Small Business Resiliency Micro-Grant Program – UPDATE
The City of Frederick’s Department of Economic Development (DED) has stopped accepting applications for the Small Business Resiliency Micro Grant Program at this time. They have had an enormous response, more than future funding could potentially address. To date, they have received 187 applications! DED is processing the first round of checks this week, and plans to distribute checks to the approved applicants by Friday. The hope is that there may be future micro-grant awards to businesses from community donations and other resources in the future.
Grants for Frederick County Business for Recovery
Frederick County businesses can now apply for a grant to help them recover from the effects of the coronavirus pandemic. Ogden Newspapers Inc., the parent company of The Frederick News-Post, has established a $1 million fund to help local businesses get back to full strength by subsidizing local marketing efforts through matching advertising dollars. For more information click on the title above or check out the article at https://www.fredericknewspost.com/news/economy_and_business/million-fund-established-to-help-local-businesses-recover-from-coronavirus/article_e08c10db-7895-567f-8262-fc967e283a7d.html
Support Golden Mile Community Restaurants!
Consider supporting our community businesses during this time by ordering take-out/delivery from your favorite restaurant along the Golden Mile - or buying gift cards for the future! Taco Bar at 1450 W Patrick St, Frederick, MD 21702 is one of many great restaurants on the Golden Mile open for delivery or carry out. Don't forget The Red Horse Steak House, Clay Oven, Fajita Grande, Casa Rico... Check out our website directory for additional restaurant ideas. Please patronize our Golden Mile restaurants by ordering carryout! #frederickmd #goldenmilemd
Small Business Resiliency Micro-grants
Frederick has instituted a micro-grant program activated by funds from the Department of Economic Development to assist small businesses in The City of Frederick impacted by the COVID-19 pandemic and affiliated State Executive Orders. Applications available online at https://www.businessinfrederick.com/234/Small-Business-Resiliency-Micro-Grant. For additional information please click on title of this news post - Small Business Resiliency Micro-grant - above for more information.
Maryland Small Business Relief Programs
Maryland has authorized $130 million in loan and grant funding for small businesses and manufacturers that have been negatively impacted by the Coronavirus (COVID-19). The State of Maryland has also announced a new "COVID-19 Layoff Aversion Fund" designed to support businesses undergoing economic stresses due to the pandemic by preventing or minimizing the duration of unemployment resulting from layoffs. Click on the title of this news post - Maryland Small Business Relief Programs - above for more details!
Small Business Emergency Loans
We’ve been notified that Frederick County businesses and nonprofits are now eligible to apply for emergency loans through the Small Business Administration (SBA). This program designation recognizes the catastrophic impact that shutdowns are having resulting from the Coronavirus pandemic. Click the title to this post - Small Business Emergency Loans - for additional information and the link to the application.
City of Frederick – Business Impact Survey
Golden Mile Business Community please help the City of Frederick help you in these challenging times completing the Business Impact Survey to accurately assess the effects of COVID-19 on our local economy. The responses to this survey will help the City to quantify the impact and shape local strategies for mitigation & assistance. Click the title to this post - City of Frederick Business Impact Study - for additional information and the link to the survey.
Grand Opening of 4 The Love of Sweets Bakery and Cafe
4 The Love Of Sweets Bakery and Cafe will hold it's Grand Opening with a Ribbon Cutting on January 2, 2020 at 3:30pm. The Mayor of the City of Frederick, representatives from Golden Mile Alliance, and others will be in attendance. Join us at 4 The Love of Sweets at 1100 W. Patrick Street to welcome this delicious new business to the Golden Mile.
