BGE is pledging $15 million to assist Maryland’s small businesses with COVID-19 relief and recovery. Eligible businesses located in BGE’s service area can apply for a $20,000 BGE Energizing Small Business Grant.
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Applicants must be a for-profit business and an existing BGE electric and/or gas customer in good standing with BGE. Additional eligibility criteria include:
Must have a minimum of two (2) employees and a maximum of twenty-five (25) employees. Have annual gross revenues in 2020 of less than $7 million USD. Demonstrated need of funding to support business and serve customers. Preference will be given to minority-owned and woman-owned businesses.
The first round opens February 14, 2022 at 9 a.m. ET and closes March 25, 2022, at 6 p.m. ET. Recipients will be announced in mid-May. The second round opens July 18, 2022 at 9 a.m. ET and closes August 26, 2022, at 6 p.m. ET. Recipients will be announced in mid-October.