Business Development Grant Program 2025

The Business Development Grant Program is to promote economic development aimed at creating new job opportunities, filling vacant store fronts, and encouraging diversification, additional private sector investment and in-fill business development. Donor Name: Town of Perryville State: Maryland County: Cecil County (MD) Type of Grant: Grant Deadline: 08/30/2024 Size of the Grant: Not Available Grant Duration: Grant Duration Not Mentioned Details: This program will provide existing and new small businesses with funds necessary to meet operational needs and remain financially viable. Eligible Use of funds Building improvements, purchase of machinery, equipment, furniture, fixtures, inventory, the purchase or leasing of property, advertising campaigns, and other costs associated with opening or expanding a business. Eligibility Criteria  Applicant must be a new/existing business owner within the corporate limits of the Town of Perryville. If applicant is not the property owner (i.e. tenant), written permission must be given by property owner for building improvement application requests. Applicant and property must not have any current zoning or other Code violations and be in good standing (current on all monies owed, such as, but not limited to, taxes, water & sewer bills, trader’s license) with the Town of Perryville, Cecil County and the State of Maryland. Business must be located in the following zoning districts: Neighborhood Business (NB), Town Center (TC), Highway Commercial (C2), Residential Marine (RM), Commercial Maritime (CM-1 & 2). Eligibility within the R-1, R-2 and R-3 Residential districts shall be limited to existing businesses only. Applicants must be one of the following for profit entities: sole proprietor, partnership, corporation, cooperative or LLC. For more information, visit Town of Perryville.