CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
Petitioner:
Shani Coleman, Director of Community & Economic Development
Recommendation:
title
Review and approve new small business support and entrepreneur development programs using American Rescue Plan Act (ARPA) allocation. (For possible action)
body
FISCAL IMPACT:
Fund #:
2981.600
Fund Name:
2.9 Small Bus Assist
Fund Center:
9990108721
Funded PGM/Grant:
N/A
Amount:
Not to exceed $10,000,000
Description:
Additional Comments:
BACKGROUND:
Support for small business and entrepreneurship initiatives have been identified as an appropriate use of ARPA funds to help address the negative economic impacts from COVID-19 on our community. Clark County has designated up to $40 million of its ARPA allocation towards this effort.Two small business and entrepreneur programs designed to provide access to capital and high-quality technical assistance focused on recovery, resiliency, and capacity building.