Federal Hill and Pigtown Main Streets Receive Grants for Small Businesses from the State of Maryland

| February 23, 2021 | 0 Comments

Federal Hill Main Street and Pigtown Main Street are among the 41 main street programs across the state that will receive funding from the State of Maryland. Governor Larry Hogan today announced $7 million in awards for these programs.

Federal Hill Main Street, the largest recipient in the state, will receive $274,530 and Pigtown Main Street will receive $250,406. Federal Hill Main Street has 200 businesses and Pigtown Main Street has 62 businesses.

The funding is designed for the main street organizations to award grants to small businesses. Both Federal Hill Main Street and Pigtown Main Street have formed committees of volunteers who will decide the recipients of the grants. The organizations and their staff will facilitate the process, but will not be involved in the selection of the awardees. All interested businesses must apply, have been negatively impacted by COVID-19, and be in good standing with the State of Maryland.

After speaking with business owners and conducting a survey, Federal Hill Main Street learned the biggest needs are salary support, rent or mortgage support, and reimbursement of third party app delivery fees.

Federal Hill Main Street Executive Director Cathy Rosenbaum said the goal is to get the money out to businesses as quickly as they can. They are also looking to award a diverse representation of businesses.

“Maryland communities would not be the same without our vibrant, historic Main Streets,” said Governor Hogan in a press release. “We are proud to support local small businesses and help them recover from the economic toll brought on by the COVID-19 pandemic.”

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