Grant FAQs
Frequently Asked Questions about the "Economic Recovery" grant and the "Community Initiaitive" grant:
If you have a question, please email ARPA.
- Are all business structures (S Corp, LLC, Sole Proprietor, etc.) eligible to apply for the Town of Old Lyme American Rescue Plan Act Economic Recovery Grant?
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Yes. All business structures are eligible to apply.
- Must a business/organization be established in Connecticut to be eligible to apply for the Town of Old Lyme American Rescue Plan Act Economic Recovery Grant?
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No. Any business/organization that demonstrably bases operations from/in Old Lyme and/or serves Old Lyme is eligible to apply.
- Is there a maximum grant application amount for the Town of Old Lyme American Rescue Plan Act Community Initiative Grant Application?
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No. However, funds are limited, and total grants and amounts approved may be impacted by the total of grant amount requests. Initiatives that can demonstrate full implementation, including funding, as evidenced by the application, and supporting documentation, are likely better positioned to be approved.
- What happens if my Town of Old Lyme American Rescue Plan Act Community Initiative Grant Application is approved but partially awarded?
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As funds are limited, it is possible that grant amounts may be only partially approved. Please consider this possibility when making application.
- When will approved grants receive payments?
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While subject to change, the goal is for all approved grants to receive payment by September 30, 2022.