EAST HADDAM, CT (WFSB) - The American Rescue plan isn't just aimed at helping people and businesses.
It's also looking to support live venue operators, performance organizations, museums and movie theaters.
Rep. Joe Courtney and theater executives were outside of the Goodspeed Opera House in East Haddam at 1:30 p.m. Wednesday to talk about it.
They announced the upcoming opening of applications for the Shuttered Venue Operators Grant (SVOG) program. The SVOG program was established by H.R. 133, which Courtney helped pass in December, and was reinforced by the American Rescue Plan Act. The new program is administered by the U.S. Small Business Administration (SBA) and targets support specifically towards venues such as Goodspeed.
They also spoke more about the needs and uses for the new funding, and to urge eligible venues to prepare to apply when SBA brings the program live on April 8.
In December, H.R. 133 authorized $15 billion for the SVOG program. The America Rescue Plan authorized an additional $1.5 billion to assist shuttered live venues, which have all suffered financially during the COVID-19 pandemic. The program also includes $500,000 for technical assistance to help qualifying venues apply, and the American Rescue Plan now allows venues to apply for both the SVOG program and PPP loans.