Please note: If you have previously applied for a Carroll Rebound II retail grant and were awarded a grant, you are NOT eligible to reapply.
Full time employees** are counted as working 30+ hours per week. Accordingly, grants will be awarded as follows:
Sole proprietors / businesses with five (5) or less full-time equivalent employees, $3,000*
Businesses with six (6) or more full-time equivalent employees, $5,000*
(* – Business must be located in a commercial/industrial zoned district.)
(** – The calculation of full-time equivalent (FTE) is an employee’s scheduled hours divided by the employer’s hours for a full-time workweek. For example, an employer has a 30-hour workweek, employees who are scheduled to work 30+ hours per week are 1.0 FTE. Employees scheduled to work 15 hours per week are 0.5 FTE.)