Rockville Business Expansion Fund
Apr 30, 2022 - Apr 30, 2022
The Business Expansion Fund is open to existing Rockville businesses expanding their operations within the corporate limits of the City of Rockville. Ideal applicants are businesses that strengthen the City’s economy by creating jobs in high-growth industries and investing in the quality of their facility.
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The Business Expansion Fund is designed to support existing Rockville businesses that seek to lease or purchase additional Class A or B office, industrial, or flex space to accommodate their growing needs. Businesses expanding within the corporate limits of the City of Rockville are eligible to receive a grant in the amount of up to $5.00 per square foot for the additional space occupied, with a maximum grant amount of $20,000 per application. Grants are subject to the amount of available funding at the time of application. There are two application deadlines each year–September 30 and April 30. Applications received after each deadline will be considered in the next review cycle.
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