The Dorchester County Council yesterday approved the COVID-19 Grant Relief Program to provide economic assistance to small businesses impacted by the ongoing pandemic. Businesses who have not received any state or federal COVID-related aid will be eligible for a $3,000 grant plus $100 per employee up to 50 employees.
Funding priority will be given to businesses that have not received any federal or state economic assistance at the time of application. The remainder of applications will be reviewed on a first-come, first-served basis.
According to a press release:
Dorchester County will provide small business with funding relief for qualifying expenditures including: Payroll; rent or mortgage; operating expenses; inventory acquisition; working capital; personal protective equipment; and/or sanitizers.
Funds cannot be used for capital improvements or personal expenses. A grant report is due 60 days after receipt of funding. All grant funds must be returned to the county if a business fails to reopen.
To qualify, small businesses must:
- Be a for-profit entity
- Have 50 or fewer employees
- Demonstrate a loss of revenue and disruption due to COVID-19
- Certify that they have not received other forms of federal or state COVID-19 assistance or relief at the time of application
- Have been in operation prior to February 1, 2020
- Be in good standing with the State of Maryland, and registered if required by law
- Not currently be in default on any loans from Dorchester County or delinquent on any taxes owed Dorchester County
Churches; non-profit organizations; investment real estate firms; financial institutions; government agencies; and new business ventures are not eligible.