Maryland small business owners can now apply to a new grant program funded by BGE in partnership with Hello Alice.
Launching Jan. 20, 2021, the BGE Energizing Small Business Grants will distribute $15 million to Maryland small business owners seeking COVID-19 relief. Eligible businesses located in BGE’s central Maryland service area can apply for a grant of $20,000 each. Applicants will need to demonstrate financial need, and preference will be given to New Majority business owners disproportionately impacted by the pandemic.
“Our hope is that the BGE Energizing Small Business Grants will provide much-needed help to hundreds of small businesses in our community, especially historically underrepresented minority and women-owned businesses," said BGE CEO Carim Khouzami. "This is part of a multi-layered plan to provide direct assistance to energy customers, area nonprofits, and government partners to help put Maryland back on its feet for the long-term, as the public health crisis begins to lift.”
Specifically, BGE has come to Marylanders' aid through millions funneled toward nonprofits, including the Fuel Fund of Maryland and county-administered business pandemic relief funds. The company has also expanded the BGE Workforce Collaborative program that will train roughly 600 local workers for job placement and extended flexible payment terms for customers struggling to pay for their electric or gas service.
The new Energizing Small Business program will last through at least 2023 as a part of its ongoing commitment to the small business community. Grants will be awarded in discrete rounds, with Round 1 opening Jan. 20 and closing March 3.
Visit bge.helloalice.com to learn more about the program and apply today!