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30 New Albany businesses receive grants derived from CARES Act funding ThisWeek group New Albany has disbursed $200,000 in Coronavirus Aid, Relief, and Economic Security Act money to 30 businesses across the city. The CARES Act is a $2.2 trillion economic-stimulus package enacted by the federal government in March in response to the COVID-19 coronavirus pandemic. In November, the city created the New Albany CARES Small Business Grant Program to assist small businesses with at least two but no more than 50 employees in the community’s corporate boundaries. The city had received federal funding for COVID-19 relief earlier this year, and New Albany City Council members wanted to designate some of those funds to assist small businesses in the community, city spokesman Scott McAfee said.

Gary seman jrJoseph stefanovPaul weinperHayley deeterSloan spaldingScott mcafeeCity councilSmall business grant programAlbany chamberAlbany city councilCoronavirus aidEconomic security actNew albanyBusiness grant programNew albany city councilHayley gallery