With the passage of the RELIEF act of 2021 by the Maryland General Assembly, new COVID-19 relief will soon be made available for certain Maryland businesses through the Maryland Department of Commerce. They anticipate accepting initial applications for the new funding in mid-March and will update their website as details about these Commerce programs become available.
The 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
$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
Visit the business resources website for additional funding available and the latest information.