Additional COVID-19 Funding Available for 501(c)(6) Nonprofit Organizations in Maryland (applications open Aug 17)

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August 17, 2020

Governor Hogan recently announced $50 million to establish the Maryland Nonprofit Recovery Initiative, which will help support a variety of nonprofit organizations throughout the state, with up to $8 million used to fund nonprofits that have already applied to Maryland Commerce’s Small Business COVID 19 Emergency Relief Grant Fund. The state is dedicating $1 million of the Emergency Relief Grant funds to launch a new application process for 501(c)(6) organizations, and will determine if additional available funding will be added further into the application process. Approved applicants can receive up to $10,000 in grant funding for quarterly operating expenses.

Applications will be available on the OneStop portal beginning August 17 and will be accepted through August 24 at 5PM. [Link to OneStop Portal: https://bit.ly/2DHWkRs).  Unlike previous rounds of funding where applications were awarded on a first-come first-served basis, this round will also be scored and approved based on specific criteria established by Maryland Commerce.

Learn more here: https://bit.ly/2PLr9XY.

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