County Awards Funding to Small Businesses Impacted During COVID-19 Pandemic
Montgomery County’s Microenterprise Stabilization Program awarded grant funding to nearly 180 applicants, totaling $1.1 million. The program was created to help local small businesses with five or fewer employees that faced significant revenue losses due to the COVID-19 health crisis.
“Thanks to Montgomery County for the Microenterprise Stabilization grant received by my small business serving the community for the last 29 years,” said Joginder L. Nayar of Il Forno Pizzeria in Gaithersburg. “These are tough times due to the COVID-19 pandemic, and this grant will surely go a long way to help the business survive by meeting our expenses for employee wages, taxes, utilities, and inventory.”