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Pages tagged "small business assistance"


Montgomery County's Small Business Rental Assistance Grant Program - Phase 2

Posted on Direct Community Investments by Sofia Iszard · July 25, 2022 1:07 PM

UPDATE: THE APPLICATION PERIOD FOR THIS GRANT CLOSED ON Friday, SEPTEMBER 30, 2022, AT 5 PM.

PROGRAM OVERVIEW

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

AWARD VALUE

Qualifying businesses can receive up to $10,000 in rental assistance or three months of rent, whichever is less.

ELIGIBILITY

Geography

  • 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. 

Lease

  • Businesses must have a commercial lease in the County

Revenue

  1. Must have received $500,000 or less in annual revenue prior to COVID-19
  2. Must be able to demonstrate a revenue loss due to COVID-19

Qualifying Businesses

  • Art Supply Store 
  • Bookstore 
  • Cards, Gifts, Party Store 
  • Clothing/Specialty Apparel Store 
  • Consignment Shop 
  • Convenience Store 
  • Corner Stores 
  • Dry Cleaner 
  • Electronics Store 
  • Flooring Center 
  • Florist 
  • Furniture Store 
  • Gyms / Yoga, Dance, or Fitness Studios 
  • Hair Salon / Barbershop 
  • Hardware Store 
  • Home Goods 
  • Jeweler 
  • Laundromat 
  • Manufacturer with On-Site Retail 
  • Massage Therapy 
  • Nail Salon 
  • Pet Supply Store 
  • Pharmacy 
  • 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. 

FAQ's 

Frequently asked questions in English

Preguntas y respuestas frecuentes en español


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