Any office of GOVERNOR LARRY HOGAN.$50M: Expansion of Maryland Small Company Relief Give Fund
Increases dedication to crisis Economic Relief for Marylanders to $500 Million Includes New Relief Programs and Expansion of current Programs for Businesses, Restaurants, Main roads, Arts, and Tourism
ANNAPOLIS, MDвЂ”Governor Larry Hogan today announced the $250 million вЂMaryland Strong: Economic Recovery Initiative,вЂ™ that may offer money through the Rainy Day Fund to directly help online payday UT restaurants, small enterprises, neighborhood activity venues, arts companies, and principal roads over the state. The initiative doubles the stateвЂ™s commitment that is total crisis financial relief for Marylanders to $500 million.
вЂњThis brand brand new $250 million вЂMaryland Strong: Economic Recovery InitiativeвЂ™ will likely to be critical to your lots and lots of struggling restaurants, small enterprises, and Main roads throughout the suggest that are attempting to weather this crisis,вЂќ stated Governor Hogan. вЂњI have directed our entire group in each agency to make sure that this funding that is much-needed out of the home to your struggling citizens and small enterprises as soon as possible. We additionally plan to work closely with your neighborhood partners therefore it many. that they’ll help out with expeditiously getting this cash in to the fingers of the whom needвЂќ
The вЂMaryland Strong: Economic Recovery InitiativeвЂ™
Through the вЂMaryland Strong: Economic healing Initiative,вЂ™ Governor Hogan is doubling the stateвЂ™s dedication to crisis relief that is economic $500 million through a mixture of brand brand new and existing programs.
$50M: Expansion of Maryland Small Company Relief Give Fund
The governorвЂ™s effort will offer an installment that is third of into the Maryland small company Relief Grant Fund, which awards funds of up to $10,000 to companies of 50 or less employees. To date, this program has distributed significantly more than 9,600 funds to businesses that are small hawaii. (more…)