Notice: As of August 20, 2021, SVOG is no longer accepting new applications.
SUPPLEMENTAL ELIGIBILITY EXPANDED
Good news for those SVOG grantees, who did not qualify for a Supplemental Grant based on not being able to show at least a 70% loss, comparing either your First Quarter (Q1) or Second Quarter (Q2) FY2019 gross revenue with either of the same quarters of FY2021. Because of the impact of the Omicron variant in the fall of 2021, the SBA has generously decided to soon unveil a new opportunity to re-qualify for a Supplemental grant by now allowing you to compare Q3 or Q4 of your FY2019 gross revenue with either of the same quarters of your 2021 gross revenue. For those grantees that this applies to, the SBA will contact you via email soon with an Actionable Item that will also appear in your SVOG portal. For those grantees who already qualified for their Supplemental, this expanded ruling does not affect you.
FINAL BUDGET ACTION ITEMS
The SBA has begun issuing Final Budget Action Items on a rolling basis to SVOG grantees this week. Look for an email and the action item to appear in your portal in the coming days.
PENDING SVOG RECONSIDERATION 2.0 APPLICATIONS
There are still just under 200 SVOG Reconsideration 2.0 applications pending with the SBA. Please let me know ASAP if your application is stuck in this review process and if I can assist. Please e-mail me at ArtsActionFund@artsusa.org.
NEW SVOG COST COMPLIANCE FAQs RELEASED
So many SVOG grantees have been waiting for this written guidance on allowances for using your SVOG funds appropriately. Please take the time to dig into this 26-page FAQ cost compliance document before completing your Final Budget Action Items or Close Out.
UPDATED POST-APPLICATION GUIDANCE RELEASED
There is some important Post-Application Guidance information added to this previously released document about federal audit requirements and the SVOG grantees that they may apply to.
SBA WEBINARS COMING SOON AND WILL FEATURE SBA SPECIALISTS BY ENTITY TYPE
Stay tuned for details.