New Hanover County, City of Wilmington, and Chamber of Commerce Announce 192 Grants for Businesses Affected by COVID-19 – Communications and Outreach – Communications and Outreach


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New Hanover County, City of Wilmington, and Chamber of Commerce announce 192 grants for businesses affected by COVID-19

New Hanover County and City of Wilmington provide funding of $ 4,212,112 for Hospitality, Retail and Services Grant

NEW HANOVER COUNTY, North Carolina – The Wilmington Chamber of Commerce has approved 192 hospitality, retail and service grant applications located in New Hanover County, for a total investment of $ 4,212,112. Investing in these companies will help offset the loss of more than $ 65 million in revenue due to COVID-19 and subsequent trade restrictions. Fellows represent up to 3,700 local employees.

The Hospitality, Retail & Service grant was announced in July as part of the New Hanover County and City of Wilmington initiative to allocate $ 4.5 million in funds allocated through the US bailout. (ARP) of the federal government in areas that the community had recognized as priorities. The Hospitality, Retail and Services Grant was created to provide one-time grants to local businesses negatively affected by the COVID-19 pandemic.

About 650 companies applied and 192 companies fulfilled all the conditions for the grant. The county will fund 106 businesses with $ 2.3 million and the city will fund 86 businesses with $ 1.9 million.

“Our small businesses have suffered during the pandemic and need help recovering,” said Julia Olson-Boseman, chair of the New Hanover County Commissioners. “New Hanover County and the City of Wilmington are focused on helping local business owners with the cash flow they need to create jobs and jumpstart our economy. Now is the second time that New Hanover County has appropriated federal relief funds to provide a lifeline for our local businesses after committing $ 1.3 million in CARES Act funds last year to support them. small enterprises. I appreciate the city’s partnership, which has taken this aid program much further, and I appreciate that the Wilmington Chamber of Commerce has come together to administer the program.

Investing in hospitality and tourism is one way to promote economic recovery and economic development. Supporting these hardest hit industries helps our community move forward faster. Of the 192 scholarship recipients, 136 are from minority, women-owned or veteran-owned businesses.

Wilmington City Mayor Bill Saffo said, “Wilmington small business owners and their employees are vital to Wilmington’s economy and have faced enormous challenges during the pandemic. That’s why the City of Wilmington and New Hanover County have made helping small businesses a priority for our American Rescue Plan funds. With the help of the Wilmington Chamber of Commerce, we are quickly and fairly returning millions of dollars to local small businesses to support large-scale economic recovery. “

Wilmington Chamber of Commerce President and CEO Natalie English said, “I am very proud of the collaborative efforts of New Hanover County and the City of Wilmington to help our businesses recover quickly and to reposition itself for growth. We know that our hospitality, retail and service businesses are a vital part of our local economy. New Hanover County will be stronger with this significant grant investment that will save money and create new jobs.

Additional information on fellows is available on the Chamber’s website. here.

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