The State Treasurer’s Office and the Governor’s Office of Economic Development would like to provide a brief update regarding the status of the program.
During his State of the State address on January 19th, Governor Sisolak called on the Legislature to approve an additional $50 million dollars for the PETS program to continue supporting small businesses during the pandemic. This funding is in addition to the $51 million that has previously been allocated for the program, bringing total funding to $101 million.
The Governor has asked the Legislature to prioritize approval of these funds once it convenes on February 1 so the additional funding can be allocated to applicants as soon as possible. If approved, the State intends to continue funding the small businesses that submitted applications for the PETS program from October 19 – October 22, 2020.
Click the button below for a list of Frequently Asked Questions, which can help to answer many of the questions you may have concerning your application.
We understand that this is a challenging time for many small businesses across the State. Thank you for your efforts in keeping your fellow Nevadans safe and to powering our economic recovery.
Funding may be available to small businesses, non-profits, arts and culture organizations and local Chambers of Commerce to cover different expenses related to working capital (rent, inventory, payroll, utilities, etc.), protective equipment (PPE) and protective retrofit due to the COVID-19 Pandemic.
The PETS grant is intended to assist businesses and organizations during the COVID-19 health crisis - especially those establishments such as bars, pubs, taverns, breweries, and wineries, restaurants, as daycare facilities, and other service oriented businesses - who have experienced temporary closures or a severe downturn in revenue.
Payments will be made directly to applicants for selected eligible expenses they would like to cover with requested funding.
Pandemic Emergency Technical Support Grant will be administered through the State’s vendor National Development Council (NDC).
• Businesses and non-profits can receive $10,000 for any eligible expenses;
• Chambers of Commerce:
o serving less than 10 businesses can receive $10,000;
o serving more than 10 businesses can receive $20,000;
• Arts and Culture organizations can receive $20,000.
To be eligible to receive grant funding under the program, an applicant must:
• Have experienced and can demonstrate financial hardship due to COVID-19;
• Have a physical location in State (includes home-based businesses);
• Have an active business license prior to March 1, 2020 and be in good standing with the State (no liens or judgments, etc.);
• Be a for profit business that have no more than 50 employees;
• Be a for profit business that have an annual gross revenue under $4 million;
o Non-profits, Chamber of Commerce, and arts and culture organizations will not have an employee or gross revenue requirement.
• Publicly traded companies and their subsidiaries;
• Entities which became operational after March 1, 2020;
• Those who are not physically located in the State;
• Businesses with gross annual revenue greater than $4 million;
• Businesses with more than 50 employees;
• Businesses illegal under federal law;
• Any state (owned) arts and culture organization.
Funding may be available to cover different expenses related to working capital (rent, inventory, payroll, utilities etc.), protective equipment (PPE) and protective retrofit due to the COVID-19 Pandemic. Applicants will be required to select any of the following eligible expenses:
General Expenses for working capital
• Utility bills;
Protective Equipment and Protective Retrofits
• Personal protective equipment (PPE);
• Supplies for cleaning and sanitation;
• Expenses related to retrofitting in order to comply with social distancing and other health guidelines.
All applicants will be required to provide following documents applicable to their business and/or organization:
• Copy of Nevada State Business License (not applicable for non-profit organizations);
• W-9 Form Request for Taxpayer Identification Number and Certification;
• Articles of Incorporation or other relevant organization documents;
Applicants will be required to complete a simple application form, and upload required documentation directly in the form.
Pre-Application process: Applicants will be asked several questions and this step will immediately determine if applicants will qualify.
Determination of Expenses: If applicants pass the qualification process, they will be able to select the applicable grant award level and their individual plans for use of the grant funds by selecting which expense category they need.
Applicant affirmation/self-certification: All applicants will be required to certify that their business or organizations was closed or was negatively impacted as a result of COVID-19 and/or Governor’s Directive 010: Stay at Home Order, resulting in a material financial need; outline the economic impact caused by COVID-19 and certify their revenues for both pre-and mid-pandemic; and will be required to affirm that all information provided in the application is accurate and that funds will be used for the purposes and amounts specified in the application.
Uploading required documentation: Last step will be to upload required documents to qualify for grant.
All successful grant applicants should keep records of expenses made under this program in the event of a possible audit. This will include all the Covid-19 related purchase receipts, capital expense receipts and payments records.
To view frequently asked questions and answers, click here.
For general questions about the PETS Program please submit your inquiries at: