State adds $20 million in funds, adjusts timeline for small business grant program

State adds $20 million in funds, adjusts timeline for small business grant program

CARSON CITY – The response to the Pandemic Emergency Technical Support (PETS) grant program within its first two days has been so great that the deadline has been shortened and the cash post has been doubled.

On Wednesday Gov. Steve Sisolak announced an additional $20 million in grants will be available to small businesses, nonprofits and arts and culture organizations who’ve been impacted by the COVID-19 pandemic. However, the application period has shortened, with the closing date set to Thursday, Oct. 22 at 5 p.m.

“I am pleased to see so many small businesses throughout Nevada taking advantage of this new, streamlined program to get access to relief funding and help stimulate our economy during this crisis,” said Gov. Sisolak when the announcement was made.

Nevada Treasurer Zach Conine said his office and the Governor’s Office of Economic Development “will work diligently to review all submitted applications and vet for eligibility and will then distribute grant funds to successful applicants throughout the month of November and until all funds are exhausted.”

Read more about the PETS grant program in our report from yesterday.