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COVID-19 Crisis Fund for Business Enterprises

As Kilgore small businesses continue to suffer financial fallout due to the coronavirus pandemic, the Kilgore Economic Development Corp. has established Kilgore Cares, an umbrella COVID-19 Crisis Program that consists of two funds.
 
The COVID-19 Crisis Fund for Business Enterprises is a partnership with the City of Kilgore and Kilgore Chamber of Commerce and Visitor’s Bureau to provide support and relief for Kilgore small business. The Chamber will manage the administration of this fund, and the City has accepted fiscal responsibility. 
 
“The KEDC board recognizes the important services that many local small businesses provide to Kilgore’s industries and the people who live and work in Kilgore. It is the right thing for KEDC to contribute to a crisis program providing support to those who have been harmed by COVID-19,” explains Bob Davis, president of the KEDC Board of Directors.
 
To be eligible, businesses must employ fewer than 20 full time equivalents, be typically open to the public in the city limits of Kilgore and must have been impacted by COVID-19.  For a full list of eligible criteria and to apply for funding visit www.kilgorechamber.com/covid19 and scroll to Local Kilgore Resources.
 
Applications will be reviewed on a weekly basis by a review committee consisting of a representative from KEDC, the City of Kilgore and the Chamber of Commerce. All applications must be submitted to the chamber by email to [email protected] or in-person to the chamber offices at 1108 N. Kilgore St. by noon on Fridays to be considered for the weekly review. Notice of approval will be delivered to applicants the following Friday by email. Being a Chamber of Commerce member is not a prerequisite of the program.
 
“We are honored to be working alongside KEDC and The City of Kilgore to assist the businesses who make Kilgore, Texas, the best place to Live, Learn, Work and Play," said Chamber President/CEO Jill McCartney.  “We understand that many of the small businesses are feeling a very serious strain on their finances and could use some additional assistance outside of what the government is offering, Kilgore Cares is just another reason why we are "The City of Stars."
 
For applications and information on programs and resources for businesses and community members affected by COVID-19 visit www.kilgore-edc.com/covid-19  and www.kilgorechamber.com/covid19.
 
“The vibrancy of Kilgore is a direct result of the many amazing small businesses in our community that make Kilgore that special place we call home,” Kilgore Mayor Ronnie Spradlin said. “That’s why we welcome the opportunity to partner with Kilgore Economic Development Corp. for funding and the Kilgore Chamber of Commerce to administer the COVID-19 Small Business Resource grant. The City is sensitive to the challenges our businesses and residents are experiencing, and we want to provide as much support as we can during this unprecedented time in our City’s history.”
 
COVID-19 Crisis Economic Development Performance Agreements are for industrial employers. It will be managed by KEDC according to typical KEDC retention practices.
 
 
 

 

 
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