Maryland's COVID-19 Layoff Aversion Fund Saves Over 21K Jobs, Helps More Than 1K Small Businesses, Gov. Hogan Says
ANNAPOLIS, Md. (WJZ) -- Gov. Larry Hogan announced Wednesday the Maryland Department of Labor's COVID-19 Layoff Aversion Fund saved over 21,000 jobs and supported more than 1,000 small businesses through two rounds of funding, totaling over $31 million.
"The state has delivered more than $1.7 billion in emergency relief for Maryland's struggling families and small businesses, including over $31 million for the tremendously successful Layoff Aversion Fund," Gov. Hogan said. "Labor's Layoff Aversion Fund provided a critical lifeline, funding nearly 1,300 small businesses in every county across the state, keeping their doors open for business, and saving over 21,500 jobs during these unprecedented times."
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The first round of funding awarded over $10 million in grants to 445 small businesses and saved 8,819 jobs, the governor said.
The governor also said the second round of funding awarded over $21 million in grants to support 822 small businesses and save 12,736 jobs across the state.
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