Local Government Relief Funds for Small Businesses

Dear WANADA Members,

A few of the county governments in our region are planning to offer varying levels of financial relief to small businesses whose operations have been affected by the COVID-19 pandemic. 

Fairfax County has announced plans to offer $25 million in grants to impacted small businesses through the  The Fairfax RISE COVID-19 Small Business and Nonprofit Relief Grant Fund. The program is set to begin accepting applications in early June, and according to a press release announcing the program, will offer up to $20,000 in grant funding for Fairfax-based small businesses with 50 employees or less. Please click here for more information.

Last week, Anne Arundel County announced the creation of the Small Business Customer and Employee Protection Grant Program. The grant program, which will also begin accepting applications in early June, will award up to $10,000 to small businesses based in the county to help them defer the costs of personal protective equipment and other safety enhancements as they begin ramping up operations this summer. For more details on the program, please click here.

The Montgomery County Economic Development Corporation has created a Telework Assistance Fund, which provides up to $2,500 in grant funding to local businesses with 100 or fewer employees to defray costs associated with setting up a teleworking system. For more information, please click here. The application form can be viewed at this link.

And as a reminder, Prince George's County has extended the application window for their COVID-19 Business Relief Fund. According to the program's FAQ page, the county's fund provides loan and grant funds to local for-profit businesses who have also sought support from state and federal relief programs.

Please let me or Joe Koch ( jk@wanada.org ) know if you have any questions about these offerings. And as always, please continue to refer to the WANADA COVID-19 Information Library, which contains a wealth of resources related to business relief programs.

Sincerely,
  
John O'Donnell
WANADA President and CEO