The Maryland Department of Housing and Community Development is administering $25 million to provide financial support to Maryland’s new or expanding businesses to help incentivize commercial investment in vacant retail and commercial properties.
Project Restore will provide two grant opportunities for businesses that plan on opening or expanding into previously vacant spaces:
Rental Assistance Grant: The maximum grant request amount is $30,000 for rent for one year (rental payment up to $2,500 per month) for qualified small business with 50 or fewer employees (full time equivalents). Applicant’s monthly rent can exceed $2,500, but the maximum that will be paid by the Rental Assistance Grant will be $2,500 per month for one year.
Business Operations Grant: The maximum grant award amount is $250,000 for one or two years for businesses that generate sales and use tax. Grant funds can be used for activities and costs related to sustaining and growing the business such as staff costs, capital improvements, marketing, inventory and supplies, utilities and the like and cannot be used for executive salaries or bonuses. Grant awards will be paid quarterly and will be based on sales and use tax generated by and submitted to the state in Calendar Year 2022.
To be eligible to apply for either a Rental Assistance Grant and/or a Business Assistance Grant, a business must meet all of the following criteria:
May be a new or existing business, but business must be located in Maryland
Business must be registered and in good standing with the Maryland Department of Assessments and Taxation (SDAT).
Business must open or expand in a retail or commercial space that has been vacant at least 6 months prior to the date they submit their application.
Financially viable business whose operations will continue forward
Golden Mile Businesses don’t miss out on this Golden Opportunity!
The Frederick County Office of Economic Development EmPOWER Mentorship Program is now accepting applications!
The EmPOWER Mentorship Program is a facilitated mentoring model designed to help underrepresented businesses generate ideas, identify blind spots, troubleshoot problems, and grow their networks in Frederick County. Two seasoned business leaders and a facilitator will guide the mentorship program throughout its 8-week duration. The program will begin on October 18th and meet weekly until December 6th.
Are you passionate about the Golden Mile? Are you self-motivated and outgoing? Do you have strong organizational, marketing, and social media skills? If you are seeking to make an impact in the community while utilizing your organizational, marketing, and fundraising skills, this is the job for you!
As Operations Coordinator, you will provide support to a growing non-profit organization that is focused on creating a vital and thriving business and residential corridor in the City of Frederick. You will be instrumental in communications for the organization on social media platforms, in print and on the web. You will provide support to the volunteer board of directors in conjunction with the organization’s mission. You must be available to work some evenings and weekends, for a few hours at a time, such as for board meetings, and related organization sponsored-events and networking. Flexible schedule with part-time hours.
For additional information on the position or to submit an application to be considered for the position, you can send an e-mail to firstname.lastname@example.org or you go to Job # 1398547 on the Maryland Workforce Exchange
The Golden Mile Alliance is looking to fill this position as soon as possible.
The Golden Mile Alliance would like to thank our community and everyone who participated in our first Golden Mile 5K Virtual Run/Walk from June 11-20! While we wish we could have all done it together, it was great seeing everyone run, walk or exercise their way to support the Golden Mile Alliance!
Your support will continue to help the Golden Mile Alliance achieve its mission through economic development activities to support our businesses and residential communities so they can continue to thrive!
Everyone who registered is entered into a drawing for a desk and chair set generously donated by Frederick Furniture Store! Drawing to be held this week!
Frederick is embarking on a bicycling and walking plan, called Let’s Move Frederick, to see how everyone can be accommodated on its streets and it wants to hear from Golden Mile residents about what the city is doing well and what it could do better.
Given the importance of this plan to the residents of the Golden Mile, the Golden Mile Alliance is hosting a “listening session” by the City to assure your needs are represented.
JOIN city transportation planner, David Edmondson, and the GMA to discuss and provide your thought and vision for your neighborhood. The “listening session” will be on Wednesday, June 30 at 6:00 pm on Zoom.
Visit Frederick is pleased to announce this year’s Summer Restaurant Week from August 2-8, 2021. Participation is once again free — we will return to paid participation in 2022.
To participate in the August 2-8 Frederick Restaurant Week promotion, please sign-up here.
We’ll contact participating restaurants in a few weeks with a separate form for menu collection. While there is no cost to participate in the event, we are still requiring participating restaurants to offer a special multi-course prix fixe menu during Restaurant Week — so start thinking about your dishes! Menus will be due by July 12.
We also like to encourage restaurants to consider featuring local wine, beer and/or spirits as optional pairings with your Restaurant Week menu. Can’t wait to see what everyone comes up with this year!
Exciting News! A New Job Training Program Is Launching in Frederick County!
Empowered to Live, Inc.’s premier program, Project GUIDE is moving forward with a partnership with Frederick Community College. Project GUIDE is a 14-week pre-apprenticeship program that offers youth ages 16-24 job readiness and technical skills training and paid internship opportunities with local businesses in the construction and skilled trades industry.
The Golden Mile Alliance (GMA) wants to thank the business owners, business property owners and residents of the Golden Mile community for helping make the GMA’s “Status of the Mile” meeting a huge success!
One outcome of this meeting was to illicit input from business owners, business property owners and residents on the activities that GMA should provide or pursue to improve the Golden Mile for the entire community. If you haven’t done so, please go to https://tinyurl.com/GMA-2021-Survey-Form and make your views heard or simply e-mail us at GMAEvents@goldenmilealliance.org.
The “Status of the Mile” meeting might be over, but there is still time to provide your input! It’s not too late! The GMA wants your input to help develop its plans for future
The SBA’s Restaurant Revitalization Fund will begin accepting applications next Monday and will provide eligible businesses with funding equal to their pandemic-related revenue up to $10 million per business, and $5 million per physical location.
Restaurants, food trucks, caterers, breweries & distilleries, bakeries, snack bars, inns, and more are among the businesses that may be eligible. Program requirements for the age of the business are much more flexible than other programs and allow for businesses that opened during the pandemic, as well as for those that have not yet opened for sales but incurred eligible expenses as of March 11, 2021.
Spread the word to those that may be able to take advantage of this program. And if eligible, start getting your application documentation together now!