BGE awarded $2,000,000 to 100 small businesses located in central Maryland during the fourth round of BGE’s Energizing Small Business Grants program. This program is part of BGE’s $15 million pledge to assist small businesses with COVID-19 relief and recovery and is a multi-year commitment expected to run through at least 2023.

“Small businesses are the backbone of Maryland’s economy, and their success is our collective success. Unfortunately, the region and country still feel residual impacts of COVID-19 and are now also facing difficult economic headwinds. The Energizing Small Business Grants program aims to help strengthen these businesses so they can continue serving the community,” said Carim Khouzami, BGE president and CEO. “We’re proud to support small businesses of all types so that they can recover and ultimately thrive.”

The program prioritizes businesses operated by historically underrepresented minority groups often challenged with access to capital – with 73 percent of grants provided to businesses owned by people of color and 71 percent owned by women. For a full list of recipients visit https://helloalice.com/blog/bge-energizing-small-business-grants-recipients

BGE partnered with Hello Alice a free, multichannel platform that helps businesses launch and grow, and the Global Entrepreneurship Network (a Washington, D.C.-based organization that supports entrepreneurs throughout the U.S. and around the world, to provide the grants. All applicants gain access to Hello Alice’s free COVID-19 Business Resource Center and opportunities through GEN to ensure consistent support and mentorship to all business owners.