​Maryland Insurance Administration's Financial Education Series

Each Wednesday during the month of April, the Maryland Insurance Administration will be hosting a series of presentations to help consumers learn steps that they can take to become more financially sound.  The presentations will include:
  • information on how to improve your credit;
  • programs that will help you purchase your first home;
  • how to save money on your automobile insurance;
  • information to help you plan for retirement;
  • why you should maintain your homeowners policy;
  • what you need to know about reverse mortgages; and so much more.
​For additional information contact: James Mobley at james.mobley@maryland.gov
​Join via Zoom

​Link:
https://www.zoomgov.com/j /1610043067

Call in:
833 568 8864
pin: 161 004 3067
​For additional information contact Kejuana Walton kejuana.walton@maryland.gov
Join via Zoom

Zoom Link:
https://www.zoomgov.com/j/1601797913

Call in:

​833 -568 -8864
pin: 160 179 7913
For additional information about this event contact: James Mobley at James.Mobley@Maryland.gov

Join via Zoom

Zoom link:
https://www.zoomgov.com/j/1605285493

Call in:
833 568 8864
pin: 160 528 5493
For additional information contact: James Mobley james.mobley@maryland.gov

Join via Zoom

Zoom link:
https://www.zoomgov.com/j/1602384293

Call in:
833 -568 -8864
pin: 160 238 4293

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.