Business, Politics

Governor Hogan announces $198 million in small business relief

ANNAPOLIS, MD—Governor Larry Hogan this week announced that the State of Maryland will deploy up to $198 million in federal small business relief through the State Small Business Credit Initiative (SSBCI). Maryland was the first state in the nation to submit its SSBCI deployment plan to the United States Treasury Department, and today was one of the first five states …


Business, Health, Politics

Governor Hogan announces $250 million ‘Maryland Strong: Economic Recovery Initiative’

ANNAPOLIS, MD—Governor Larry Hogan on Thursday afternoon announced the $250 million ‘Maryland Strong: Economic Recovery Initiative,’ which will provide funding from the Rainy Day Fund to directly assist restaurants, small businesses, local entertainment venues, arts organizations, and Main Streets across the state. The initiative doubles the state’s total commitment to COVID-19 emergency economic relief for Marylanders to $500 million. “This …


Governor Hogan announces $190 million in COVID-19 relief for small businesses, higher education, nonprofits

ANNAPOLIS, MD—Governor Larry Hogan on Tuesday announced $190 million in relief to help colleges, small businesses, and nonprofit organizations affected by the COVID-19 pandemic. In total, over the last week, the governor has announced $475 million in new investments through the federal CARES Act. “As Maryland continues to grapple with an unprecedented fiscal crisis, we are directing more than $475 …