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Utah Life Sciences News & Events

COVID-19 Grant Relief Program Updates as of 8/12/2020 9:20 am

August 13, 2020

Shop In Utah: $35M (+ $10M added from ComRent)

  • Opened Monday, July 27 – closed August 7, 2020, at 1:30 p.m.
  • Shop in Utah number of applications received: 872
  • Shop in Utah total award amount requested: $42,344,434
  • Shop in Utah number of awards: 653
  • Shop in Utah total award amount: $26,790,444
  • Average award amount: $41,023
  • Most Requested Sectors:
    • Food and beverage – $11M – 178 applications
    • Leisure and hospitality – $9M – 191 applications
    • Retail – $6.6M – 121 applications

 

Safe In Utah: $5M

  • Opened Monday, July 20
  • Safe in Utah number of applications received: 428
  • Safe in Utah total award amount requested: $1,015,590
  • Safe in Utah number of awards: 341
  • Safe in Utah total award amount: $876,237
  • Average award amount: $2,570
  • Most Requested Sectors:
    •  Food and beverage – $193k – 90 applications
    • Retail – $182k – 60 – applications
    • Leisure and hospitality – $142k – 68 applications

Commercial Rental Assistance Program (ComRent): $30M ($10M minued out for Shop)- Still Has Plenty of Funding

  • Version 1 Opened: May 11
  • Version 2 Opened: July 1
  • ComRent number of awards: 1503
  • ComRent total award amount: $13,264,836
  • Average award amount: $8,825 (prior to V2 Average check: $2,702)
  • Most requested Sectors:
    • Food and beverage – $4M – 471 applications
    • Retail – $2.3M – 279 applications
    • Healthcare – $1.4M – 227 applications