The grant, called "ACCESS GRANTED," is specifically designed to
support and empower small minority, and women-owned businesses.
FREDERICK, Md., July 15,
2024 /PRNewswire-PRWeb/ -- The City of Frederick is excited to announce the
launch of a new grant opportunity through the Department of
Economic Development. The grant, called "ACCESS GRANTED," is
specifically designed to support and empower small minority, and
women-owned businesses. This initiative is available to both
start-up and established businesses in need of access to capital
for a defined project that will help scale their business.
Mayor Michael
O'Connor shares, "ACCESS GRANTED aims to create equal
opportunities by injecting a total of $400,000 directly into our local economy for
businesses that have historically been overlooked or marginalized,
ensuring they have the resources to thrive alongside their
peers."
The "ACCESS GRANTED" program aims to foster a supportive and
inclusive business environment that enables entrepreneurs to reach
their full potential. The city has earmarked $400,000 to deploy as grants for this new
program. This funding is provided as part of a Coronavirus State
and Local Fiscal Recovery Funds program authorized by the American
Rescue Plan Act (ARPA-SLFRF.)
Applications for the "ACCESS GRANTED" grant open on July 15, 2024, at 11:00
am and will close on August 12,
2024, at 5:00 pm. Businesses
interested in applying are encouraged to carefully read the
eligibility criteria and attend the virtual information session
before applying for this competitive grant. The information session
will be held virtually on July 23,
2024, from 2:00 pm –
3:00 pm. More information can be
found at https://businessinfrederick.com/249/ACCESS-GRANTED .
"We are thrilled to introduce the 'ACCESS GRANTED' program as a
vital step towards creating a more equitable and thriving business
community in Frederick," says
Richard Griffin, the Director of the
Department of Economic Development.
"Minority and women-owned businesses historically have faced
systemic barriers that have prevented them from securing the
financial resources to help them grow and thrive," said Mayor
Michael O'Connor. "ACCESS GRANTED
aims to create equal opportunities by injecting a total of
$400,000 directly into our local
economy for businesses that have historically been overlooked or
marginalized, ensuring they have the resources to thrive alongside
their peers. ACCESS GRANTED is not just a grant program; it is a
statement of values of equity and economic justice."
For more information about ACCESS GRANTED and to apply, visit
https://businessinfrederick.com/249/ACCESS-GRANTED or email
accessgranted@cityoffrederickmd.gov
Media Contact
Allen Etzler, The City of Frederick, 301-600-2091,
aetzler@cityoffrederickmd.gov, businessinfrederick.com
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SOURCE The City of
Frederick