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Maryland COVID-19 Emergency Relief Fund Programs for Businesses

NOTES: 

  • As of April 21, Maryland Commerce is no longer accepting applications for its Emergency Relief Manufacturing Fund. All applications are currently being reviewed.

  • As of April 6, Commerce is no longer accepting new applications for its COVID-19 Small Business Relief Grant and Loan Programs. All applications that have been submitted are currently being reviewed in the order received. 

  • Read our COVID-19 Emergency Relief Fund Program FAQs for more information about the second round of funding.

We encourage businesses throughout Maryland to continue exploring other forms of assistance, such as federal and local programs. Visit our frequently updated Maryland Coronavirus (COVID-19) Information for Business page to learn about COVID-19 resources and financial assistance programs. For more information on federal resources, read the Small Business Owner's guide to the CARES Act, or find more details from the U.S. Department of the Treasury.

NEW! - MSBDFA COVID-19 Emergency Relief Loan Fund

Beginning July 20, 2020, this MSBDFA Fund provides emergency financial relief to businesses that have experienced economic hardship due to the COVID-19 pandemic crisis with low interest rates and low documentation loans to eligible Maryland businesses. Five-year term loans ranging from $25,000 to $200,000 will be available with an interest rate of  0% for the first 12 months and 2% for the remaining term of the loan. Click here for program details and guidelines.

NEW! - Maryland COVID-19 Emergency Relief Grant Fund for 501(C)(6) Nonprofits

Beginning August 17, 2020, this program will support Maryland’s nonprofit 501(c)(6) organizations facing financial impacts from the novel coronavirus. The Maryland Department of Commerce in conjunction with the Maryland Department of Housing and Community Development (DHCD) have established the Maryland COVID-19 Emergency Relief Grant Fund for 501(C)(6) Nonprofits with $1 million of federal CARES Act funding.  

The grant will provide financing to organizations experiencing economic stresses in order to mitigate potential layoffs or organizational closures due to COVID-19. Eligible organizations may apply for funding up to $10,000. We will accept applications starting August 17 through August 24. Click here for program details and guidelines.

Program links (no longer accepting applications):

The following lists contain the names of recipients of our Maryland Small Business COVID-19 Emergency Relief Grant & Loan Funds and our Maryland COVID-19 Emergency Relief Manufacturing Fund as of July 31, 2020.