For Immediate Release: Tuesday, August 1, 2023
Montgomery County will be offering funding support for independently owned and operated businesses with 20 or fewer employees impacted by the Purple Line construction through Phase III of its Purple Line Light rail grants program. Eligible businesses can start submitting applications on Aug. 15.
The County’s Business Center will host informational webinars on the program on Aug. 29, 30 and 31 in English, Spanish, and Amharic languages respectively at 8070 Georgia Ave. in Silver Spring. This is the third round of grants through which the County’s Business Center will offer $5,000 to qualifying small businesses in the construction corridor. This grant program is made possible through an $815,000 grant provided by the Maryland Department of Commerce.
“Our small businesses in the Purple Line Light Rail construction corridor have been hit hard due to the ongoing project,” said Montgomery County Executive Marc Elrich. “We have worked very closely with them to mitigate the challenges they are facing through support such as these grants. Our new Business Center staff will be proactively reaching out and making sure every eligible business in this corridor is aware of this grant opportunity. I appreciate the work of our Business Center as well as the efforts of the Moore Administration and County’s State Delegation to advocate for these businesses and provide this grant funding.”
Applications for Phase III grants will be accepted through Sept. 30. The application is available at http://Montgomerycountymd.gov/business.
A business may be eligible for grants through the program if it:
Applicants will be required to submit the following documents with their application:
Businesses are encouraged to apply, even if they do not have all this information readily available. The County’s Business Center staff will assist all businesses throughout the process to ensure every eligible business receives this support.
The Maryland Department of Commerce is providing the funds to help businesses that have been impacted by the longer than anticipated construction process.
“Maryland Commerce is pleased to work with our partners in Montgomery County to offer these grants, which will provide some relief to the many small businesses in the County impacted by the Purple Line construction,” said Maryland Commerce Secretary Kevin A. Anderson. “Small businesses are the foundation of Maryland’s economy, and we want to ensure they have the support they need, particularly as they address these challenges.”
Questions about the program should be sent to: [email protected] or [email protected].
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Release ID: 23-335