Missouri Governor Mike Parson Announces $50 Million in New Grant Programs for Missouri Businesses

$30 Million Small Business Grant Program

The Small Business Grant Program was developed to provide relief to small businesses and family-owned farms for reimbursement of business interruption costs due to the COVID-19 crisis. This program is available to for-profit businesses and family-owned farms that employ 50 or fewer employees. Funds can be used to cover facility redesign and labor, air filtration systems, e-commerce website design, worker salaries during closure or reduced hours, and necessary costs to make the business more resilient as a result of COVID-19, among others.

$20 Million PPE Retooling Grant Program

The PPE Production Grant Program is designed to increase production of personal protective equipment (PPE) needed to help contain the spread of COVID-19. The new program will help companies produce PPE in Missouri as part of the state’s Show Me Strong Recovery Plan. This program assists manufacturers by awarding grant funds to reimburse companies facing high PPE production costs. Eligible uses for awarded funds under the PPE Production Grant Program include purchasing equipment and retooling, upgrading, or expanding facilities to increase PPE production. Funding for these programs comes from the CARES Act. The programs will be administered through the Department of Economic Development. Businesses interested in the programs can learn more and apply at ShowMeStrong.mo.gov.