{"id":12245,"date":"2024-09-09T11:00:00","date_gmt":"2024-09-09T15:00:00","guid":{"rendered":"https:\/\/news.maryland.gov\/dhcd\/?p=12245"},"modified":"2024-09-09T11:51:06","modified_gmt":"2024-09-09T15:51:06","slug":"maryland-department-of-housing-and-community-development-announces-applications-to-open-for-business-boost-microgrant-program","status":"publish","type":"post","link":"https:\/\/news.maryland.gov\/dhcd\/2024\/09\/09\/maryland-department-of-housing-and-community-development-announces-applications-to-open-for-business-boost-microgrant-program\/","title":{"rendered":"Maryland Department of Housing and Community Development Announces Applications to Open for Business Boost Microgrant Program"},"content":{"rendered":"\n<p><em><b>Microgrants range from $20,000 to $50,000 to assist small businesses with growth and expansion<\/b><\/em><\/p>\n<p><b>NEW CARROLLTON, Md.<\/b> &#8211; (September 9, 2024) The Maryland Department of Housing and Community Development today announced the opening date of the next application round of the <a href=\"https:\/\/dhcd.maryland.gov\/Business\/Pages\/Microgrant.aspx\">Business Boost microgrant program<\/a>. Microgrants range from $20,000 to $50,000 to support small businesses who need capital for growth and\/or expansion opportunities.<\/p>\n<p>\u201cA successful Maryland includes thriving businesses,\u201d said<b> Secretary Jake Day.<\/b> \u201cA Business Boost microgrant will allow entrepreneurs to take the next step to expand and create new job opportunities while strengthening the local economy.\u201d<\/p>\n<p>The Department is offering up to $2 million of Business Boost microgrants through its Neighborhood BusinessWorks program. The program assists small business owners seeking to expand or establish a location with preference given to home-based businesses establishing their first commercial location outside of the home.\u00a0<\/p>\n<p>To qualify for a Business Boost award, applicants are required to meet one or more of the priority impact attributes that contribute to Maryland\u2019s economic growth, such as supporting minority and women-owned businesses, driving innovation or technology advancements, growing new industries, or leveraging existing regional strengths.\u00a0<\/p>\n<p>Businesses must also be located within a Maryland Sustainable Communities area to be eligible to apply.<\/p>\n<p>The application window opens on Monday, September 23, 2024 at noon. All applications must be submitted by Monday, October 14, 2024 by 5 p.m.<\/p>\n<p>More information on the Business Boost microgrant program and the application process can be found <a href=\"https:\/\/dhcd.maryland.gov\/Business\/Pages\/Microgrant.aspx\">here.<\/a><\/p>\n<p style=\"text-align: center\">###<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microgrants range from $20,000 to $50,000 to assist small businesses with growth and expansion NEW CARROLLTON, Md. &#8211; (September 9, 2024) The Maryland Department of Housing and Community Development today announced the opening date of the next application round of the Business Boost microgrant program. Microgrants range from $20,000 to $50,000 to support small businesses<a href=\"https:\/\/news.maryland.gov\/dhcd\/2024\/09\/09\/maryland-department-of-housing-and-community-development-announces-applications-to-open-for-business-boost-microgrant-program\/\">&nbsp;&nbsp;Read the Rest&#8230;<\/a><\/p>\n","protected":false},"author":239,"featured_media":12247,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[33,1],"tags":[],"class_list":["post-12245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/12245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/users\/239"}],"replies":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/comments?post=12245"}],"version-history":[{"count":1,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/12245\/revisions"}],"predecessor-version":[{"id":12246,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/12245\/revisions\/12246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/media\/12247"}],"wp:attachment":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/media?parent=12245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/categories?post=12245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/tags?post=12245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}