STATEHOUSE (Feb. 11, 2021) – The Indiana House of Representatives advanced legislation co-authored by State Rep. Alan Morrison (R-Brazil) to establish the Hoosier Hospitality Small Business Restart Grant Program, which would support Indiana's jobs and economy.
According to the Indiana Office of Tourism Development, the tourism industry employs more than 150,000 individuals and contributes roughly $9.3 billion to Indiana's economy. Morrison said unfortunately, a recent National Federation of Independent Business survey revealed small-business owners are worried about their business viability in 2021. Under this legislation, Morrison said struggling businesses experiencing significant losses due to the pandemic, like those in the tourism and hospitality industries, would be eligible to receive funding.
"Many of our locally owned businesses have been resilient and adopted new practices through this difficult time, but some still need support," Morrison said. "These grants could be another lifeline for small businesses and hard-hit industries as our economy fully recovers."
Morrison said this grant program would be an extension of the already existing Small Business Restart Program and would continue to be administered by the Indiana Economic Development Corp. Small businesses that qualify could receive a grant to put toward a portion of business and payroll expenses. In addition to state funding, the program could also receive contributions from federal grants, donations and other sources.
State Rep. Alan Morrison (R-Brazil) represents House District 42,
which includes all of Vermillion County and portions of Clay,
Fountain, Parke, Vigo and Warren counties.
Click here to download a high-resolution photo.