Applications open for Hawaii County Kona low business recovery program

HAWAII ISLAND (HawaiiNewsNow) – Applications for the County of Hawaii’s Kona Low Business Recovery Grant Program for eligible businesses impacted by the storms are now open.

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The county said $475,000 has been allocated to Hawaii Island for the recovery effort and will be administered by the Department of Research and Development in partnership with the state’s Department of Business, Economic Development and Tourism.

The reward from the county can be used for recovery needs, including equipment repair, temporary relocation costs and water damage.

The county said grant awards will be based on an applicant’s gross annual revenue as reflected in the most recently filed federal tax return:

County officials said businesses must have 500 or fewer employees and must demonstrate storm-related unmet need.

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Applicants must be non-agricultural businesses that were operating within Hawaii County before March 13, have a physical business location in the county and have documented physical damage and/or business interruption.

Applicants must also identify an eligible use of grant funds supported by documentation and submit a complete application with all required materials.

Required documentation may include proof of business registration, proof of physical business location, a Certificate of Good Standing from the State of Hawaii, storm-impact documentation, insurance claim information, financial statements, tax returns, and other supporting records.

County officials said application submission does not guarantee funding.

Eligible businesses must submit an application online through the Department of Research and Development’s Grant Portal by 4:30 p.m., Monday, Aug. 31.

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The county said no hard-copy applications will be accepted.