Western Maryland Consortium's Re-Employment Grant

The Western Maryland Consortium announces their Re-employment Grant to help offset the cost of new hires.
  • Up to $25,000 per business
  • Amount is determined based on the amount of employees hired and their starting pay rate
  • Employer must be located in Western Maryland
  • Washington, Allegany, or Garrett County
  • Must be full time or part time positions with benefits
  • Once application is approved, businesses have 30 days to hire the employees

New COVID-19 Relief Grants Available!

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​The new funding will be available through the Maryland Economic Development Assistance Authority and Fund (also known as Commerce's Advantage Maryland program), a flexible and broad-based program which usually funds grants, loans and investments to support economic development initiatives; and through Commerce's Small, Minority and Women-Owned Business Account, which uses proceeds from video lottery terminals at Maryland’s six casinos to assist small, minority, and women-owned businesses.
 
This funding will be targeted toward certain groups of businesses, including:
  • $10 million for businesses who do not collect sales tax and can demonstrate a need for assistance, with priority given to those who have not already received assistance;
  • $500,000 for businesses seeking to set up online sales or help employees telework;
  • $10 million for small, minority, and women-owned businesses;
  • $8 million for private commuter bus operators and local transit systems.
 
Commerce will also provide an additional $22 million to the local jurisdictions for relief to restaurants and $10 million for hotels.  An additional $5 million in grant funding will be available to artists and arts organizations through the Maryland State Arts Council, and another $1 million for tourism marketing will be provided to the destination marketing organizations in each jurisdiction.
 
Commerce anticipates accepting initial applications for the new funding in mid-March.  Please continue to visit our business resources website for the latest information.
TEDCO has a funding program that is an economic relief initiative to benefit socially and economically disadvantaged, and rural early-stage technology-based businesses hit hardest by the COVID-19 pandemic. This program is state-wide and is supported by $5M recently allocated from the Governor. 
 
TEDCO is in the midst of deploying these funds, up to $100,000 per company; and applications are being accepted online. Please share this information with companies in your area.
 
Information about the Rural and Underserved Business Recovery from Impact of COVID-19 (RUBRIC) program can be found by clicking here. There is also a recorded open forum about this program, click here to view.