Page is loading...
Print Logo Logo


Applications Open April 8 for New Shuttered Venue Operators Grant


American Rescue Plan Act set aside $16 billion in grants for shuttered entertainment venues and similar entities

SBA will begin accepting Shuttered Venue Operators Grant applications on April 8

Live venue operators, promoters, theatrical producers, motion picture theater operators, talent representatives, and others are eligible for the special loan

A critical Small Business Association (SBA) grant program defined within the American Rescue Plan Act – signed into law last month – targets the entertainment industry and will begin accepting applications on April 8. The Shuttered Venue Operators Grant (SVOG) offers assistance to operators who have had to shut down their entertainment businesses and other venues due to the COVID-19 pandemic. 

According to the SBA, the following groups are eligible for this grant if they were in operation on Jan. 1, 2019:

  • Live venue operators or promoters
  • Theatrical producers
  • Live performing arts organization operators
  • Relevant museum operators, zoos and aquariums who meet specific criteria
  • Motion picture theater operators
  • Talent representatives
  • Each business entity owned by an eligible entity that also meets the eligibility requirements

These groups will be eligible to receive the lesser of 45% gross earned revenue or $10 million.  Entities who began operating after Jan. 1, 2019, may still be eligible for funds.  

Once the applications are open, the SBA is expected to allocate funds in three tranches, prioritized based on entities’ revenue lost due to the pandemic.  The first two weeks’ awards will be granted to entities with 90% or more loss of revenue, the second two weeks will be devoted to grants with 70% or more loss of revenue, and entities with 25% or more revenue loss will be eligible in the final tranche of grants.  

Like the Paycheck Protection Program of 2020, the funds from the SVOG can be used on operating expenses such as payroll, mortgage/rent, utilities, worker protection expenditures, insurance payments, and other costs.  The $16 billion devoted to the SVOG program is expected to be distributed quickly; eligible recipients should consider working with their representatives to be prepared for the April 8 application portal opening.

For more information, please contact the Barnes & Thornburg attorney with whom you work or Lauren Hancock at 202-408-6911 or lauren.hancock@btlaw.com, Jason Karlov at 310-284-3838 or jason.karlov@btlaw.com, or Steve Weizenecker at 404-264-4038 or sweizenecker@btlaw.com.

© 2021 Barnes & Thornburg LLP. All Rights Reserved. This page, and all information on it, is proprietary and the property of Barnes & Thornburg LLP. It may not be reproduced, in any form, without the express written consent of Barnes & Thornburg LLP.

This Barnes & Thornburg LLP publication should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own lawyer on any specific legal questions you may have concerning your situation.



Do you want to receive more valuable insights directly in your inbox? Visit our subscription center and let us know what you're interested in learning more about.

View Subscription Center
Trending Connect
We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to use cookies.