The U.S. Small Business Administration (SBA) recently issued new guidance for the Shuttered Venue Operators Grant (SVOG) program, but the agency still cannot say when the program will start accepting applications.
The SVOG will provide eligible applicants with grants equal to 45% of their gross earned revenue, up to a maximum of $10 million. Eligible entities include live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theater operators and talent representatives.
The fresh SBA guidance, issued March 5, includes two new documents and an updated list of FAQs. The guidance, however, does not include the SVOG application itself.