Montgomery County Executive Marc Elrich and the Montgomery County Council have announced a new grant program open to County nonprofit organizations for “Placed-Based Management” that will assist with economic development and tourism in business districts and in urban corridors with significant business and retail offerings.
Eligible nonprofits can now apply for funds from the program. Applications are due by 10 a.m. on Monday Feb. 16. An online information session for the grant program will be held from 1:30-3 p.m. on Friday Jan. 13. “Montgomery County’s small businesses are at the heart of what makes our economy thrive,” said County Executive Elrich. “Businesses in the County contribute to the well-being of our residents through job opportunities, tax funding for schools and to the diversity and quality of life in Montgomery County. This new grant program will help our businesses grow, support our communities and further establish Montgomery County as the best place to work, live and play in the National Capital Region.”
Award sizes will vary, with a minimum award of $25,000 and a maximum award of $500,000. The grants will be awarded for up to a one year. Programs must be implemented and be evaluated during this period. The Place-Based Management grant’s success will be evaluated by dollars reinvested, buildings rehabilitated, net gain in jobs and net gain in businesses. There is a preference for nonprofit organizations with a history of equity, diversity and inclusion in their programming background.
“Montgomery County is home to a diverse business community, consisting of hundreds of ethnic restaurants and multi-cultural businesses to national entertainment venues and international biotech firms,” said County Council President Evan Glass. “I am committed to providing the support needed to create vibrant downtowns and business districts, where everyone can live, work and play. The Place-Based Management grant is a reinvestment in our community, ensuring our businesses, retail and urban areas continue to appeal to residents, tourists and companies seeking to move to Montgomery County.”
The online information session on Jan. 13 will be recorded and publicly available for those who miss the event or wish to see it again. The full program details, the online application and the information session details (as well as a recording of it) are available on the Montgomery County Office of Grants Management – Grants Application Platform (https://mcmdgrants.smapply.org/prog/FY23PBM).
Grant applications will be reviewed by an independent committee organized by the Office of Grants Management. The committee will include neutral, qualified individuals from Montgomery County Government who are selected for their experiences in the grant program’s subject area, grants administration or project management. The panel members will review and score applicant proposals on a 100-point scale based on the criteria and priorities established in the grant program, with cumulative ranking informing the final awards.
More information about the grant program is available at https://mcmdgrants.smapply.org/prog/FY23PBM.
Potomac Local reports that mega gas station/convenience store Buc-ee’s is looking to open its first location in the Greater Washington area.
The Montgomery County Council will meet on Tuesday, March 5 at 9:45am. Full agenda below courtesy Montgomery County:
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