Yesterday, County Executive Steuart Pittman and the Anne Arundel Economic Development Corporation (AAEDC) launched the Disaster Recovery Micro Grant Program (DRMGP) to help local businesses recover from damages caused by Tropical Storm Ida.
The DRMPG will provide grants of up to $5,000 to Anne Arundel County businesses that experienced damage and pause in operations caused by the September tropical storm and tornado.
The program is funded with $25,000 from the TD Charitable Foundation, the charitable giving arm of TD Bank. It began accepting the program will applications for up to $5,000 yesterday.
County Executive issued a statement on the establishment of the micro grant program and the county’s partnership with TD Charitable Foundation:
“We are extremely thankful that the tornado did not lead to any loss of life or injuries, but many of our businesses and residents are still feeling the effects. We appreciate the TD Charitable Foundation’s support in offering this grant to help our impacted businesses. It is a timely opportunity that comes on the heels of recent announcements of loans through the Small Business Administration and the Maryland Department of Housing and Community Development. Together, these resources aim to help business owners rebuild and restart their operations.”
Qualifying applicants include businesses that have a brick-and-mortar location in Anne Arundel County and are in good standing with the State of Maryland. Applicants will be required to submit:
- a grant application via web form
- a statement listing all damages, including details of the loss of income
- a budget detailing the use of grant proceeds
- a completed W-9 form
Additionally, “all applicants will be required to be available for a site visit to review damages to the property/business, to self-affirm that the grant funds will not be used for any expenses that are reimbursed by any other relief programs or losses that are reimbursed by a covered insurance policy related to the disaster, and to save receipts for proof of purchase of all expenditures in case of an audit.”