Grant Opportunity: Small Business Support Program in Maryland

GrantID: 9458

Grant Funding Amount Low: $2,500

Deadline: Ongoing

Grant Amount High: $5,000

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Summary

This grant opportunity is a small business support program. It is designed to help very small, for-profit businesses that operate locally and have only a handful of employees. The program’s purpose is to strengthen community-level economic activity by offering financial assistance to business owners who may need help with early-stage costs, business improvements, expansion efforts, or stabilization during challenging periods. The funds are intended to support activities that help create or retain jobs, particularly for individuals and households with modest incomes who benefit from expanded employment opportunities.


The grant amount is relatively small compared to large-scale funding programs, typically ranging from about two to five thousand dollars. Rather than being paid in advance, the funds are usually provided after expenses are documented, allowing the program to ensure that the grant is used for eligible business needs. These expenses may include certain types of equipment, inventory, marketing, or other direct business costs that help the enterprise operate more effectively or reach new customers. Some expenses, such as significant construction or building renovation, are generally not supported.


Participation is limited to businesses located within defined municipal boundaries, or in some cases, those that regularly conduct most of their operations there. Nonprofits, individuals, and larger companies do not qualify for this funding. The program focuses on true microenterprises, typically those with five or fewer employees, including the owner.


Overall, this grant opportunity is intended to strengthen small-scale entrepreneurship, promote economic growth within the city, and provide meaningful help to business owners who are building or maintaining enterprises that contribute to the vitality of the local community.


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Eligible Regions

Interests

Eligible Requirements

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Grant Portal - Grant Opportunity: Small Business Support Program in Maryland 9458

Overview

This grant is meant to financially support organizations or entities that focus their efforts on, but not limited to: Business & Commerce, Community Development & Services, Community/Economic Development, Employment, Labor & Training Workforce, Financial Assistance, Small Business .