Annapolis Patch and Anne Arundel Patch covered the results of the VOLT Disaster Recovery Relief Program (DRRP), an initiative to help businesses recover from the damage and pause in operations sustained as a result of the storm and coastal flooding that impacted Anne Arundel County on Oct. 29-30, in the following article:
18 Anne Arundel Businesses Win Grants To Recover From Flood
The article reported that AAEDC distributed a total of $647,095 to 21 businesses, 18 of which are located in Anne Arundel County. It also included commentary from three grant recipients.
Read the full article here:
ANNAPOLIS, MD — Twenty-one Maryland businesses won grants to help them recover from this fall’s historic flood, officials announced Tuesday. Eighteen of those companies are from Anne Arundel County.
Leaders distributed $647,095 in relief through this initiative. The effort offered grants of $1,000 to $50,000 through the Anne Arundel Economic Development Corporation.
Floods rocked the Chesapeake Bay basin on Oct. 29 and 30. The inundation was the fourth-worst in Annapolis’ recorded history, as the tide reached 4.9 feet above normal. This was the biggest surge since Tropical Storm Isabel, which brought a record 7.16-foot tide in 2003.
This time around, standing water swamped downtown Annapolis roadways and seeped into many historic establishments. Ryan Lamy, the owner of Pip’s Dock Street Dogs, said flooding along Ego Alley has always been a nuisance. This inundation, however, damaged equipment and forced the eatery to close before a traditionally strong Halloween weekend.
“It can take weeks or even months for a small business to recover from an unexpected loss like this,” Lamy said in a press release. “I was extremely grateful to receive this funding that helped us to get back to business as quickly as possible.”
Kate Grove, who owns Yogavibez Edgewater, had to close her waterfront studio for two days. The money helped Grove replace materials, buy cleaning supplies and pay her staff.
“This grant made a huge impact,” Grove said. “Applying for it was an incredibly easy process, with great customer service and quick responses from beginning to end. Thank you to AAEDC for supporting a small, locally-owned business!”
In Galesville, Pirate’s Cove Restaurant and Dock Bar also scored a grant. The aid helped owner Anthony Clarke recover from the costs of replacing equipment, carpeting and drywall that was underwater for almost two days.
“The grant could not have come at a better time,” Clarke said. “We greatly appreciate the County Executive making time to visit the property during the flooding event and for making grant money available through AAEDC.”
Altogether, Anne Arundel County entrepreneurs collected $546,095. Two businesses in Grasonville, Queen Anne’s County each earned $50,000. One in Oxford, Talbot County netted $1,000.
Anne Arundel County Executive Steuart Pittman opened the grant applications on Oct. 30. This VOLT Disaster Recovery Relief Program was funded through Maryland’s Video Lottery Terminals. The initiative requires the state’s six casinos to contribute 1.5 percent of their slot proceeds to help small-, minority- and female-owned businesses.
To see pictures of the flooded establishments, click here.
Funded with $1,000,000 in funding from Maryland’s video lottery terminal (VLT) loan program, the DRRP allows business owners to use the grants for any legitimate business expense including physical property repairs, replacement of equipment, loss of income from being closed, replacement of damaged inventory and working capital needed to get business operations up and running.
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