LEGACY FUND FOR SMALL BUSINESS DEVELOPMENT
The Legacy Fund, was established with a $1 million grant from the Greater Washington Community Foundation, it provides critically needed access to capital for small businesses in Prince George’s County. The fund is part of The Community Foundation in Prince George’s County’s equity and economic mobility initiative. The overall goal of the initiative is to eliminate social and economic disparities and help individuals, families, and collective groups improve their social and economic status. The Legacy Fund will provide relief from the impact of COVID-19 to help minimize business vulnerability to closure and bridge the gap to viability.
Application Period: August 3, 2020 – August 28, 2020
Grants: Up to $10,000
Use of Funds: Funds can be used to support operating expenses including payroll, suppliers, rent, and other business critical costs.