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Economic Development Announcements

Posted on: May 3, 2021

BGE Energizing Small Business Grants Program - up to $20K for SMB

Through the BGE Energizing Small Business Grants Program, eligible businesses located in BGE's service area will have two additional opportunities to apply for grants of up to $20,000: 

  • May 5 - June 16, 2021
  • September 1 - October 13, 2021

To be eligible, a business must have between one and 25 employees, less than $7 million in annual revenue, a demonstrated need for support, a strong plan for moving forward, and be in (or on the way to) good standing with the state of Maryland.

During the first round of the BGE Energizing Small Business Grants program, BGE, Hello Alice and GEN Global engaged over 400 partner organizations and 3,300 small businesses, dispersed $1.76M in funds to 88 diverse small business owners across a variety of industries in the state of Maryland, and provided continued support to non-recipients through access to unlimited tools, resources and step-by-step guides within the Hello Alice platform.  

Additional details on the BGE Energizing Small Business Grants program, including application criteria and deadlines, will be announced when the program opens in January 2021 at and across BGE's social media platforms.  

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