May 08, 2020

Dime Small Business Grant Program

Dime Community Bank recognizes that not all local businesses may qualify for the SBA’s PPP Loan Program or EIDL Program and has created the Small Business Grant Program (SBG Program). The SBG Program is designated to be a resource for those small businesses that may not qualify for government programs.

If your business or you know of a small business in your community that has been impacted by the COVID-19 Pandemic, and would possibly qualify for the SBG Program, please apply or nominate a business here.

Application window closes on May 22nd.

Dime’s Small Business Grant Program gives grants between $3,000 to $10,000 to qualified businesses.

Qualifications

  • Must have 10 or less current full/part time employees
  • Located within Dime’s Retail Branch Area and surrounding neighborhoods.
  • Must have been in business for two years (Since May 1, 2018)
  • Small Business with up to $2M in Gross Annual Revenue in 2019

Funds
The funds awarded in this grant program may be used for one or more of the following:

  • Working capital
  • Inventory or supplies
  • Machinery or equipment

If you have any questions please contact Leah Archibald.