BMS ANNOUNCES THE BOONTON MAIN STREET, INC. RELIEF FUND
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Boonton, NJ – May 19, 2020 – Last week, Boonton Main Street, Inc. (BMS), launched a special relief fund to support the small businesses that make up Boonton’s dynamic Main Street economic center. This microgrant program, funded by donations, will provide financial relief for some of the small businesses crippled by the COVID-19 pandemic. In addition to promoting the program and assisting with fundraising, BMS will receive donations and, at the direction of an impartial sub-committee, disperse funds to qualified small businesses. If having a viable Main Street is important to you, this is an opportunity to help during these unprecedented times.
The BMS board members launched the fundraising effort with personal contributions totaling $1000. At the May 18th Town of Boonton Mayor and Board of Aldermen meeting, the governing body donated $1400 of their personal funds to the BMS Relief Fund as well. Both the Town and BMS boards hope individuals and organizations will join them in supporting the local small business community that makes Boonton a unique economic center within Morris County. Donations to this fund are tax-deductible, and all donations at or above $1000 will be commemorated on a placard prominently displayed on Main Street.
BMS believes that small businesses are a vital part of the community. Their unique presence adds to the vibrant fabric of Boonton and is a critical component to growing our local economy. Please help support these businesses that support our community.
Please note: All funds received by BMS during this microgrant program will be used for the sole purpose of grant awards and any associated administrative costs incurred. No funds received by BMS during the microgrant program will be used by BMS for any other reason. Funds will be awarded by an independent sub-committee none of whom have a business interest in the district.
Small Business Eligibility
Organizations not eligible to receive funding include national franchises, nonprofits, and religious organizations.
Applications and instructions can be found at: https://www.boontonmainstreet.
Timeline
May 15, 2020 Application opens online at BoontonMainStreet.org
May 15 – June 15, 2020 Application submittal period including community outreach & applicant assistance
June 15, 2020 Application submittal period ends at 11:59pm
June 16 – June 19, 2020 Grant decisions communicated to recipients Tax-deductible donations can be made on or before June 15, 2020 online at:
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Boonton Main Street, Inc. is a stand-alone 501c3 nonprofit dedicated to increasing awareness and foot traffic to benefit Boonton’s historic downtown district. Our mission is accomplished through events, advertising, and resource sharing. The organization is located on the second floor of The Boonton Holmes Public Library at 621 Main Street, Boonton, NJ. www.BoontonMainStreet.org
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