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Business Boost Microgrants (via Neighborhood BusinessWorks program) is sponsored by Maryland Department of Housing and Community Development. The Neighborhood BusinessWorks (NBW) program offers Business Boost microgrants to support small businesses that need capital for growth and/or expansion opportunities. These are for eligible new and expanding small businesses in designated Sustainable Communities.
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Maryland Department of Housing and Community Development Awards $25,000 Business Boost Microgrant To Expand Western Maryland Business – Maryland Economic Development Association (MEDA) Maryland Department of Housing and Community Development Awards $25,000 Business Boost Microgrant To Expand Western Maryland Business By MEDA Admin | Mar 28, 2025 Allegany County business among 22 across the state to receive DHCD funding New Carrollton, MD.
– (March 28, 2025) – Maryland Department of Housing and Community Development Secretary Jake Day today announced a $25,000 Business Boost microgrant to an Allegany County business as part of the department’s continued focus to serve as a catalyst for economic development.
“Small businesses are the backbone of Maryland’s economy and these Business Boost grants provide an opportunity for a local enterprise to grow,” said Maryland Department of Housing and Community Development Secretary Jake Day. “Successful businesses lead to thriving communities and ensure that Maryland continues on a path of sustained economic prosperity.
Congratulations to each of the awardees, and thank you for all you do for your communities. ” Business Boost awards are offered through DHCD’s Neighborhood BusinessWorks program and provides applicants with microgrants ranging from $20,000 to $50,000 to support small businesses who need capital for growth and/or expansion opportunities. Grantees are subject to a 45-day local approval process before awards are distributed.
Mountain City Center for the Arts in Allegany County will receive $25,000 to help with new operating costs to help increase enrollment, provide more opportunities for quality arts education and to provide more job opportunities for local professional artists and educators.
Overall, $908,162 in grants to 22 businesses across eight counties and Baltimore City were given to recipients that showcased a well-defined plan to expand operations and positively impact Maryland’s local communities. More information about Neighborhood BusinessWorks programs and how we support local businesses can be found on DHCD’s website . Leave a Reply Cancel reply You must be logged in to post a comment.
http://commerce. maryland. gov http://dhcd.
maryland. gov/
According to the current listing, eligibility includes: Small businesses and nonprofit organizations in designated Sustainable Communities in Maryland. Confirm the full requirements in the official notice before applying.
The current listing shows ranging from $20,000 to $50,000, up to $2,000,000 total. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Business Boost Microgrants (via Neighborhood BusinessWorks program) is funded by Maryland Department of Housing and Community Development. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Maryland. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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