Grant Received for Entrepreneurial Support in Monroe County
The Lauch 734 team is excited to announce that they have received the official award letter from the County of Monroe’s American Recue Plan Act (ARPA) funding. “This award will allow Launch 734 to create new programming that supports our entrepreneurs who are still fighting long term effects caused by the pandemic” said Matt Vanisacker, VP of Business Development for the Monroe County BDC.
The ARPA legislation is designed to provide continuing support for those businesses that are impacted by COVID-19. “Although we are several months removed from the shutdowns that occurred at the onset of the pandemic, many businesses are still suffering the long-term effects such as supply chain disruption, lack of available workforce and major shift in shopping habits,” stated Matt. “Our goal is to be stewards of these ARPA funds received… We want to support as many businesses as possible,” he continued.
Much thanks go out to the County of Monroe and its Commissioners for developing this cost share program with their portion of ARAP dollars. By leveraging with existing programs and organization we will be able to support more businesses and communities as we all work to overcome the negative economic impact created by COVID 19.
Support programs such as no interest micro-loan lending and providing cost free consulting in areas of talent attraction and retention, health and safety, and marketing in this new ear will be offered in the near future. To learn more, visit the Launch 734 website.