UPDATE: THE APPLICATION PERIOD FOR THIS GRANT CLOSED ON Friday, SEPTEMBER 30, 2022, AT 5 PM.
Montgomery County's Small Business Rental Assistance Grant Program - Phase 2 will provide grants to small businesses in qualifying industries to support rental costs, both current and arrears rent payments. The grant is intended to mitigate the injury experienced by Montgomery County businesses due to the pandemic, especially in light of the extended duration of the hardship.
The application period for Phase 2 is CLOSED.
Please email [email protected] for additional questions.
APPLICATION INFO SESSIONS
- Virtual Info Session in English from 08/16/2022. Also available here:SBRA - Phase 2: English Virtual Information Session Video | SBRA - Phase 2: English Presentation Slides
- Virtual Info Session in Spanish from 08/19/2022. Also available here: SBRA - Fase 2: Video de la Sesión Virtual Informativa en español | SBRA - Fase 2: Diapositivas de la Sesión Informativa
Qualifying businesses can receive up to $10,000 in rental assistance or three months of rent, whichever is less.
- Business must have a physical location(s) only in the county; OR
- County-based locations account for more than 50% of the businesses total number of employees; OR
- County-based locations account for more than 50% of business's gross sales.
- Businesses must have a commercial lease in the County
- Must have received $500,000 or less in annual revenue prior to COVID-19
- Must be able to demonstrate a revenue loss due to COVID-19
- Art Supply Store
- Cards, Gifts, Party Store
- Clothing/Specialty Apparel Store
- Consignment Shop
- Convenience Store
- Corner Stores
- Dry Cleaner
- Electronics Store
- Flooring Center
- Furniture Store
- Gyms / Yoga, Dance, or Fitness Studios
- Hair Salon / Barbershop
- Hardware Store
- Home Goods
- Manufacturer with On-Site Retail
- Massage Therapy
- Nail Salon
- Pet Supply Store
- Printing & Signage Shop
- Specialty Products (e.g. beads, incense, candles)
- Specialty Retail Store
- Tuxedo/Dress Rental Shop
- Waxing Center
- Veterinary Office
- Auto Repair
NOTE: Restaurants, food service businesses, medical practices, professional services, religious organizations, and licensed child care programs are ineligible, per county guidelines.
Have you been thinking about becoming an entrepreneur? Wouldn’t it be fantastic to launch that new product or business you’ve dreamed of for months or even years? This post will teach you four easy tips and tricks to get you started. Read more here!Read more
In this episode of Econo-Mía, in Spanish, you will meet Luis Medina and his wife, Darleen Irizarry, owners of Mr. Kitchen Commercial Solutions. Launched in Puerto Rico in May 2020, Mr. Kitchen Commercial Solutions is a small home-based business that steadily tripled its sales investment after six months of operations.Read more
LEDC joins PULSO, a collaborative to help micro and small businesses in the Northern Region of Puerto Rico
The Latino Economic Development Center (LEDC) enlists in a collaboration led by the Foundation for Puerto Rico and financed by the U.S. Small Business Administration (SBA) known as PULSO to engage with micro and small business owners looking for financial guidance in the Northern Region of Puerto Rico.
In 2020, Christie made the bold decision to put nursing school on hold and formalize her side hustle. The path to entrepreneurship was bumpy, but with support from Empowered Women International (EWI), she formalized the bakery and recently moved into a commercial kitchen.Read more
Small businesses on S. Broadway between Gogh Street and E. Pratt Street in Fells Point are undergoing major façade improvements with support from LEDC and the Maryland Department of Housing & Community Development (MD DHCD).Read more
Number 1 Sons' fermented foods already have a loyal following in the DMV. But, once the COVID-19 pandemic hit, they were forced to adapt. Thanks to the Entrepreneurs of Color Fund (EOCF), they were able to weather the storm and create a new vision for their small business.Read more
María Guadalupe López wanted to share her Mexican culture with her community. After completing the Entrepreneur Training for Success (ETS) program, María learned the entrepreneurial skills necessary to make her dream a reality. Apapacho, her store specializing in Mexican goods, opened in October 2019.Read more