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DC expands small business microgrant program with additional $8M

Wednesday, April 29, 2020
More than 7,000 applicants applied for the grant program.

D.C. Mayor Muriel Bowser announced more than $8 million in additional funds for D.C. Small Business Recovery Microgrants Program.

The city has already invested $25 million in the fund to provide relief to local small businesses for expenses including employee wages and benefits, rent, and other operating costs. The Office of the Deputy Mayor for Planning and Economic Development (DMPED) has since received over 7,000 applications for the grant program.

The Department of Housing and Community Development (DHCD) granted $1.35 million, Events DC is providing nearly $4.2 million in financial assistance, and $3 million in federal relief funds will be added to the grant program.

WUSA9/Khalida Volou

 

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