The Action Ann Foundation has delivered on its commitment, one week after the launch of the Musgrave Market Relief Fund.

On Thursday, June 8, more than half of the affected vendors turned up to receive their compassionate grants of $100,000 each. The foundation has dedicated $20 million from the funds raised so far to support the 200 vendors affected by the fire that destroyed the historic Musgrave Market on May 28 this year.

The Action Ann Foundation worked closely with the Portland Municipal Corporation to obtain the list of registered vendors, some of whom collected their cheques after verifying their identity.

“The rebuilding effort for the Musgrave Market is a crucial step towards restoring hope and vitality in our community. I am committed to working closely with all stakeholders involved, especially the affected vendors, to ensure that this project not only rebuilds the physical structure but also revitalises their livelihoods,”commented Ann-Marie Vaz, Member of Parliament for Portland Eastern.

The foundation’s commitment extends beyond temporary relief, and includes a comprehensive three-step approach towards the market’s restoration.

Phase one focuses on providing compassionate grants to vendors and offering immediate financial support to help them overcome the initial challenges they face. Those grants aim to alleviate the vendors’ immediate burdens and provides some semblance of financial security during the difficult period.

Phase two will involve assisting vendors in restocking their stalls, allowing them to resume their businesses and putting them in the best position to regain access to the market which is key to their livelihood.

In Phase three, the foundation will collaborate with the Government in a partnership effort to reconstruct the market. By working hand-in-hand with relevant stakeholders, the Action Ann Foundation aims to create a safe, modern, and resilient marketplace that will benefit the vendors, the community and the parish of Portland as a whole.

The foundation has made steady progress in its fund-raising efforts. To date, $40 million has been raised towards its goal of $100 million to rebuild the market.

To ensure transparency and accountability, the Musgrave Market Relief Fund will undergo a thorough audit, following the rebuilding efforts. A dedicated committee, comprising members of the fund, the municipal corporation, and independent auditors, has been established to oversee the proper management and utilisation of the funds. This committee will ensure that every dollar is allocated appropriately and that the rebuilding process adheres to the highest standards of integrity.