Two Business Assistance Grants Expand on November 23
Carroll Rebound II – Retail – To Include Small Business Services
Carroll County Restaurant Relief – To Include Service Organizations with Commercial Kitchens
Carroll Rebound II – Retail grant applications will be accepted on a first-come, first-served basis and be reviewed by an internal team. Retail grant applicants must have been established in Carroll County as of March 1, 2020, be open and operating in a commercial/industrial zone, and be in good standing with the State of Maryland and Carroll County. Small businesses offering services to clients are now eligible and may apply for grants beginning Monday, November 23rd at noon. Service businesses that previously applied and were denied funding must reapply. Ineligible businesses include home-based businesses, national/regional chains and publicly traded companies/franchises. Awards will be made based on verified employment as follows:
- Five (5) or fewer full-time equivalent (FTE*) employees – $3,000
- Six (6) to 50 FTE employees – $5,000
*FTE employees are counted as working 30+ hours a week
A grant agreement will be executed with the grantee and grant monies must be spent by December 30, 2020. All grant documents must be kept for a period of five years.
Carroll County Restaurant Relief
Carroll County Restaurant Relief grant applications will continue to be accepted on a first-come, first-served basis. Service organizations with commercial kitchens are now eligible and may apply to begin Monday, November 23rd at noon. Restaurants must be established in Carroll County as of March 1, 2020, be open and operating in a commercial/industrial zone, and be in good standing with the State of Maryland and Carroll County. National/regional chains, franchises, and publicly traded companies are not eligible. Breweries, distilleries, food trucks, wineries, and service organizations with a commercial kitchen are eligible and exempt from the zoning requirement. All grant documents must be kept for a period of five years. Awards will be based on verified employment as follows:
- Nine (9) or fewer FTE* employees – $5,000
- Ten (10) to 50 FTE employees $10,000
*FTE employees are counted as working 30+ hours a week
A grant agreement will be executed with the grantee and grant monies must be disbursed to restaurants by December 31, 2020.
Both the retail and restaurant programs will allow new eligible working capital expenses of rent/mortgage and utility bills, in addition to the previous program eligible expenses of:
- Information technology hardware/software
- Marketing
- Employee training
- Commercial cleaning
- Professional services
- Equipment and vehicle business expenses
- COVID-19 related expenses
