Somerset County Economic Development Commission
Somerset County
Somerset County, Maryland

Business Resources/Financial Assistance

PUBLIC NOTICE- American Rescue Plan- Business Assistance
September 1, 2021

PUBLIC NOTICE AMERICAN RESCUE PLAN BUSINESS ASSISTANCE PAYMENTS The Somerset County Board of County Commissioners has allocated $400,000.00 of the County’s allocation of funds from the American Rescue Plan for business assistance payments for businesses in Somerset County adversely affected by the COIVD-19 pandemic crisis. Awards of $1,000.00 will be given on a first come first serve basis to

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RELIEF ACT OF 2021 RELIEF FUND DISTRIBUTION- Online Sales
April 9, 2021

  PUBLIC NOTICE SOMERSET COUNTY ECONOMIC DEVELOPMENT   RELIEF ACT OF 2021 RELIEF FUND DISTRIBUTION   The Maryland Department of Commerce has allocated a portion of the Relief Act of 2021 for distribution to hotels, restaurants and online businesses of Somerset County that have been adversely affect by the COVID-19 pandemic.   The Somerset County EDC will use these grant funds to support the

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MARYLAND RECOVERY NOW- Non-Profit Relief Fund Grant
April 9, 2021

  PUBLIC NOTICE  MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT OFFICE OF THE COUNTY ENGINEER   MARYLAND RECOVERY NOW NON-PROFIT RELIEF FUND    Somerset County is receiving $84,742.00 in Maryland Recovery NOW Funds via SB496. Grant awards will be made to each jurisdiction that will then make awards to local nonprofits.   The County will use these grant funds to support the

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Maryland COVID-19 RELIEF Programs for Businesses
February 15, 2021

Maryland COVID-19 RELIEF Programs for Businesses Relief Act Programs The bipartisan Relief Act of 2021 was signed into law on February 15, 2021, and includes more than $1 billion in tax relief and economic stimulus for struggling families and small businesses who are suffering as a result of the COVID-19 pandemic. 

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SOMERSET COUNTY ECONOMIC RELIEF FUNDING - Hotel and Restaurant
January 6, 2021

  PUBLIC NOTICE SOMERSET COUNTY ECONOMIC RELIEF FUNDING Hotel & Restaurant The State of Maryland through Governor Hogan’s Economic Recovery Package has allocated $33,986.00 in new grant funds for an Economic Relief Fund Program that will be used to directly assist Hotels in Somerset County that have been impacted by COVID-19.   Governor Hogan has

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RESTAURANT RELIEF FUNDING- COVID-19
November 18, 2020

  PUBLIC NOTICE SOMERSET COUNTY ECONOMIC DEVELOPMENT RESTAURANT RELIEF FUNDING The State of Maryland through Governor Hogan’s Economic Recovery Package has allocated $113,861.00 of Restaurant Relief Funding to Somerset County. Somerset County will use these grant funds to support, promote and encourage stabilization for those full service restaurants impacted

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CARES Funding Application- Business Assistance
June 10, 2020

The Somerset County Commissioners have allocated $750,000 of CARES funding to the Somerset County Economic Development Commission.  The Somerset County EDC will use these grant funds to support the economic recovery efforts in Somerset County and assist qualifying small businesses, watermen, agriculture, etc. that have been impacted by this crisis. Please click link below to

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Maryland COVID-19 Emergency Relief Fund Programs for Businesses / COVID-19 Layoff Aversion Fund
March 23, 2020

Maryland COVID-19 Emergency Relief Fund Programs for Businesses (Commerce) Maryland has authorized $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,

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Somerset County