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Perlmutter Announces $8.4 Million in COVID-19 Relief for Local Performing Arts Venues in CD7
Washington, D.C., July 27, 2021
Tags: Jobs & the Economy
Washington, D.C. – Today U.S. Rep. Ed Perlmutter (CO-07) announced 16 venues and live venue operators and promoters in Colorado's 7th Congressional District will receive more than $8.4 million in Shuttered Venue Operators Grants (SVOG), as of July 26, 2021. Perlmutter voted to establish the program as part of the American Rescue Plan, which provides support to hard-hit businesses and operators in the music and entertainment sector that were forced to shut their doors due to pandemic restrictions. Notable businesses include the Arvada Center for the Arts and Humanities, City of Lakewood Cultural Center, Adams Mystery Playhouse, Morrison Theater Company, and the Colorado Railroad Historical Foundation.
“The American Rescue Plan created the Shuttered Venue Operators Grant program to provide critical funding to some of the businesses hardest hit by the pandemic," said Perlmutter. "These local businesses not only create good jobs and contribute to our local economy but also contribute to the spirit and local culture of our community, and I'm glad to see them get much-needed assistance as we emerge and recover from the COVID-19 pandemic."
The SVOG program was initially plagued by technical challenges, which have since greatly improved. Recently, the U.S. Small Business Administration (SBA) recently announced over $7.5 billion in grants to more than 10,000 hard-hit live entertainment small businesses, nonprofits and venues.
The Small Venue Operators Grant (SVOG) program was established and appropriated more than $16.2 billion for grants via the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and the American Rescue Plan. Eligible applicants may qualify for grants equal to 45% of their gross earned revenue up to a maximum amount of $10 million for a single grant. For more information about the SVOG program, click here.