Councilor, Buchanan & Mitchell (CBM) would like to share some news that may be of interest to Maryland-based not-for-profit organizations.
Some Maryland not-for-profit organizations are eligible to apply for funds from the newly created COVID-19 Emergency Relief $50M Grant Fund, which provides working capital intended to mitigate the disruptions of the coronavirus (COVID-19) on small not-for-profits and businesses.
Grants up to $10,000 and not to exceed 3 months of cash operating expenses may be awarded to Maryland not-for-profits and businesses that have been impacted by COVID-19 and have 50 or fewer employees.
For additional eligibility details and a link to the grant application on the Maryland Department of Commerce website, click here.
Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting and business advisory expertise throughout the Mid-Atlantic region from offices in Bethesda, MD and Washington, DC.
