August 21, 2024
Dear Partner & Supporter,
This $5 million initiative is designed to provide funding to intermediary organizations that assist small businesses and communities affected by the collapse of the Francis Scott Key Bridge.
GBC’s Multi-Year Agenda identified a set of collective impact opportunities for our 400 partners to jointly support strengthening our region and respond to critical moments where we’re uniquely positioned to respond.
The Key Bridge served as a vital artery for commerce, linking multiple counties and supporting national economic activity. The loss of the bridge has impacted small businesses in numerous communities across Baltimore City, Baltimore County, and Anne Arundel County.
A new bridge adds a global industrial and export asset that will help power our regional economy.
In the interim, this initiative would aid organizations that help small businesses make necessary adjustments to their operations, enhance local business districts, and foster long-term resilience and stability.
This initiative, shaped with input from GBC’s partners who fund and support small businesses, is one of our collective efforts to aid the recovery effort.
Grants will be awarded to intermediary agencies, which must be 501(c)3 not-for-profit organizations with a current or planned footprint in the impacted communities.
Our grant review partners include Maryland Chamber of Commerce, the World Trade Center Institute, the Baltimore Development Corporation, the Anne Arundel Development Corporation, and the Baltimore County Department of Economic and Workforce and we’re grateful for their support.
Learn more and please help share this opportunity.
