Anne Arundel Economic Development Corps gives out nearly $33 million in COVID, disaster relief grants since 2020

The bulk of the Anne Arundel Economic Development Corporation’s work involves lending money to local businesses and helping them flourish. But, when the pandemic hit and federal and state money started funneling into the county, the quasi-governmental organization had an added mission: distributing funding to businesses most in need. AAEDC’s work delivering nearly $33 million in grants to businesses was critical in getting the county economy through the recession brought on by COVID-19 and keeping unemployment rates from skyrocketing, Anne Arundel County Executive Steuart Pittman said.