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Plymouth Area One Fund

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What is the
The Plymouth Area One Fund was established in collaboration with Masks4Meds and the Plymouth Area Chamber of Commerce in an effort to support the vibrancy of Plymouth’s small business community during the COVID-19 pandemic and provide important resources in the form of financial support to help ease the impacts of the global pandemic. However the long-term goal is to continue the initiative indefinitely to ensure small businesses have options for support when experiencing financial hardships. Since 2020 The Plymouth Area Chamber of Commerce, a trusted local foundation, has been the operating organization which oversees the foundation, grant awards and fundraising efforts to continue to grow this important fund for our small business community.

 

Small businesses are the backbone of our community and what makes our towns, special, vibrant and attractive to live, work, visit and enjoy! The Plymouth Area Chamber of Commerce will always be committed to doing all we can to help our local business community and ensure they are strong and vibrant and provide support to those who may need immediate assistance when faced with unexpected hardships. We recognize that having the Plymouth Area One Fund available is imperative to maintain the integrity and vitality of our small businesses.

Eligibility Requirements

  • The Plymouth Area One fund is for small businesses, who are independently owned and operated and have been impacted by an unexpected hardship and meet the qualifications outlined in the “Who should apply” below.
  • Businesses must be in a good financial standing with banks, creditors, financers, and vendors.
  • Applications must be submitted within 60 days of hardship.

Grant Conditions

  • Grant proceeds must be used for operational expenses for your business, marketing, and/or expert consultants. Documentation is required at the time of submittal.
  • Grants may not be used for capital expenses or payment of taxes or assessments.
  • Businesses cannot apply for a grant more than once in a 5-year span.
  • Typical grant awards will be between $500-$5,000 to eligible small businesses.
  • You do not have to be a member of the Plymouth Area Chamber of Commerce to apply.
  • You must have a business or business address in one of the 9 towns the PACC serves.
  • Preference will be given to year-round businesses.
  • Financial statements must be submitted at time of application outlining the loss of business.

You should apply for the Plymouth Area One Fund if

  • You are a business with 20 full-time equivalent or less employees (per location applying for).
  • Businesses who have experienced hardships such as fires and floods (not natural disasters).
  • Family hardships such as deaths, deployments and long-term illnesses which require you to close your business for multiple days.
  • Robberies and/or vandalism over $5k
  • You have had a considerable financial loss due to unforeseen hardships.

What does not qualify for Plymouth Area One Fund funding

  • Closures or damages due to any weather-related events i.e.: Hurricane, Snow, Power Outages.
  • Unexpected business shutdown due to construction projects, including water, road work, anything DPW related.
  • If you have previously received funding from the Plymouth Area One Fund
  • Seasonal closures
  • Elective closures i.e.: jury duty, vacations, childbirth, funerals, and incarceration
  • You choose not to open although have the opportunity to do so, verses being forced to shut down

Your application will be kept confidential, except to those involved in the review process.

Applications can be submitted via email or mail to: [email protected] or Plymouth Area Chamber of Commerce, Attn: Plymouth Area One Fund, 100 Armstrong Road, Suite 204 – Plymouth, MA 02360.

Note: The Plymouth Area Chamber of Commerce Foundation is a 501(c)(3) tax-exempt and all contributions are charitable and tax-deductible.

Applications will be available on the Plymouth Area Chamber of Commerce website, plymouthchamber.com.

Plymouth One Fund

$

Donation Amount

Personal Info

Donation Total: $1.00

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