Micro-E Grant Pre-Screening Questionnaire

Thank you for using this pre-screening tool. This is only the first step in a multi-step process. It is intended to ensure that when you complete the grant application, you will meet the eligibility requirements and have all the documents that are needed to move forward. Having the documents pulled together for the application is important. If your application is submitted without key materials, your application will be voided.
The City of Providence has accessed additional Federal CARES Act funding to offer a Micro-enterprise Grant and partnered with the Local Initiatives Support Corporation (LISC) Rhode Island to implement the program. The grant is designed to assist small enterprises that have been impacted by COVID-19 and provide up to $10,000 for qualifying businesses. Funds may be used for working capital to cover business costs such as rent, staffing and utilities. 

To qualify, you must be a business entity in Providence with no more than five employees, and one of the employees must be an owner. The business owner's total household income must be 80% or less of the Area Median Income (AMI) as shown on line 8 of your tax returns. For Providence, that amount ranges from $48,750 to $91,900, depending on family size (For one person, the income limit is $48,750; for two people, the income limit is $55,700; for three people, the income limit is $62,650; etc. Please check here).

In addition to these income qualifications, businesses must also be:
  • A for-profit entity (sole proprietorship, partnership, corporation or LLC)
  • Be physically located in Providence
  • Provide goods or services to multiple clients or customers
  • Be in good standing with the State and the City of Providence (be current on taxes; maintain active and valid State licenses, if applicable; and not be a party to litigation involving the State or Providence.)
  • Be able to document a loss of income of at least $1,000 due to COVID-19
  • Have been established in 2019 or earlier
  • Have annual gross revenue greater than $25,000 as documented on 2018 or 2019 tax returns
  • Not listed as an excluded business category
Several categories of businesses that are not eligible to apply include: 
  • Cannabis-related businesses
  • Real estate rentals/sales business
  • Businesses owned by persons under age 18*
  • Businesses that are franchises or chains
  • Liquor stores
  • Weapons/firearms dealers
  • Lobbyists
  • Persons operating as independent consultants/contractors and providing services to a single entity
  • Home-based businesses that are restricted to patrons below the age of 18.
* Micro-enterprises owned by persons age 18+ are generally ineligible, unless the owner is the sole means of financial support for other family members. 

Required documents include:
  1. Driver's License or State-Issued Photo ID
  2. Personal tax returns for all adults living in the household and filing separately (2019) 
  3. Business tax returns (2018 or 2019)
  4. Copies of payrolls for most recent pay period and pay period ending on/before 10/2/2020
  5. Documentation of revenue for impacted period in 2020, and for the same period in 2019
Once you have completed this pre-screening questionnaire and have been deemed eligible, you will be contacted by email with a link for the application forms. Completed applications will be processed by LISC Rhode Island in the order they are received.

If you do not meet these criteria and are looking for further assistance and other resources, please call (401) 521-HELP (4357).

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* 1. Applicant

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* 2. Answering for the business owner: How many family members currently live at your home address, including any dependent children living outside the home?

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* 3. Are there any other business owners, and if so, what are their names?

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* 4. Do you certify that you meet income restrictions for this program, specifically that you are at or below Area Median Income for Providence based on your family size.

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