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Pennsylvania Optometric Emergency Assistance Program (POEAP)

Vision Benefits of America Inc

Foundation One-time Small Business GrantsHardship Grants
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Funding Amount

$7,500, $10,000, $15,000 or $25,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Pennsylvania Optometric Emergency Assistance Program (POEAP)

Status: Program expanded as of May 6, 2020

Geographic Scope: New Jersey, Ohio, and Pennsylvania

Focus Areas: Emergency business assistance for independent optometric practices impacted by COVID-19

Eligibility:

  • Independent optometry practices located in New Jersey, Ohio, or Pennsylvania

  • VBA network providers with payments from VBA totaling $5,000 or more in 2019

    • Award Details:

  • Loan Amounts: $7,500, $10,000, $15,000, or $25,000

  • Interest Rate: Interest-free

  • Repayment Terms: 24-month repayment period beginning January 2021

  • Total Program Funding: At least $1 million available

    • Program Purpose:

  • Designed to assist optometry businesses facing unprecedented challenges due to COVID-19 outbreak

  • Supports continuation of business operations during governmental restrictions against elective procedures

  • Recognizes the importance of supporting local businesses and independent optometrists serving communities

    • Background:

  • VBA is a nonprofit founded by independent optometrists in Pennsylvania

  • Mission: improve the human experience by utilizing innovative models of service, delivery and advocacy to reduce barriers to high-quality eyecare

  • Program communicates directly with eligible practices regarding application and next steps

    • Contact Information:

  • Emily Shrader, Media Contact

  • Telephone: 412-881-4900 x 232

  • Email: eshrader@vbaplans.com

  • Vision Benefits of America, 400 Lydia Street, Suite 300, Carnegie, PA 15106

  • Phone: 1-800-432-4966

    • Focus Areas & Funding Uses

    Fields of Work

    small-businesseshardship

    Categories

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