Federal government reopens grant applications for movie theaters, entertainment venues after failed launch

Federal government reopens grant applications for movie theaters, entertainment venues after failed launch [ad_1]

A son hugs his mom as a concessions employee palms over napkins and soda contained in the AMC movie theater on the Westfield Century City shopping center in Los Angeles, California, on Monday, March 15, 2021.

Bing Guan | Bloomberg | Getty Images

The Small Business Administration introduced Friday that it’s going to reopen an software portal on Saturday for struggling occasion venues, movie theaters and different efficiency teams to use for Covid reduction grants.

The portal will start taking applications on a first-come-first-serve foundation Saturday at 12:30 p.m. ET.

The federal company briefly suspended this system, referred to as the Shuttered Venue Operators Grant, resulting from technical glitches throughout its launch on April 8. The botched rollout angered these within the business who’re desperately ready for some help.

More than $16.2 billion has been allotted to assist preserve entertainment venues, museums and performing arts organizations in enterprise till in-person occasions can resume safely.

“We recognize the urgency and need to get this program up and running,” mentioned Barb Carson, deputy affiliate administrator of SBA’s Office of Disaster Assistance, in a press launch.

To guarantee a extra seamless software course of, the SBA mentioned it improved safety mechanisms within the software portal and added a ready room function to fight the massive inflow of candidates.

“With venue operators in danger of closing, every day that passes by is a day that these businesses cannot afford,” mentioned Carson. “We remain dedicated to delivering emergency aid as quickly as possible and will begin reviewing the applications on Saturday as they are submitted.”

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