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.
ELIGIBLE APPLICANTS:
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.
The Golden Mile Alliance has a “GOLDEN” opportunity for businesses and residents of the Golden Mile! We currently have one Board Member position open for a resident of the Golden Mile and plenty of opportunities for volunteering on a committee or a project.
BECOME A GOLDEN MILE ALLIANCE BOARD MEMBER OR VOLUNTEER!
The best way for a community to thrive is for its business owners and residents to get involved. Be that instrument of change!
You! are critical to the Golden Mile Alliance. The GMA depends on its Board Members and Volunteers who are passionate about the Golden Mile. Your time and talent are valuable to us, and more importantly, valuable to your neighborhood and the City of Frederick
If you are interested in Board Membership or Volunteering at a GMA event or on a GMA Committee, please contact the GMA Vice-President Shantay DeMar info@goldenmilealliance.org. For more information, please check our website at goldenmilealliance.org.
Golden Mile Residents – Are you ready for some baseball?
The 2021 Frederick American Little League is in the final week of fall baseball registration. Player registration will end Sunday 22 August in order to get schedules completed and uniforms ordered.
We have openings at all levels.
The Co-Ed season runs until end of October for Ages 4-12
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 info@goldenmilealliance.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.
If you can’t attend the “listening session” you can provide your input by taking the Let’s Move Frederick Bicycling and Walking Plan SURVEY by end of July.
