We know you have a lot of questions. Your existing bank is the best place for you to start. But here is what we know*:
Maryland Small Business COVID-19 Emergency Relief Grant Fund
This COVID-19 Emergency Relief $50 million Grant Fund offers working capital to assist Maryland small businesses and nonprofits with disrupted operations due to COVID-19. Grant assistance is intended to provide interim relief complementing actions with its bank, business interruption insurance, and financial partners.
- $50 million grant program with grants for up to $10,000 for eligible applicants.
- Eligible applicants include Maryland businesses and nonprofits impacted by the COVID-19 with fewer than 50 employees.