On Tuesday the Montgomery County Council approved $5 million to fund the Public Health Emergency Grant program, a program that provides assistance to local businesses that have been impacted by the COVID-19 health crisis. The council unanimously approved the legislation, which was “spearheaded” by Councilmember Nancy Navarro, according to a press release from the council.
The program allows local businesses with 100 employees or less to apply for grants of up to $75,000 per business to cover operating costs and loss of profits during the COVID-19 health crisis. Businesses can apply at a new website created by the county, and all grant applications will be handled by the county government.
“Restaurants and small retail stores have been two of the hardest hit sectors because these businesses operate on small profit margins even during robust economic times,” the press release said.
The funds come from the county’s general fund reserves, and the country plans to seek reimbursement from the federal and state government for any eligible funds.
Businesses can apply at a new website created by the county, and all grant applications will be handled by the county government.