The Greater Washington Community Foundation is offering this Request for Proposals (RFP) to support the growth and sustainability of small businesses in Prince George’s County (para español, lea abajo). In collaboration with PNC, this program will support existing small businesses and position them to harness the economic benefits of development happening along the Purple Line and Blue Line corridors. Small businesses along the Purple Line and Blue Line corridors in Prince George’s County face significant challenges while these transformational infrastructure projects are under development. Due to disruptions caused by construction as well as the ongoing effects of the pandemic, businesses require increased access to resources and support for operational costs, technical upgrades, and other assistance to retain and grow their customer base and workforce.
This program will provide immediate support in the form of grants and technical assistance, with the overall goals of fostering economic mobility among entrepreneurs and enhancing access to services and jobs for residents. By supporting the growth and sustainability of small businesses as employers, economic drivers, and neighborhood anchors, this effort continues The Community Foundation’s commitment to closing our region’s racial wealth gap.
The Community Foundation will award grants of up to $20,000 to up to 20 small businesses in the county. The funding can be used to help participants cover operational costs, technical assistance, technology, or capital improvements. Total grant funds available through this RFP is $350,000.
Eligibility
Eligible applicants will meet the following requirements:
Has a physical location within the target corridors in Prince George’s County specifically within the following neighborhoods or zip codes:
Langley Park - 20783, 20903, 20912
Chillum - 20782, 20783, 20912, 20712
Adelphi - 20783, 20782, 20903
Seat Pleasant - 20743, 20785
Largo - 20721, 20774
Suitland - 20746, 20747, 20748
Glenarden - 20706
District Heights - 20747
Capitol Heights - 20743
Has 10 or fewer total employees
Under $5 million in annual gross revenue during the most recently concluded tax year
Currently in operation and have been in operation for a minimum of 3 years prior to application
Organized as a for-profit entity with one of the following entity types: sole proprietorship, LLC, S-Corp, C-Corp, partnership
Must be a legally registered entity in good standing with all necessary county and state licenses and permits
Must demonstrate a commitment to community impact