GERMANTOWN — The Germantown Town Board and its Economic Development Advisory Committee have awarded a total of 11 grants to local businesses through the Germantown Business Recovery grant program.
This effort was launched on April 24, with fiscal sponsorship and administrative support from Columbia Economic Development Corporation (CEDC), to raise additional resources for businesses located in Germantown that have been impacted by the COVID-19 crisis.
A volunteer committee reviewed and rated each application based on these criteria. The businesses that received grants are spread out across Germantown and met the grant making criteria, including, being an independently owned small business located in the town, 20 or fewer full-time employees, less than $1,500,000 in annual sales, adversely impacted by COVID-19, and in need of funds to continue to retain and pay their employees, and/or stay current on rent, and cover other fixed costs related to their operations. Read more…