City commits nearly $7M to Fighting Chance Fund

ST. PETERSBURG — The city of St. Petersburg has committed $6.8 million to the Fighting Chance Fund, an emergency grant for locally owned and independently operated small businesses in the city negatively impacted by the coronavirus pandemic.

“The fund is expected to provide critical support to about 1,000 restaurant, bar, retail and service-based businesses and their more than 3,000 eligible employees,” the city states on the fund’s website. “The city's goal is to help offset the significant, temporary loss of revenue during this global pandemic.”

The program provides grants — not loans — in the form of $5,000 to impacted eligible businesses and $500 to impacted eligible individuals. For more information or to apply, follow this link.