Restaurant Revitalization Fund
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023. Learn more.
Rapid City to Go
Is your business offering curbside/carry-out/delivery services in response to social distancing precautions of the coronavirus? Be sure to join our Facebook Group and share! We created this group to help you share the message and encourage people to continue to support Rapid City businesses while also maintaining Social Distance. Need help with ideas of how your business can adapt? Contact us!
Child Care Loan & Grant Program
The Elevate Rapid City Child Care Loan and Grant Program assisted two child care providers that experienced economic challenges as a result of COVID-19. These short-term, interest-free working capital loans were to assist child care providers with working capital during the fall semester when schools reopened and parents returned to work. Loans supported two child care providers and totaled $30,000.
Road to Recovery Packet
Download your free Road to Recovery Packet from Elevate Rapid City. Inside you'll find resources and information to help your business open under the current Rapid City resolution during COVID-19.
Emergency Bridge Loan
The Elevate Rapid City Emergency Bridge Loan assisted 18 small business owners located in the Rapid City area that experienced economic damage as a result of COVID-19. Loans were awarded up to $15,000 per eligible business and totaled $219,500. Learn more.