Relief Money Announced For Small Businesses

(Providence, RI)--The governor announcing yesterday that two-hundred-million dollars of federal coronavirus relief money will be used for economic development.Half of that dollar amount will be used to help small businesses.Of that fraction, 50-million dollars will go out in direct cash assistance to help businesses with the re-opening expenses they have incurred.Twenty percent of the funds will be set aside for minority-owned businesses.

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