Hagerty Launches Restore the Roar Grant Program
May 4 is Deadline to Apply
Hagerty has launched a grant program to help automotive-enthusiast businesses recover from the COVID-19 economic slow-down.
Hagerty has announced the launch of its “Restore the Roar” grant initiative to help jump start U.S.-based enthusiast vehicle-restoration shops, specialty parts manufacturers and other related businesses that are negatively impacted by the COVID-19 economic decline. Applications are available online and due by noon EST May 4. Grants will range from $5,000–$10,000 and be awarded in mid-May.
What are examples of businesses within the “enthusiast vehicle industry” that meet Hagerty’s definition of a small business? Examples of qualifying businesses include (but are not limited to) restoration shops, specialty parts manufactures, service providers. Basically, if the business exists to help people get enjoyment out of the fun vehicle in their garage then they are encouraged to apply for this grant.
The requirements to be considered for a Hagerty “Restore the Roar” small-business grant are as follows:
• Be independently owned and operated.
• Have fewer than 20 employees.
• Have annual revenue less than $5 million.
• Be 50-percent focused on the collectible and enthusiast-vehicle industry.
• Demonstrate need based on the crisis’ impact on business.
• Demonstrate how the funds will be used.
Hagerty | The Road Ahead Video
For full qualification details and to access the grant application, visit Hagerty’s Restore the Roar website. Contact information is below:
COMPANY DETAILS |
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Company |
Hagerty Insurance Agency |
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(877) 922-9701 |
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121 Drivers Edge |
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Traverse City, MI 49684 |
ABOUT Hagerty Insurance Agency®
Hagerty was built by people who love cars. Hagerty provides insurance for cars that are fun to drive–this includes classic cars, boats, motorcycles, including modern collector cars. Hagerty is a company of automotive enthusiasts and experts, with offices in the US, UK and Canada, and while we’re Hagerty is one of the global leaders in collector-car insurance, the company has moved beyond insurance to offer so much more.
