked with SBDC at The University of Scranton to complete a business education series and/or business consultation. Final applications must include a referral form from the SBDC at The University of Scranton. Eligible Uses of FUNDS• Inventory• Procurement of machinery, furniture, fixtures and equipment• Working/Operating capital (not to include interest or finance charges)o Defined working/operating capital – Utilities, rent, business services (accounting, IT, website development) Ineligible or Restricted Uses of Funds:• The repayment of existing debt• Employee/owner payroll taxes• Reimbursement of costs incurred prior to loan/grant award• Reimbursement for interest charges or finance changes of any kind with no exceptions• Political or religious activities• Lobbying any governmental entity Interested in Applying:If you are interested in learning more and applying for this program, please email Tricia Zilaitis tzilaitis@scrantonpa.gov who will email you the application.