NCIFCares II Grant Program has a program allocation of $400,000 to be deployed in $5,000 grants to 80 businesses.

What is NCIFCares II Grant Program?

NCIFCares II is the second round of grant-making with a $400,000 allocation to support small business customers of NCIF Network Banks impacted by COVID-19 pandemic and which are located in or serving low-income communities.

How much is the Grant and how can it be used?

NCIF Network Banks have a maximum allocation of $20,000 for up to 4 small business customers. The grant size is $5,000. The use of the grant is unrestricted. Examples include rent, utilities, payroll, supplies, repairs and maintenance.

How do small businesses apply?

Small businesses must be sponsored by a NCIF Network Bank who has agreed to sponsor the application after evaluating eligibility criteria and any additional criteria.