Business Grant Opportunities

If you are looking for potential grant opportunities for your business, check out our list below. Grants are categorized by type, offering a high-level overview of details such as eligibility requirements, designated purposes, and more. Please click on the grant name to find out more information about the grant or to apply.

Please note: The list provided is not exhaustive and there may be additional grant opportunities available for businesses. It is essential for business owners to conduct further research to determine their eligibility for any specific grants.

To find other grant opportunities visit:

  1. Corporate
  2. Federal
  3. State

Amber Grant

  • Rolling applications
  • Up to $10,000
  • Businesses must be at least 50% women-owned and be in existence for at least one year
  • The application does require a fee to apply however the organization has been awarding funding since 1998 and has proven reputable.

BGE Energizing Small Business

  • Jan 20- March 3, May 5 - June 16, Sept 1- Oct 13
  • $20,000
  • For-profit businesses located within BGE's service area ; Existing BGE electric and/or gas customers with good payment history; In good standing with the State of Maryland ; Must have between 2-25 employees (full-time, part-time, contractors); Maximum annual gross revenue - $7 million; Demonstrated need for funding to support business and serve customers.

Black Founder Startup Grant

  • Rolling applications
  • $10,000
  • Self-identify as a Black woman or Black nonbinary entrepreneur (inclusive of multiracial Black women and multiracial Black nonbinary folks) and have a legally registered business plan to seek investor financing in order to scale, now or in the future, have a scalable, high-impact solution or idea with the ambition to be the next billion dollar business.

Caress Dreams Fund

  • May 24
  • $5,000
  • Business must be owned and operated by a woman of color; Must be located in the U.S, identify as female, and be over the age of 18; Must have annual revenue of $10K or more; Must have a compelling digital presence and supporting media.
  • Through the Caress Dreams to Reality Fund, 30 women of color founders who qualify will be enrolled in an exclusive 12-week crowdfunding accelerator program to set them up for a successful fundraise on IFundWomen.

The Cartier Women's Initiative

  • May 10 - June 30
  • $30,000 - $100,000
  • Business must be an eco-friendly and sustainable women-owned business

Comcast Rise

  • Providing a multi-year commitment to marketing, creative, media and technology services to Black, Indigenous and People of Color (BIPOC)-owned small businesses.

Etsy Emergency Relief Fund

  • Rolling applications
  • $2,500
  • Etsy sellers may be eligible for relief funding thanks to CERF+, a nonprofit organization that provides support and preparation resources to artists during emergencies and disasters. This program grants up to $2,500 to Etsy sellers who have been through a natural disaster.

Fearless Fund - Women of Color Grant Program

  • Starting April 18, rolling application windows
  • $10,000
  • Businesses must be at least 51% WOC owned; Revenue generating (Minimum annual revenue of $100,000 strongly preferred); One to five years in business preferred; Formed under United States law and operating in the United States.

FedEx Small Business Grant Contest

  • Application is only open for a one-month period each year.
  • $25,000
  • For-profit businesses with at least 6 months in business.
  • Competitive grant contest. Good for businesses with a strong social media/online presence.  

Galaxy Grant

  • June 30
  • $3,750
  • Minority Woman- Owned Business

Jobber Grants Program

  • $2,500 and $15,000
  • Business must be in the home service industries (HVAC, plumbing, pool service, etc.).

Military Entrepreneur Challenge

  • Up to $15,000
  • Applicants must be at least 21 years of age at the time of application. Applicants must be a veteran, Reservist, National Guardsman, or transitioning active-duty Military Member of any of the United States Armed Forces, the spouse of a Military Member, or the surviving spouse or child of a Military Member who died on active duty (i.e., a “Gold Star” family member). Applicants must be low-income and otherwise lack the financial means to start, or grow, an early-stage business or nonprofit. Applicants must own at least 51% of the business entity described in the application. Business entities, as defined in these rules, include sole proprietorships, legally incorporated LLCs, S-Corps or C-Corps (or formal partnerships) created under the laws of any U.S. jurisdiction. If the Applicant is applying in conjunction with a nonprofit organization, the Applicant must be the organization’s senior executive director or equivalent in order to be eligible for the grant. The nonprofit or business entity will also be evaluated on its positive social, community, educational, military-transition, veterans’ employment, health and wellness, or veterans’ mental health/spiritual impact on the American military and veteran community in addition to or in conjunction with the business or nonprofit functions.

National Association of the Self Employed

  • Rolling applications
  • Up to $4,000
  • Grants can be used for marketing, advertising, hiring employees, expanding facilities and other specific business needs.
  • Must be a member.

Pearl Milling P.E.A.R.L. Pledge Grant

  • June 14
  • Up to $100,000
  • Organizations do not need to be nominated to apply. 
  • They are looking for nonprofit organizations that do work or offer programming that services Black women and/or girls, whether this is their overall organization mission or applies to a specific initiative.

Progressive Driving Small Business Forward

  • June 2
  • $25,000
  • To be eligible, a business must be majority (51%+) owned and operated by a Black-identifying entrepreneur(s), have a demonstrated need for a commercial vehicle, commitment to the local community, and have a clear plan to keep their business moving forward.

Wish Local Empowerment Program

  • There are no specific requirements on how to allocate the funds. However, it is encouraged that you put the money toward keeping your workforce employed, pay rent, operation, and inventory costs, connect to other customers, and provide opportunities to your community.
  • $500 - $2,000
  • Black-owned business, with 20 or fewer employees, and brick - and mortar shop in the US. Store must earn an average revenue of under $1 million dollars.

If you are a Calvert County Small Business Assistance Grant Fund recipient looking for the reporting document, please click here.

For questions, please email or call the Department of Economic Development at 410-535-4583.