Calvert County Small Business Assistance Grant Fund
Calvert County Small Business Assistance Grant Fund
The Calvert County Small Business Assistance Grant Fund is now closed. For those who have applied, we will be in contact as we process applications to inform you of the status of your application.
The Calvert County Small Business Assistance Grant Fund is designed to help small local businesses grow and strengthen their existing businesses that are currently in operation in Calvert County. Grants will be available for up to $50,000.
Grant funding must be used for expenses that expand the visibility and sustainability of the business. Examples of allowable uses include but are not limited to:
Purchase of expanding and/or new inventory offerings
Workforce training and development
Capital Improvement Projects
Hiring new employees
Website development and/or improvements
Business expansion costs
Other costs associated with investing in the growth of the business
Ineligible Costs:
Purchase of alcohol, tobacco, vaping or related items
Paying off existing debts or loans
Rent/mortgage payments
Eligibility Criteria
Eligible applicants must:
Be a for-profit business located in Calvert County, MD,
Be a legally-recognized business in good standing with the State of Maryland as determined by the Maryland Department of Assessments and Taxation (SDAT),
Be current on all county tax liabilities (paid in full),
Be in operation for at least two years and making positive revenue,
Note: If your business is not making positive revenue, you are still eligible to apply. However, you will be required to provide justification explaining why your business is not making positive revenue.
Have a minimum of 2 employees but not more than 100
Ineligible applicants include:
Nonprofit entities- [501(c)(3), 501(c)(6) or 501(c)(19)]
1099 Independent Contractors
Corporate-owned franchises or chain entities
To Apply
All applicants must submit the following information to apply for the fund:
Completed online application,
A project narrative that provides a detailed explanation of how the funds will be used if awarded,
Last two years of business tax returns filed (first two pages only),
Copy of business licenses if required by the business,
Most recent W-9 (page 1),
Most recent 941 Form that shows the numbers of employees.
Applications will be reviewed based on a point system with the following taken into consideration:
Business need
Job creation/revenue growth potential
Business viability and the likelihood of permanence
Project narrative
Please note, this is a competitive grant program and applications will be awarded until all funds are exhausted.