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Main disasters just like the latest collapse of the Francis Scott Key Bridge in Baltimore can have main implications for close by companies. This leaves communities to search out methods to assist companies via troublesome intervals so that they’re nonetheless in operation as soon as situations return to regular. Two such applications not too long ago launched in Baltimore. Examine them and different present small enterprise grants beneath.
Port of Baltimore Employee Retention Program and Emergency Enterprise Help Program
Companies which are struggling to retain workers as a result of collapse of the Francis Scott Key Bridge in Baltimore could quickly be capable to entry reduction due to the Port of Baltimore Employee Retention Program. This system includes $12.5 million in funding and goals to assist companies keep away from layoffs till the port totally reopens. Eligible companies can use funds for worker coaching, payroll bills, and assist companies. Moreover, the Port of Baltimore Emergency Enterprise Help Program is providing grants of as much as $100,000 to assist companies going through challenges as a result of port’s closure. Companies should be capable to show monetary hardship associated to the bridge collapse to qualify. The applying interval opens on April 22.
Maui Small Enterprise Restoration Grant Program
The US Chamber of Commerce Basis and American Categorical are teaming up to assist Maui companies that had been affected by final 12 months’s wildfires. The Maui Small Enterprise Restoration Grant Program will supply $5,000 grants to 100 companies on the island. To qualify, companies should have between 3 and 20 workers and a bodily location on Maui since not less than August 1, 2023. Companies should additionally be capable to show monetary want and loss as a result of wildfires. Might 1 is the deadline to use.
Lifting Our Neighborhood Companies Throughout Lengthy Island Small Enterprise Grants
Optimum Enterprise and the LIA Basis are partnering on a brand new grant program to support small companies in Nassau and Suffolk counties. Eligible companies can apply for as much as $5,000 every, with a complete of $300,000 out there. The LOCAL “Lifting Our Community Businesses Across Long Island” Small Enterprise Grants program additionally gives a six-month membership to the Lengthy Island Affiliation for all candidates. And grant recipients will get a one-year complimentary membership. Eligible companies should apply by Might 1.
Larger Washington D.C. Purple Line Development Grants
The Larger Washington Neighborhood Basis is facilitating a grant program to assist native companies which have been negatively impacted by delayed Purple Line building via the Washington D.C. space. This system is funded by a $500,000 donation from PNC Financial institution. Companies which have been negatively impacted by the mission can apply for as much as $20,000 to assist cowl varied bills, from capital enhancements to operational prices. To qualify, companies should have not less than three years in enterprise, ten or fewer workers, and $5 million or much less in annual income. The deadline to use for funding is Might 13.
Quincy Small Enterprise Help Grant Program
Quincy, Florida, is offering grants to each companies and people seeking to positively enhance their neighborhoods. The Quincy Neighborhood Redevelopment Company is facilitating each the Small Enterprise Help Grant and the Dwelling Restore Grant. Each applications supply as much as $10,000 to property homeowners seeking to improve their areas. Enterprise homeowners have to be positioned within the Quincy CRA District, have a enterprise license, and be a Quincy utility buyer to qualify.
Newport Technical Help Grants
Newport, Vermont, is providing grants to small companies within the Designated Newport Metropolis Downtown district to assist them entry varied technical help companies. Funding comes from an award that Newport Downtown Growth acquired from the USDA-RD Rural Enterprise Growth Grant Program. Grants can cowl prices associated to numerous companies, together with web site design, digital fee processing, and advertising and marketing. To qualify, companies should have fewer than 50 workers and fewer than $1 million in gross revenue. The Northern Neighborhood Funding Capital is facilitating this system, so they are going to assist companies via the appliance course of and help in creating proposals for varied companies.
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