There’s no doubt COVID-19 has had a massive impact on the hospitality industry over the last year, but help is finally on the way. Signed into law by President Joe Biden in March as a part of the American Rescue Plan, the $28.6 billion Restaurant Revitalization Fund offers grants up to $10 million to restaurants, bakeries, distilleries, and many other eligible businesses in need of a helping hand in recovering from the coronavirus.
On this episode of the Happy Mouth podcast, Philip Camino and Nyesha Arrington break down the specifics of the Restaurant Revitalization Fund. Nyesha and Philip talk about how much money is available, how to calculate your eligibility, and who will receive priority as they provide some insight on what you might want to do with your slice of the pie.
Links:
NRN - Grant minimums
Restaurant.org - RRFG FAQ
Eater - Restaurants and bars account for 1.4 percent of COVID-19 spread
Restaurant.org - COVID-19 impact on business
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