Governor Little recently announced that Idaho will devote $300 million of its $1.25 billion in federal coronavirus aid to a new program to provide grants of up to $10,000 to small businesses in Idaho impacted by the pandemic.
Little said details on the new “Idaho Rebound Grants” program will be announced shortly. Businesses will be eligible if they haven’t already received an SBA-backed Paycheck Protection Program loan or if they received less than $10,000 under that program.
The criteria and process to apply will be made available at rebound.idaho.gov at 9 a.m. May 5. Applications will be accepted starting May 11. The Idaho State Tax Commission will facilitate the applications.
To apply, you will need to create a Taxpayer Access Point (TAP) account if you do not already have one. You are encouraged to create a TAP account as soon as possible, well in advance of the application period opening on May 11.
For more information about this process, go to https://rebound.idaho.gov/idaho-rebound-cash-grants-for-small-businesses/


