Funding for Community-Led Development and Growth Initiatives in Maryland (USA)
GrantID: 73753
Grant Funding Amount Low: $20,000
Deadline: Ongoing
Grant Amount High: $20,000
Summary
This funding opportunity provides financial support to small businesses seeking to expand their operations, invest in their workforce, or improve their infrastructure. Aimed at businesses with up to 25 employees and less than $7 million in annual revenue, the program targets enterprises based in central Maryland. Recipients receive a one-time grant of $20,000 to use for needs such as equipment upgrades, marketing, staff training, or service expansion. The application process typically opens in the spring, with awards announced in late summer. Eligible applicants must be in good standing with the state and have not received similar funding from this program in the past. The initiative is part of a broader effort to stimulate economic development and help small businesses thrive in their communities. Technical support and application assistance are available to ensure equitable access for a wide range of applicants from diverse backgrounds and industries.
Eligible applicants in Maryland with a demonstrated commitment to Other are encouraged to consider this funding opportunity. To identify additional grants aligned with your needs, visit The Grant Portal and utilize the Search Grant tool for tailored results.
Eligible Regions
Interests
Eligible Requirements
