CMC Newsletter- In-Person Networking Mixer!

Chamber Connections

April 23, 2021

2021 CMC Hall of Fame Inductees

Start-Up of the Year

Second Alarm Brewhouse

Woman-Owned Business of the Year

Blue Flaire, LLC

Small Business of the Year

Newk's Eatery

Mid-Sized Business of the Year

CTS

Large Business of the Year

Anne Arundel Community College

Business Partner of the Year

CQI Associates

Volunteer of the Year

Beth Hayden

Government Advocate of the Year

Councilman Andrew Pruski

President’s Award for Outstanding Service

Jeff Armiger

BIPOC Business of the Year

Eagle Integrated Solutions, LLC

Chairman’s Award for Community Impact

The Church at Severn Run

Chairman’s Award for Community Impact

Kingdom Kare Childcare Center

Lifetime Achievement Award

Jay Winer

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Prince George's County

Restaurant Assistance Grant

Through the Maryland Relief Act of 2021, an appropriation of $2.9 million has been made available to assist restaurants and food service establishments that have been adversely affected by the COVID-19 crisis.

The Restaurant Assistance Grant will provide grants up to $12,000 to Prince George’s County-based restaurants and food establishments to promote long-term sustainability and resiliency of businesses operations, support COVID-19 safety measures, and support businesses operating at reduced capacity.

Priority will be given to applicants who have not previously received prior relief funding through the Maryland Department of Commerce (MEDAAF and COVID-19 Small Business Emergency Loan or Grant Program). Fifteen percent of Grant Funds will be awarded to businesses that are in a targeted economic status.

Applications will be accepted between May 3, 2021 and May 21, 2021. Applications will be reviewed once all applications have been received. Grants will not be approved and awarded on a rolling basis. Applicants are not guaranteed to received funding.

Learn More

Anne Arundel Restaurant and Food Services Grant is now open!

The Restaurant and Food Service Recovery (RFS) Grant aims to help restaurants and food service businesses in the county that have been impacted by a significant reduction in revenue because of pandemic related restrictions while also trying to afford new costs related to ensuring employee and customer safety as well as regular operating expenses.

AAEDC will soon be able to disburse $2.1 million from the State of Maryland to fund additional grant applications from food and alcohol service businesses such as the following eligible entities:

Locally owned food service establishments with a walk up window (NEW)
Anne Arundel County based businesses with a liquor service license (on premise consumption) but no food license (NEW)
Restaurants with dine in seating and no drive through
Caterers
Breweries/wineries
Food trucks
Bed and breakfast establishments
Fraternal organizations and golf clubs with dining facilities and food service licenses
Convenience stores with a food service license and indoor seating
Amusement centers/roller rinks with food service license and indoor seating.

The application portal is now open. The application round will close at 5:00 p.m. on Friday, April 30.

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Critical Funding for Anne Arundel Business

Catalyst Fund Loans for Small Business

What is the Catalyst Fund?

Learn about the catalyst fund at the next information session on April 22nd

The Catalyst Fund, powered by the Howard County Economic Development Authority (HCEDA), is part of Maryland’s Video Lottery Terminal Small, Minority and Woman-Owned Business Account initiative. The fund is a locally managed source of capital used to finance start-ups and expanding businesses statewide whose projects will create permanent jobs and leverage private sector investment. Catalyst is a Revolving Loan Fund (RLF) – as borrowers repay Catalyst Fund loans, the principal and interest payments are returned to the fund for lending to other businesses to create more jobs and investment opportunities.

What can I used the fund for?

Loan funds can be used for normal business uses such as working capital, equipment, real estate, franchise fees and inventory purchases. Loan amounts are always subject to availability of funds.

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American Rescue Plan Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines

The Treasury Department and the Internal Revenue Service announced further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations.

Eligible employers, such as businesses and tax-exempt organizations with fewer than 500 employees and certain governmental employers, can receive a tax credit for providing paid time off for each employee receiving the vaccine and for any time needed to recover from the vaccine. For example, if an eligible employer offers employees a paid day off in order to get vaccinated, the employer can receive a tax credit equal to the wages paid to employees for that day (up to certain limits).

The additional details, provided in a fact sheet released by the IRS (and available in English and Spanish), spell out some basic facts about the employers eligible for the tax credits. It also provides information on how these employers may claim the credit for leave paid to employees related to COVID-19 vaccinations.

For more details on how the paid leave tax credits from the American Rescue Plan will work for employers to enable employees to get vaccinated and recover from after-effects of vaccination, as well as for other purposes, see the snapshot also released by Treasury.

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Documents

Multi-Chamber Business Leaders Luncheon

The Chambers of Commerce for Anne Arundel County Jointly Present...

BUSINESS LEADERS LUNCHEON with Lt. Governor Boyd Rutherford

A bipartisan Q & A with Maryland Lt. Governor Boyd Rutherford
Moderated questions that focus on key issues that affect business leaders in Anne Arundel County.
Attendees will have the opportunity to submit a question in advance your business would like answered by the Lt. Governor.

Seating is Limited- Register Today!

Member: $55 includes lunch
Non-Member: $75 includes lunch

Virtual Presentation Only:

Member $25
Non-member $35

PRE-REGISTRATION REQUIRED

Professionally Facilitated Online

Peer Group for Professionals

Connect and Succeed:

Professionally Facilitated Online Peer Group for Professionals

Having a well-established leadership group of peers facilitated by an executive coach is a game-changer.

New group is starting on May 6, 2021

This group will provide you with different viewpoints and approaches to your unique challenges along with a network of valuable connections -- a safe place where you will get unbiased input from others and share freely about your current goals and tribulations.

PEER GROUPS

For Personal and Professional Growth

Please call (240) 392-1695

(or email to: cbhat3@gmail.com)

Group is facilitated by Chetana Bhat, an executive and leadership coach, speaker, and workshop presenter with Personal, Professional Relationship Development (PPRD), a company she founded. Over the past 20 years, Chetana, a licensed professional, has provided coaching, training and workshops, and led groups on various subjects. Her professional training and experience include executive coaching, counseling, training, groups facilitation, and presenting.

pprdevelopment.com