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Good afternoon Howard County businesses and stakeholders, 

Today, Governor Larry Hogan announced additional actions being taken to slow the spread of COVID-19. Governor Hogan has ordered all nonessential businesses in the state to close, beginning Monday, March 23, 2020 at 5 p.m. If you are unsure if your business should remain open, please refer to the Governor’s Executive Order and this legal guidance.  

Governor Hogan and the State of Maryland announced the authorization of $130 million in loan and grant funding for small businesses and manufacturers that have been negatively impacted by the Coronavirus (COVID-19). This emergency assistance provides interim relief and proceeds that can be used to pay cash operating expenses including payroll, suppliers, rent, fixed debt payments and other mission critical cash operating costs. 

If you are a Maryland-based business impacted by the Coronavirus with under 50 full- and part-time employees, or a Maryland manufacturer, please review the new business assistance programs below to see if you qualify for assistance.
 
Maryland Department of Commerce is now offering:  
Maryland Department of Labor has also launched: 
  • COVID-19 Layoff Aversion Fund - The award (up to $50,000 per applicant), will be a quick deployable benefit and customizable to the specific needs of your business to minimize the need for layoffs. Learn more. 
Additional business and unemployment assistance programs can be found here.

HCEDA is committed to helping to keep the business community informed on resources and support available to businesses affected by COVID-19. For regular updates and more information on local, state, and national resources, please visit HCEDA’s Coronavirus Information Portal at hceda.org/coronavirus.   

Sincerely,

Howard County Economic Development Authority






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