The American Rescue Plan Act of 2021 provides financial relief to small businesses that have been impacted by COVID-19. The Act provides funding in some of the following ways:
The American Rescue Plan Act of 2021 authorizes Small Business Administration (SBA) to establish the Community Navigator Pilot Program (CNPP).
SBA is committed to ensuring that small businesses get support from federal relief programs. Such programs can provide economic relief to small businesses that have been affected by COVID-19. The focus of this program is to reach and support underserved small businesses, which includes but are not limited to, micro and rural businesses, businesses owned by women, veterans, and other socially and economically disadvantaged individuals.
The CNPP strengthens outreach to underserved businesses. CNPP does this by providing assistance to small businesses as well as entrepreneurs.
The following is a list of eligible applicants who may apply to receive the grant:
Those who are eligible may prepare to apply by providing the following:
Additionally, registering with the System for Award Management (SAM) is required in order to apply for the federal grant.
Before registering with SAM, use the SAM Status Tracker to check on your organization’s registration status. If your organization is already registered, take note of who is listed as the E-Business Point of Contact (EBiz POC).
SAM is a web-based, government-wide application that collects, validates, stores, and publicizes business information about the federal government’s trading partners in support of the contract awards, grants, and electronic payment processes.
As per Grants.gov, SAM requires a notarized letter stating you are the authorized entity administrator before SAM will activate your entity registration in SAM.gov. When your organization registers with SAM, you must designate an EBiz POC. Keep in mind it is the EBiz POC within your organization who must register your organization with SAM. Additionally, EBiz POC is also responsible for approving your Grant.gov roles request.
It takes up to two weeks to register with SAM after first completing the online registration and sending the notarized letter confirming the entity administrator. Additionally, it takes one business day for the updates to reflect on Grants.gov. Keep in mind that your organization must first have an EIN. Should your organization not have an EIN, it will take an additional 5 weeks to request and get an EIN from the IRS.
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