Purple Line Small Business Grants Program Round 1

About

The Purple Line Small Business Grants Program, organized by the Maryland Department of Transportation, offers direct grants of up to $50,000 to eligible small businesses located along the Purple Line corridor to help offset the impact of construction closures or detours on their operations, with a deadline for applications set for March 14, 2025.

Benefits

• 💰Financial Support
  Eligible businesses can receive direct grants of up to $50,000 to offset the impact of construction closures or detours on their operations.
• 💰Financial Support
  Grant funds can be used for various business-related expenses, and payments will generally be made within thirty days of grant award.

Eligibility Criteria

• Businesses must be in good standing with the Maryland State Department of Assessments and Taxation and federal and State taxing and licensing authorities.
• They must have been open and operational along the Purple Line alignment before January 1, 2022, and be located within one-quarter mile of the existing or future Purple Line Light Rail tracks.
• Small businesses with 50 or fewer employees or gross sales of $2,000,000 or less in the most recent three fiscal years are eligible.

Target Sector

All Industries

Target Location

Maryland, US