BALTIMORE, MD—The Baltimore City Mayor’s Office of Employment Development (MOED) is currently accepting applications for the Port Business Wage Subsidy program. The $1 million program, funded by the City of Baltimore, is designed to support businesses and their employees impacted by the Key Bridge collapse.
The program is open to businesses located in Baltimore City and that have been affected by the collapse in any way. Businesses are eligible to apply if they have experienced a loss of revenue as a result of the collapse, and as a result, have experienced a loss of jobs or wages. The program allows businesses to receive up to three subsidies of $7,500 each, with a maximum of $22,500 per business.
To be eligible to apply, businesses must submit an online application (bit.ly/bmorewage) or email [email protected]. The application process began on April 15 and will remain open as long as the funds are available. The program is being overseen by the MOED and is part of the City of Baltimore’s commitment to supporting businesses and residents impacted by the collapse.
“We’ve implemented this key program to support Port workers impacted by this crisis and ensure that businesses impacted, particularly small businesses, can access assistance to make it through this uncertain time,” said Mayor Brandon M. Scott. “We remain steadfast in our commitment to working with businesses and workers every step of the way in this recovery process. I have no doubt that we will overcome this tragedy and build a better Baltimore, together.”
The initial $1 million in funding for the wage subsidy program has been approved by the Baltimore City Board of Estimates. The Scott administration is exploring the possibility of allocating an additional $1 million to the program in the coming weeks.
For more information on the Port Business Wage Subsidy program, visit the MOED website.
This article was written with the assistance of AI and reviewed by a human editor.
Photo via Pixabay
