OKC VeloCity | OKC launches program to help live performance venues

OKC launches program to help live performance venues

By Staff Reports / Economy / August 26, 2020

Starting Aug. 27, owners and operators of live performance venues in Oklahoma City may go to okcSmallBizHelp.com to apply for COVID-19 disaster relief funds from the City of Oklahoma City’s Small Business Continuity Program.

The Oklahoma City Council approved $2 million for a new program to help live performance venues in Oklahoma City struggling after months of cancelled performances, events and community gatherings.

Performance venues may apply for up to $250,000 for lost revenue, payroll and other eligible expenses. To qualify, venues must demonstrate that 50% or more of their revenue is derived from paid performance tickets.

The application for the performance venue program will remain open until all funds are allocated, on a first-come, first-served basis. Only businesses located in Oklahoma City are eligible. Visit okc.gov/citylimits to see a map.

“This assistance will help preserve our access to cultural events, live entertainment and performing arts. These businesses have seen dramatic revenue decreases over the past five months,” said Cathy O’Connor, president and CEO of The Alliance for Economic Development of Oklahoma City. “We want to make sure Oklahoma City protects these important assets in our community.”

Background

The City of Oklahoma City, the Alliance and the Greater Oklahoma City Chamber built the framework for the Small Business Continuity Program. It’s based on research of what other communities are doing nationally and globally to save their local small businesses as the COVID-19 pandemic continues.

 

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