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Grant opportunity · Maryland Department of Housing and Community Development

Business Boost Microgrant Program

$20,000 – $50,000 per award

About this opportunity

The Business Boost Microgrant Program is offered through the Maryland Department of Housing and Community Development's Neighborhood BusinessWorks (NBW) program. It provides direct microgrants of $20,000 to $50,000 to eligible small business owners located in designated Sustainable Communities that need capital for growth or expansion opportunities. The Department has offered up to $2 million total per funding round. Priority is given to home-based businesses establishing their first commercial location outside the home, businesses designated as Minority Business Enterprises, and businesses that support minority- and women-owned enterprises, drive innovation or technology advancements, grow new industries, leverage existing regional strengths, or leverage partnerships with school distri…

Who may apply

for-profit

Deadline

2024-10-14

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