Grants For Shuttered Venue Operators

The Consolidated Appropriations Act of 2021 (the Act), signed into law on December 27, 2020, includes $15 billion for Grants for Shuttered Venue Operators.

Qualifying applicants can receive grants equal to 45% of their gross earned revenue in 2019 up to $10 million.

Eligible entities include:

• Live venue operators and promoters;
• Theatrical producers;
• Live performing arts organization operators;
• Certain museums, zoos and aquariums;
• Motion picture theater operators; and
• Talent representatives.

In addition, the entity must:

• Have been fully operational as of February 29, 2020;
• Not have received a PPP loan on or after December 27, 2020;
• Demonstrate that it had at least a 25% reduction in earned revenue during at least one quarter in 2020, as compared to that same quarter in 2019;