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Introducing the Hospitality Industry Relief Emergency Fund (HIRE)

Jessica Buchholz by Jessica Buchholz, Events Coordinator | March 20, 2020
HIRE Fund_One Pager

This morning Governor Laura Kelly has announced the HIRE Fund (Hospitality Industry Relief Emergency) Fund. It’s pretty straight forward: The $5 million loan program will offer loans up to $20,000 at 0% interest for a term of 3 years with deferred payment of 4 months (1st payment due 120 days from initial disbursement date).

Here’s how the program will work:

Eligibility

* Existing for profit business located in Kansas

* Must have 100 or fewer employees

* Restaurant, bar, lodging facility (not Airbnb), conference center, event center (related hospitality businesses not listed may be approved on a case by case basis).

Geographic Distribution of Funds

* $2 million will be allocated to the KC Metro Area (Johnson, Wyandotte, Shawnee and Douglas counties)

* $1 million will be allocated to Sedgwick County

* $2 million will be allocated to the rest of the state

* A total of $5 million will be distributed through the state

Applicants can find the program overview and application on the Kansas Department of Commerce website, at kansascommerce.gov/HIREfund In addition, a brief introduction, as well as an overview document and a link to the application, is available on the www.networkkansas.com website.

About the Author

Jessica Buchholz, Events Coordinator

Jessica Buchholz is the Community Development Coordinator for Emporia Main Street in Emporia, Kansas. She specializes in event planning, volunteer recruitment, alternative marketing, media/public relations and fundraising. During Jessica's tenure at Emporia Main Street, she has helped grow events to an international level and she has created a series of new activities to meet organizational goals.

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