General Motors’ Spring Hill Assembly plant in Tennessee has announced it will donate $65,000 to the Maury County Chamber and Economic Alliance, which will go right into the coffers of the new Maury County Small Business Stabilization Fund.
The fund has been established to help prop up local small businesses in the Maury County region that may have been affected by the COVID-19 pandemic. With the pandemic forcing many small businesses to remain closed for months on end, many Americans are at risk of losing their livelihoods.
“We are thankful to General Motors for their generous contribution which proved fundamental in allowing us to establish The Maury County Small Business Stabilization Fund,” said Maury County Chamber and Economic Alliance President, Wil Evans.“As the leading economic and community development agency in Maury County, we have witnessed firsthand how this pandemic has impacted our small businesses. With this program, we hope to offer some additional, and much needed, relief during these unprecedented times.”
GM Spring Hill plant director Michael Youngs added that the grant will help “strengthen our community’s resilience and support those who are in need due to the impact of the coronavirus.”
The $65,000 comes via a larger initiative put in place by GM itself early this month in which it committed to giving out $2.65 million in grants to 40 American nonprofits. In addition to small business grants, the money will also benefit various educational organizations. Among them is the DonorsChoose Keep Kids Learning program, which will provide $1,000 credits to 1,000 teachers in high-need school districts to help send basic resources like books, pencils, notebooks, food and cleaning supplies to students’ homes. GM gave a total of $1 million to the Keep Kids Learning initiative.
GM has proven to be a massive help in America’s fight against COVID-19 and the economic fallout that has come as a result of the pandemic. The company is producing face masks, medical gowns and other PPE at its Warren Transmission plant in Michigan and, crucially, is manufacturing ventilators at one of its electronics plants in Indiana. The federal government handed GM a $490 million contract to produce the ventilators under the Defense Production Act.
“We are working hard to make sure that everyone – from frontline and emergency response teams to teachers and families – has the resources they need to navigate this uncertain time,” GM President Mark Reuss said in a statement released in early April.