$16 Billion Shuttered Venue Grant Program to Go Live on April 8, 2021
The Consolidated Appropriations Act, 2021 (CAA) initially funded $15 billion for shuttered venue operators grants (SVOG) supplemented with an additional $1.25 billion in funding from the American Rescue Plan Act of 2021. The U.S. Small Business Administration (SBA) has announced plans to open the SVOG application process on April 8, 2021. The SBA has released seven sets of frequently asked questions. This article summarizes the CAA’s original SVOG provisions and all subsequent SBA clarifications.