As the business community continues to feel the impact of COVID-19 on the global economy, today the Prince George’s County Economic Development Corporation (EDC) announced the results of its Personal Services E-Business Grant. The E-Business Grant, which drew more than 250 applications, was focused on assisting local small business community by providing funding for technical support of their businesses. Generously funded by a grant from the Maryland Department of Commerce’s Maryland Economic Development Assistance Authority and Fund, 147 Prince George’s County personal services business owners’ applications were approved, providing more than $660,000 in grant assistance.
“This personal services business grant will help bridge the gap between County businesses and potential customers. Having a robust website with online sales capabilities and the ability to interact with your customer base is key to being competitive in this tough economy,” said Ebony Stocks, Executive Vice President of the Prince George’s County Economic Development Corporation. “The EDC is happy to support Prince George’s County businesses and the personal services industry in particular because as they extend their reach, it also means that they are expanding their growth.”
The Personal Services E-Business Grant program provided grants of $5,000 to Prince George’s County-based personal services businesses to support increased foot traffic to brick-and-mortar establishments, improvements to point of sale technology, and cross-channel functionality. The grant could also be utilized to establish or expand online sales capabilities, obtain real-time insights into customers, for scheduling, and for inventory management. In total, 147 companies received grants of either $2,500 or $5,000 to support their e-business operations.
Over the last 12 months, the EDC has distributed more than $40M in grants to County businesses, supporting job creation and sustainability for thousands of employers. For more information about technical assistance programs, grants or the many other services provided by the Prince George’s County Economic Development Corporation, please visit www.pgcedc.com.