OWEN COUNTY ECONOMIC RECOVERY PLAN
Owen County is standing up in this COVID-19 crisis to help businesses and nonprofits that characterize and sustain our community. These organizations and their employees need our immediate help.
The Owen County Community Foundation, along with the Owen County Chamber of Commerce and EDC has worked to put together an Economic Recovery Plan. This plan will utilize funds to create an Owen County COVID Recovery Fund (OCCRF) to assist Owen-based businesses and nonprofits with short term funding support during the COVID 19 Emergency. The goal is to help these employers maintain solvency pending CARES Act Phase III and other federal, state, and local funding relief. The fund is intended to assist small local businesses and nonprofits that are low on capital to retain employees and otherwise maintain economic viability. These funds are to be a support to the organizations existing recovery plan. Funds may be used as a bridge grant until additional bank or SBA funding becomes available.
The OCCF and The Chamber of Commerce hope to have the applications for these grants ready for the general public later this month. The Bridge Grants, in combination with other non-funding relief mechanisms, will help Owen County weather this storm and provide recovery support to our community that is in this together.
If you are interested in donating to the Owen County COVID Recovery Fund, please call 812-829-1725 or 812-829-3245.