$3 Million in Grants Awarded to 66 Small Businesses Affected by Key Bridge Collapse

$3 Million in Grants Awarded to 66 Small Businesses Affected by Key Bridge Collapse

 The Baltimore Community Foundation (BCF), in partnership with the Greater Baltimore Committee (GBC) and three local community development organizations, have given $3 million in direct cash grants to 66 small businesses across Baltimore City, Southeast Baltimore County, and Northern Anne Arundel County. The grants were awarded through BCF’s Maryland Tough Baltimore Strong Key Bridge Fund, established immediately following the March 2024 Francis Scott Key Bridge collapse. 

The Key Bridge Small Business Direct Grant Program addresses losses in revenue, increased costs, and operational challenges stemming from the collapse to help businesses stabilize operations, pivot business models, and invest in long-term viability. The grants were administered via local nonprofit partners Latino Economic Development Center (LEDC), Anne Arundel County Economic Development Corporation (AAEDC), and Baltimore Community Lending (BCL).

Click here to read the full press release.

Source: Greater Baltimore Committee