Gulf Power, in partnership with the Florida SBDC at UWF, has created the Northwest Florida Small Business COVID-19 Recovery Grant Program. Gulf Power will fund the grant with a contribution of $250,000. The maximum grant amount is $5,000. Each applicant OR business can only receive one grant. The Florida SBDC at UWF will assist eligible for-profit businesses with applying for the grant, UWF will distribute the appropriate funds to businesses who have been awarded the grant, and a third-party review board will be created to review applications. The review board will determine eligibility, and approve the award of grant funding to each applicant on a case-by-case basis using the parameters listed below. The COVID-19 Grant is intended to assist for-profit businesses located in select Northwest Florida counties, and address their immediate cash flow needs as a result of demonstrated economic injury due to COVID-19.