On the onset of the COVID-19 pandemic, the Navasota Economic Development Corporation was quick to respond and approve a Small Business COVID-19 Relief Grant. The grant was designed to assist small Navasota businesses and provide short-term, immediate financial aid. The first round of grant funding opened Wednesday, April 29, 2020 and closed Wednesday, May 6, 2020. In the first round, the Navasota Economic Development Corporation was able to award all 36 applicants grant funds. The second round of grant funding opened Monday, May 18, 2020 and closed Friday, May 22, 2020, with all 23 applicants receiving funding. The NEDC was able to assist a total of 59 small businesses and independent contractors, which was 100% of the applicants, totaling $52,750 in grant funds distributed. The types of industries that received funding varied greatly. Examples of industries supported with the grant funds include, but are not limited to: Accounting Firms, Barber Shops, Beauty Salons, Bed and Breakfast Inns, Boutiques, Car Washes, Commercial and Industrial Machinery Repair, Computer Repair Shops, Cosmetologists, Daycare Facilities, Event Rental Companies, Family Clothing Stores, Floor Covering Stores, Floral Shops, General Contractors, Hotel/Motels, Insurance Agencies, Laundromats, Landscaping Services, Manufacturing Firms, Mobile Food Services, Nail Salons, Offices of Dentists, Offices of Lawyers, Real Estate Agencies, Restaurants, Retailers, Sports Bars, Tax Preparation Services, Tire Shops, Travel Agencies, and Used Merchandise Stores.
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