New Hampshire GAP Fund
Applications for the New Hampshire General Assistance & Preservation (GAP) Fund will open on Tuesday, July 21, 2020, on the GOFERR and BFA websites
The Governor has authorized the allocation and expenditure of $30M of CARES Act Coronavirus Relief Funds (“flex funds”) for the New Hampshire General Assistance & Preservation (GAP) Fund to provide emergency financial relief to New Hampshire businesses and nonprofit organizations impacted by the COVID-19 pandemic, but that have been unable to access support from other existing state and federal programs.
Eligibility for the GAP Fund, include but are not limited to:
For-Profit eligibility criteria:
- Be a for-profit business
- Have at least one (1) non-owner employee
- Have its principal place of business in New Hampshire or conduct a significant portion of it operation in New Hampshire
- Demonstrate that the business was fully operational prior to March 13, 2020
- Not currently be in bankruptcy
- Not have permanently ceased operations
- Be in Good Standing with the New Hampshire Secretary of State
- Demonstrate a quantifiable financial impact on their business due to the COVID-19 pandemic
Not-for-Profit eligibility criteria:
- Be a nonprofit organization that is not a 501c(3) or 501c(6)
- Have its principal place of operations in New Hampshire
- Administrative expenses due to COVID-19 that are in compliance with IRS rules and regulations for business expenses
- Have a primary purpose that is not lobbying and/or legislative advocacy
- Not currently be in bankruptcy
- Not have permanently ceased operations
- Be in Good Standing with the New Hampshire Secretary of State
- Demonstrate a quantifiable financial impact on their business due to the COVID-19 pandemic
Note: Receipts of Coronavirus Relief Funds from any other State program is not an automatic disqualification, however the amount of such assistance will be taken into consideration for eligibility and the amount of any award. Additionally, a business where the only employees are owners of the business are not eligible for grants under the GAP Fund as an alternative relief program was designed to address the need of these entities using CARES Act Coronavirus Relief Funds (“flex funds”).
Important Dates & Timeline
- Application Period – July 21, 2020 – August 4, 2020
- Application Verification Period – August 5, 2020 – August 18, 2020
Instructional webinars to review the GAP Fund application process and are highly recommended to any prospective applicant and available on the following dates to register:
Applications
For-Profit and Nonprofit GAP Fund applications are available here
Please fill out the appropriate form, below, which is required to submit as part of the corresponding application.
Each application has a separate worksheet that is required to be submitted:
Microsoft Excel File (.xlsx) . Visit nh.gov for a for information regarding viewing this file format.
Portable Document Format (.pdf) . Visit nh.gov for a list of free .pdf readers for a variety of operating systems.
