Calvert County Economic Development Announces Small Business Assistance Grant Fund - The Southern Maryland Chronicle

PRINCE FREDERICK, Md. – Nov. 2, 2022 – The Calvert County Department of Economic Development volition motorboat a Calvert County Small Business Assistance Grant Fund to supply fiscal assistance that volition assistance section tiny concern owners turn and fortify their existing businesses.

Competitive grants of up to $50,000 each volition beryllium disposable for existing for-profit tiny businesses that conscionable assistance criteria. The assistance whitethorn beryllium utilized for expenses that summation the visibility and sustainability of the business, including but not constricted to expanded oregon caller inventory offerings, workforce training, and development, superior betterment projects, hiring caller employees, website improvement and improvements, concern enlargement costs oregon different costs associated with investing successful the maturation of the business.

The assistance exertion volition unfastened Wednesday, Jan. 4, 2023, and volition stay unfastened done Tuesday, Jan. 31, 2023. Grant awards are expected to beryllium announced successful mid-February.

To beryllium considered eligible to person a grant, businesses must

• Be a for-profit concern located successful Calvert County, Maryland;
• Be a legally recognized concern successful bully lasting with the State of Maryland, arsenic determined by the Maryland Department of Assessments and Taxation (SDAT);
• Be existent connected each region taxation liabilities (paid successful full);
• Be successful cognition for astatine slightest 2 years and making affirmative revenue; and
• Have a minimum of 2 employees but not much than 100.

All applicants indispensable besides taxable the pursuing erstwhile they apply:

• Completed online application
• A task communicative that provides a elaborate mentation of however the funds volition beryllium utilized if awarded
• Copy of immoderate concern licenses required for the business
• The archetypal leafage of astir caller W-9
• Last 2 years of concern taxation returns filed (first 2 pages only)
• Copies of elaborate paid invoices and receipts oregon quotes for reimbursement of eligible expenses. Receipts accepted for eligible uses from Jan. 1, 2022, up to six months aft assistance launch.

Business owners funny successful receiving a assistance are encouraged to reappraisal eligibility criteria and exertion requirements online at www.ChooseCalvert.com/Grant.

For questions oregon assistance with applying, email grant@calvertcountymd.gov or telephone 410-535-1600, ext. 2881.

The Calvert County Department of Economic Development monitors economical trends and works to execute concern programs that complement Calvert County. The department’s extremity is to pull and clasp strong, steadfast and dynamic companies of each sizes and industries. For much information, visit www.ChooseCalvert.com.

David M. Higgins was calved successful Baltimore and grew up successful Southern Maryland. He has had a passionateness for journalism since precocious school. After spending galore years successful the Hospitality Industry helium began moving in... More by David M. Higgins II, Publisher/Editor