A message from Rockville Chamber of Commerce President and CEO, Marji Graf
I’m happy to see the better days have arrived! Maryland Governor Hogan says COVID-19 State of Emergency, mask mandates to end July 1, 2021.
The good news: Vaccines have delivered on the promise to end to the public health crisis we’ve been coping with for the better part of a year. I want to give a special thank you to the Rockville Mayor and Council — our leaders in the county and state, and our community and Chamber members — for their resilience, creativity and generosity exhibited during the pandemic.
Every day, I’m inspired by stories of how our businesses have taken care of their employees, customers and the local community. And how the community is supporting business by now dining indoors, and continuing to serve outdoors and takeout, as well as ordering goods online from their favorite boutique.
The Chamber, as always, will focus on helping Rockville thrive.
In that spirit, here is a list of business resources we hope answer your questions, keep you safe, provide relief, and help you grow your business.
COVID EIDL funds Updates | September 21, 2021
The loan product offered via the COVID EIDL program is the remaining small business COVID recovery option. It is beneficial to small business owners due to its
•Generous Terms: 3.75% interest + 30-year repayment horizon + 2 years deferment
•Reduced Repayment Burden: 30 years with 2 years deferment results in relatively smaller monthly payments versus market alternatives ($10,000 COVID EIDL = monthly repayment of less than $50 a month)
•Flexible Use: Small businesses can use COVID EIDL funds on any normal operating expenses and working capital, including paying business debt
•Accessible Application: COVID EIDL is obtained directly through the SBA, requiring no external financial institution for a small business to apply for and obtain funds
Grant Opportunities | June 15, 2021
Listed below, you will find a miscellaneous assortment of grant opportunities. If you have questions about grant eligibility, please direct inquiries to the organization listed in this email. Also, the Jane Walker grant is not from the State of Maryland.
- Jane Walker – IFW First Women Grant Program – Originally launching the program with 15 grants, Jane Walker will now be matching the program and funding an additional 15 groundbreaking women-owned businesses through the end of the year. Together with a network of powerful icons, businesses will be selected across Entertainment & Film, Music, Sports, Journalism, STEM and Hospitality, all on their journey towards a monumental first. Each recipient will receive a $10K grant plus a one-year IFundWomen Annual Coaching Membership. Applications are being accepted on a rolling basis through October 2021. Learn more here.
- IFundWomen Universal Grant Application – When IFundWomen brokers a grant with a partner, they match the partner’s grant criteria to those businesses who have applied through their Universal Grant Application. If you’re a match, they may request that you apply for that partner’s specific grant program, and you will be notified. Learn more here.
Grants for Not-For-Profits
- She Angels Foundation Grant – She Angels Foundation awards grants ranging from $3-10k to female founded and operated non-profit organizations that provide mentorship, funding, training, and advancement resources to girls and women. Learn more here by clicking on “grants”.
- Patagonia Corporate Grant Program – The corporate grant program at Patagonia gives between $10,000 and $20,000 of funding to innovative nonprofit organizations that work to preserve and protect the environment. Learn more here.
- American Association of University Women (AAUW) – Community Action Grants provide funding to individuals, AAUW branches and AAUW state organizations as well as community-based nonprofits for innovative programs that promote education and equity through projects focused on encouraging girls to select, before entering college, the physical sciences or engineering as a career. Grants range from $3K to $10K. Applications open on August 1, 2021 and close on December 1, 2021. Learn more here.
Grants for Black Artists
- YouTube Black Voices Fund – Beginning June 21, 2021, applications will open for the #YouTubeBlack Voices Class of 2022. If you identify as a Black creator, artist, or songwriter/producer, looking to further build your voice on YouTube and make an impact, we want to hear from you. If selected, you receive resources and seed funding. Applications for the Fund will be open from Monday, June 21st through July 9th, 2021. (Note: This fund is for Black creators, artists and songwriters/producers, located in Australia, Brazil, Canada, Kenya, Nigeria, South Africa, United Kingdom, and the United States.) Learn more here.
Grants for Indigenous Peoples
- Henry Luce Indigenous Knowledge Fellowship 2022 – First Nations will award 10 fellowships of $75,000 each to 10 outstanding Native knowledge holders and knowledge makers engaged in meaningful work that benefits Indigenous people and communities. The fellowship is a two-year, self-directed enrichment program designed to support the process of growth, development, knowledge and networks of Native leaders and thinkers. The fellowships supports the work of Native knowledge holders and knowledge makers as they significantly advance their work and spark transformative change in their communities. Applications are due by July 13, 2021. Learn more here.
Grants to Support Continuing Education
- American Association of University Women (AAUW) – Career Development Grants – For women pursuing a certificate or degree to advance their careers, change careers, or reenter the workforce in education, health and medical sciences, or social sciences and whose bachelor’s degree was received at least eight years before the award period. Primary consideration is given to women of color and women pursuing their first advanced degree or credentials in nontraditional fields. Grants range between $2K and $12K. Applications open August 1, 2021 and close November 15, 2021. Learn more here.
- Astia – Astia is a nonprofit founded in 1999 that works to identify and invest in high-potential women-owned startups. It uses a review system based on personal referrals to find, prioritize, and reward the right female entrepreneurs. The organization operates globally with locations in SF, London, and NYC. Learn more here.
Small Business Funding | May 2, 2021
Please note: The State of Maryland (MD Labor) does not have affiliations with any of these organizations. Any specific questions about grant eligibility should be directed to contacts on their websites
- Dream Big Awards – Offers a $25,000 cash prize to the Small Business of the Year winner. The application deadline is July 16, 2021. You can apply for the awards as a small business or be referred by a local Chamber of Commerce or trade organization. Learn more here.
