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Legislature opts to fully fund state grant program

Friday, May 8, 2020   (0 Comments)
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Lawmakers have agreed to spend more than $100 million more than initially allocated in order to fully fund the state's "Ready for Business" grant program.

 

The Arkansas Legislative Council on Friday moved to cover the total amount of money requested in grants from Arkansas businesses. The funding is intended to defray costs of personal protective equipment, cleaning supplies and other items to help businesses reopen safely and protect employees and customers.

 

Arkansas businesses requested more than $147 million in grants during the two-day application process. Legislators had initially allocated $55 million for the program. 

 

Read more at  https://www.arkansasbusiness.com/article/131286/legislators-ok-more-money-for-ready-for-business-grants


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