Montgomery, Ala. – June 22, 2020 – Today, the Recover Together Small Business Relief Fund announced that it has approved roughly $30,000 in additional grant awards for nine local small businesses as part of its third round of grant funding. These grants bring the total amount awarded through the fund to over $240,000, which has provided direct relief to 75 businesses so far. The purpose of the Small Business Relief Fund is to provide working capital to local small businesses as they work to continue or resume operations following COVID-19-related impacts.
Applications for the Small Business Relief Fund closed June 15. During the application window of June 1 to June 15, the Small Businesses Relief Fund experienced an overwhelming demand for relief with over 650 applications received, representing nearly $4 million in total grants requested. The Small Business Relief Fund will continue to make grant awards to its existing list of applicants as funds remain available and as new funds are received. The fund is continuing to accept donations as it works to provide relief to as many local businesses as possible.
To contribute to the Small Business Relief Fund, visit www.recovermgm.com or make check payable to the Montgomery Area Chamber of Commerce Foundation. If contributing via check, please denote that your donation is meant for the Small Business Relief Fund in the memo line. Contributions are tax deductible.
“We cannot thank our local businesses and community members enough for the support they have shown our small business community,” says Chamber Foundation Chairman Willie Durham. “With the continued generosity of those who love Montgomery and the businesses that make it so special we can continue to award grants to the many deserving businesses that have applied. Donations are gratefully accepted online, by mail or in person.”
The Small Business Relief Fund is one of several initiatives resulting from the collaborative efforts of Mayor Steven L. Reed’s Economic Impact Task Force, which is co-chaired by Montgomery County Commission Chairman Elton Dean and City Council President Charles Jinright. Like the Recover Together Small Business Hub, launched on April 29, the Small Business Relief Fund provides an avenue for multiple community partners to work together to support Montgomery’s small businesses during these difficult and uncertain times. Small businesses in need of direct assistance may contact the hub at any time by calling 334-226-7529 or visiting www.recovermgm.com.
For more information about growing a business in Montgomery, visit www.montgomerychamber.com.
Editor’s Note: For video content supporting the Recover Together Campaign and Small Business Relief Fund, visit https://bit.ly/RecoverTogethervids.
Montgomery Area Chamber of Commerce