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 by means of troublesome intervals in order that they’re nonetheless in operation as soon as circumstances return to regular. Two such packages 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 might be struggling to retain staff because of the collapse of the Francis Scott Key Bridge in Baltimore might quickly have the ability to entry reduction due to the Port of Baltimore Employee Retention Program. This system contains $12.5 million in funding and goals to assist companies keep away from layoffs till the port absolutely reopens. Eligible companies can use funds for worker coaching, payroll bills, and help 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 because of the port’s closure. Companies should have the ability 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 help Maui companies that have been affected by final yr’s wildfires. The Maui Small Enterprise Restoration Grant Program will supply $5,000 grants to 100 companies on the island. To qualify, companies will need to have between 3 and 20 staff and a bodily location on Maui since a minimum of August 1, 2023. Companies should additionally have the ability to display monetary want and loss because of the wildfires. Could 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 help small companies in Nassau and Suffolk counties. Eligible companies can apply for as much as $5,000 every, with a complete of $300,000 obtainable. The LOCAL “Lifting Our Neighborhood Companies Throughout Lengthy Island” Small Enterprise Grants program additionally provides 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 Could 1.
Better Washington D.C. Purple Line Building Grants
The Better Washington Neighborhood Basis is facilitating a grant program to help native companies which have been negatively impacted by delayed Purple Line development by means of 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 challenge can apply for as much as $20,000 to assist cowl numerous bills, from capital enhancements to operational prices. To qualify, companies will need to have a minimum of three years in enterprise, ten or fewer staff, and $5 million or much less in annual income. The deadline to use for funding is Could 13.
Quincy Small Enterprise Help Grant Program
Quincy, Florida, is providing 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 Residence Restore Grant. Each packages supply as much as $10,000 to property house owners seeking to improve their areas. Enterprise house owners 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 numerous 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 will need to have fewer than 50 staff and fewer than $1 million in gross revenue. The Northern Neighborhood Funding Capital is facilitating this system, so they’ll assist companies by means of the appliance course of and help in creating proposals for numerous companies.
Picture: Depositphotos
