SVOG Supplemental Grants to Begin Shortly
The U.S. Small Business Administration (SBA) announced the $16 billion shuttered venue operators grant (SVOG) program was accepting applications until 11:59 p.m. Pacific time on Friday, August 20, 2021. Later in August, the SBA will open the program for supplemental SVOGs for 50 percent of the original award amount, capped at a total of $10 million (initial and supplemental combined). As of August 23, 2021, requests were submitted totaling $13.3 billion, indicating that up to $2.7 billion may be available for supplemental awards. This article provides details on supplemental grant eligibility.