An emergency grant program was launched in Prince George’s County, Maryland, on Thursday, allowing small businesses to apply for short-term relief grants of between $1,000 and $3,000.
“So many of our smallest businesses, particularly owned by residents of color, have been devastated,” said County Council member Mel Franklin.
The program is open to businesses with at most 10 employees and less than $250,000 in annual revenue.
“These entrepreneurs need our help,” Franklin said. “They are the life blood of our economy, and essential to job and wealth creation for our communities.”
Organizers have at least $20,000 available in the fund to start with, but they are hoping for donations so they can keep the program going indefinitely.
The project was put together by the PFC Black Chamber, an advocacy group focused on Black-owned businesses in the county.
Click here to read the rest of the article written by Nick Iannelli over at WTOP
