Is there a maximum number of employees I can have to qualify for this grant?

Yes, you must employ a minimum of one employee and no more than 25 full-time or full-time equivalent employees. The phrase full-time equivalent refers to a combination of part-time employees whose combined hours are the equivalent of a full-time position. For example, two employees who each work 20 hours per week are equal to one full-time worker.

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1. Are grants issued on first-come, first-served basis?
2. How does the lottery process work?
3. How will I know if my application was selected in the lottery?
4. Will the grant be issued all at once or on a reimbursement basis?
5. What can I spend grant funds on?
6. Do I have to repay the grant?
7. Why are home-based businesses not eligible to apply?
8. Do I need to pay taxes on the grant?
9. Is there a maximum number of employees I can have to qualify for this grant?
10. Grant eligibility requires at least one of my employees hold a low-or moderate income job. What does this mean?
11. Who do I contact if I have questions?