December 22, 2020
 • 
Industry News

NYT: Stimulus Offers $15 Billion in Relief for Struggling Arts Venues

The Save our Stages Act has been included in the latest piece of legislation from Congress for Coronavirus relief which is a huge victory for music, theatre, and cultural venues across the country!

"The bill allows independent entertainment businesses, like music venues and movie theaters, along with other cultural entities, to apply for grants from the Small Business Administration to support six months of payments to employees and for costs including rent, utilities and maintenance. Applicants must have lost at least 25 percent of their revenue to qualify, and those that have lost more than 90 percent will be able to apply first, within the first two weeks after the bill becomes law."

Click here to read the New York Times article by Ben Sisario and Emily Cochrane, here.

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