Grants Available through the Maryland Supply Chain Resiliency Program
The Maryland Supply Chain Resiliency Program assists Maryland manufacturers that have been adversely affected by the COVID-19 pandemic, with impacts on operations, supply chain, and/or sales. The program includes a business assessment and review of the company’s business practices to better understand the impacts on the business and the opportunities to help the company overcome them.
ELIGIBLE APPLICANTS
All Maryland manufacturers must meet the following criteria in order to apply. However, Maryland MEP and Maryland Department of Commerce prioritizes serving manufacturers who have been impacted by the COVID-19 pandemic and have opportunities for recovery and/or growth.
- The company must be a qualifying “manufacturer” as defined by NAICS codes (31 – 33)
- The company must have a physical location in Maryland
- The company must be in good standing with the State of Maryland
- The company must have been located in and operating in Maryland for at least one year
- The company should have a minimum of 10 full-time employees
- The company should have a minimum of $1m in annual revenue (not grant-based income)
- The company must be able to demonstrate that one or more business segments have been adversely impacted by COVID-19, through the loss of contracts, revenue, suppliers or employees.
- A Business Segment is defined as an established part of the company, product line or market that has generated revenue.
- Demonstration of adverse impact should be measured over at least a twelve-month period.
- Applicants may be asked to show documentation of adverse business impact.
If you would like to learn more and identify opportunities that may qualify, please contact:
Program Manager, Eric Sweeney (esweeney@mdmep.org)