Ciresi Aiming for ‘Ultra-Small Business’ Grants
ROYERSFORD PA – Legislation that would offer grants to so-called “ultra-small businesses,” those with less than $3 million in gross annual receipts or fewer than 30 full-time employees, will be reintroduced during 2021 by Lower Pottsgrove and Limerick state Rep. Joe Ciresi and a colleague representing three western Pennsylvania residents, they said Wednesday (Dec. 30, 2020).
The bill to offer a total of $50 million in grants, supported by federal CARES Act money, for the state’s smallest businesses appeared during the 2020 session as House Bill 2452 but was never voted on. CARES Act funds have dried up; the new version would allocate money from the state’s Rainy Day Fund.
“When local ‘Mom and Pop’ businesses shut their doors, communities die. We can’t let that happen,” Ciresi said.