Resources for Small Businesses in Response to COVID 19

We know that these are incredibly challenging and uncertain times for Baltimore’s small business community as you make difficult decisions on how to limit and adapt operations to protect the health and financial well being of your employees, customers, and business with the spread of COVID 19. We are compiling resources that are available and may be of assistance to businesses in Baltimore and throughout the state during this time of crisis, and will continue to update as new information becomes available.

NEW: Baltimore Development Corp announces new grant up to $15,000 for Baltimore City small business for expenses such as payroll, rent, and PPE. Targeted to support those businesses who have been unable to access other federal assistance.

NEW: Lendistry has committed an additional $10 million in PPP assistance for Baltimore small businesses that have not been able to access. You may put in a second application if your initial application was not funded

NEW: Technical support in applying for small business assistance funds from Baltimore Development Corp and Impact Hub Baltimore

NEW: Mainvest offers Shared Revenue Notes, which allow businesses to offer investors a percentage of their revenues and pay out overtime until they receive an agreed upon return. Investor payments are tied to sales, which offers employers flexible options– if sales slow down, investment repayment matches accordingly.

Share your Experience!
Complete the Baltimore Development Corporation Impact Survey and the Impact Hub Baltimore Supplemental Economic Impact Assessment 

Relief Funds

Guides & General Resources

Free In-Kind Resources for Small Businesses 

  • Free courses from ServSafe for restaurant and food service workers on Food Handler certification and Takeout and Delivery Covid 19 Precautions

Advising & Discussion Forums 

Guidance for Leading your Team

Access to Capital & Loans 

Legislation & Government Agency Response

Pages to Follow for Updates