Ryan Drane, President of Graves County Economic Development had this to say about the fund, “These are certainly unprecedented times and our business owners need all of us now more than ever. Managing this fund through the Mayfield Community Foundation will allow for transparency and for 100% of the funds to go towards assisting those small businesses that need it the most.”
"In working closely with the business community during the COVID-19 pandemic, it has become apparent that we have businesses that either don’t qualify for the federal programs or have not received assistance yet. I am thankful that GCED and the Chamber are able to use their resources to help our local businesses when they need it most,” said Denise Thompson, President of Mayfield/Graves County Chamber of Commerce.
Graves County Economic Development has designated a portion of their funds to create the grant, but the community is encouraged to donate, as well. The grant will be open Wednesday, April 22nd at 10:00 a.m.
If you are interested in making a tax-deductible contribution, you can make it online by visiting www.mayfieldgraveschamber.com or simply stop by any 1st KY Bank location and make your check out to the Mayfield Community Foundation referencing the Small Business Fund in the memo line. Any amount will be accepted. The grant is designed to have participation from local businesses and community members alike. For additional assistance regarding a contribution, please contact Denise Thompson, Mayfield/Graves County Chamber of Commerce President at 270-705-0182 or denise@mayfieldgraveschamber.com.
Qualifying small businesses are considered to have 1-25 employees. Preference will be given to brick & mortar businesses that have their main location in Graves County. Franchisee businesses are eligible to apply if the owner is a Mayfield/Graves County resident. Funds can be used to pay rent/mortgage, payroll and utilities. Applicants will be scored based on a number of criteria. The scoring sheet will be provided with the application.
Applications will be available on Wednesday at 10 AM via the Chamber’s website www.mayfieldgraveschamber.com or by following Graves County Economic Development, Mayfied/Graves County Chamber of Commerce or Mayfield Strong Together on Facebook and clicking on the application link.
