Anne Arundel County Offers Grants To Small Businesses Impacted By Flooding

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ANNAPOLIS, Md. (WJZ) — Anne Arundel County is offering grants of up to $50,000 to tiny businesses that person sustained harm oregon been forced to adjacent owed to coastal flooding, County Executive Steuart Pittman said Saturday.

Water levels roseate arsenic precocious arsenic 4 feet during precocious tide connected Friday, WJZ’s Ava-joye Burnett reported. An full enactment of businesses adjacent City Dock had to unopen down with h2o close astatine their doorsteps.

The VOLT Disaster Recovery Relief Program volition beryllium managed by the Anne Arundel Economic Development Corporation (AAEDC).

“As a tiny concern owner, I cognize however hard it tin beryllium to retrieve from spot harm and concern interruptions caused by events similar this storm,” Pittman said. “I privation to convey the AAEDC for moving rapidly to marque this programme available, and I privation to promote each impacted concern owners to marque usage of these funds if your concern is eligible.”

The county’s VOLT Fund provides loans to tiny businesses and minority-, veteran- and women-owned businesses.

Applications for the grants volition beryllium accepted connected a rolling ground starting connected Nov. 1. Funds tin beryllium utilized repair buildings, regenerate damaged instrumentality oregon inventory, marque up for mislaid income, oregon screen the outgo of reopening.

“Our team’s extremity is to get these businesses the captious funds that they request to some clasp their employees and get backmost to concern arsenic rapidly arsenic possible,” said AAEDC CEO Ben Birge.

Applicants volition beryllium required to taxable a VOLT application, listing of each damages, fund for the assistance funds, W-9 signifier and taxation returns. They besides indispensable beryllium disposable for a tract visit.

The VOLT Disaster Recovery Relief Program volition utilize $1 cardinal from a authorities program that directs a information of video lottery terminal revenues from casinos to section businesses, Pittman’s bureau said.

Gov. Larry Hogan declared a authorities of emergency successful areas impacted by the floodwaters, including Anne Arundel County.

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The Anne Arundel County Office of Emergency Management connected Saturday opened a web portal to stitchery information connected the harm to homes and businesses caused by the terrible weather.