- Nav’s Small Business Grant – Nav, a loan and credit card matching service has a 2021 round of grants to help small businesses. The grand prize winner receives a $10,000 grant and the runner-up received $5,000. Applications are open through May 31, 2021. Learn more here.
- GoFundMe Small Business Relief matching grant – The GoFundMe.org Small Business Relief Fund will provide micro-grants to qualifying small businesses negatively impacted by the COVID-19. If your business raises up to $500, you can get a $500 match from the fund. Learn more here.
- Black Founder Startup Grant – SoGal Foundation has teamed up with Winky Lux, bluemercury, twelveNYC, Twilio, and other sponsors to provide $10K and $5K cash grants to Black women or nonbinary entrepreneurs. Applications are rolling – more info can be found here.
- Black Restaurant Accelerator Program – In partnership with PepsiCo Foundation, the National Urban League through its 12 Entrepreneurship Centers in cities across the U.S., has launched the Black Restaurant Accelerator Program (BRAP). The Program will provide direct grant assistance grants to 500 businesses, and technical assistance, including entrepreneurial coaching. Must be Black-owned food service company located in in the service area of a National Urban League Entrepreneurship Center in one of the following cities: Atlanta, GA; Baltimore, MD; Chicago, IL; Cincinnati, OH; Cleveland, OH; Houston, TX; Jacksonville, FL; Las Vegas, NV; Los Angeles, CA; New Orleans, LA; Philadelphia, PA; and Washington DC. Learn more here.
- Digital Undivided Fellowship – The Do You Fellowship Program will award 10 promising Black and Latinx women innovators with a $5,000 investment in their business and access to unparalleled resources and mentorship necessary to develop their businesses. To learn more and register to be notified when the applications are available, click here.
- Black Girl Ventures Pitch Competition – The BGV Pitch Competition is crowdfunding meets pitch competition. Each founder has 3 minutes to pitch and a 3 minute Q&A from the audience. Learn more here.
- For Artists – Artwork Archive’s Art Business Accelerator Grant – awards visual artists with 10 cash grants of $2,500 each. This grant gives artists an unrestricted cash grant, six weeks of self-guided online educational resources and one-on-one expert career guidance. The 2021 grant cycle is open March 1, 2021 – May 14, 2021 Learn more here.
- Citizen Awards – The U.S. Chamber of Commerce Foundation has opened nominations for its annual Citizens Awards, which includes a category for small business. (Looks like this is an award in name only – no financial award) Deadline to submit is June 25, 2021. Learn more here.
- Leniency from credit card companies – Many credit card companies have released statements announcing that they’ll be giving COVID-19 relief for small businesses. They’re doing this by waiving service fees for 30 days, or offering other types of disaster relief assistance. Be sure to check with your bank or credit card company to find out if they are offering any special services during the COVID-19 pandemic.
- Questions about PPP Loans? The SBA will continue to accept PPP loan applications until May 31, 2021. This US Chamber webpage has some great info on this page about “23 Frequently Asked PPP loan questions”.
- The US Chamber also has a section of their website devoted to “saving small business”. Some great resources and funding opportunities are mentioned here.
Grant Opportunities – State of MD | Feb 18, 2021
|2021 Child Care Relief Fund Grant Application (now accepting applications)|
The Consolidated Appropriations Act of 2021 provides $10 billion in much-needed direct pandemic-related relief for the child care sector. These funds can be used to support providers facing reduced enrollment and increased costs of serving children safely, reduce family co-payments, pay staff salaries, provide care for the children of essential workers regardless of income, support costs related to reopening, and more. MSDE is pleased to provide the Child Care Pandemic Relief Fund Grant application to all operating child care programs in Maryland. https://earlychildhood.marylandpublicschools.org/child-care-relief-funds-grant
Hotel and Motel Grants (Anne Arundel County Only) Grant opens on 2/19/2021
Anne Arundel Economic Development Corporation (AAEDC) is able to disburse $5 million from the State of Maryland to fund grant applications from hospitality businesses such as hotels, inns, and bed and-breakfast establishments. https://www.aaedc.org/business/financing-and-tax-credits/hotel-relief-grant/
Nav’s Small Business Grant – between January 19th and March 8th
Up to $10,000 to take your business to the next level. Submit entries between January 19th and March 8th for your chance to win.https://www.nav.com/business-grant-contest/Each quarter, Nav offers a $10,000 small business grantto help them solve a business problem or take their business to the next level.
Health Care Quality Accounts Grants Program
The Office of Health Care Quality (OHCQ) of the Department of Health and Mental Hygiene (DHMH) seeks applications for grants for projects designed to improve the quality of care provided to residents in nursing homes and/or assisted living facilities.
FedEx Small Business Grant Contest (2/16/2021 to 3/9/2021)
Running a small business isn’t easy. And in 2020, it was as difficult as it’s ever been. What could you do with $50,000 for your small business? This year, the FedEx Small Business Grant Contest is offering over $250,000 in cash and prizes to 12 winners. Entering is a great opportunity to gain exposure for your business and connect with your community and your fans – and winning could help write the next chapter of your story. Start thinking about how you want to tell your story: What do you want to share about your business? What could a grant help you accomplish? https://www.fedex.com/en-us/small-business/grant-contest.html
COVID Relief | March 15, 2021 and before
Maryland RELIEF Act Support for Businesses
Frequently Asked Questions: PPP-FAQs-3.12.21.pdf (sba.gov)
How to Calculate First Draw Loans: How to Calculate First Draw PPP Loan Amounts (sba.gov)
How to Calculate Second Draw Loans: HowtoCalculateSecondDrawFAQs-3.12.21.pdf (sba.gov)
Maryland RELIEF Act Support for Businesses
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.