Grants & Loans
Here are some grants and loans available for Federal Hill Main Street businesses.
Provided by Federal Hill Main Street
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Digital Harbor High School Teaching Grant
- Amount: $600
- Description: Support for local Federal Hill Main Street businesses to teach at Digital Harbor High School for a day, fostering community engagement and educational outreach.
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Safety Grant Support for Local Businesses
- Amount: Up to $5,000 per business
- Description: Federal Hill Main Street is pleased to announce the opportunity for local businesses to apply for a grant of up to $5,000 to support safety initiatives in our community. This funding aims to enhance the overall safety and security of the Federal Hill area, making it a safer environment for both residents and visitors.We encourage businesses to consider a variety of safety initiatives, which may include but are not limited to surveillance cameras, crash safety barriers, improved lighting, or spacial modifications that encourage a safer shopping and dining experience. Businesses are allowed and encouraged to collaborate and submit joint proposals to maximize the impact of the funding.
- Apply Now
Grants/Loans Provided by Third Parties
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Wish Local Empowerment Grant
- Description: Wish dedicates $2 million to empower Black-owned businesses, offering grants ranging from $500 to $2,000 to support business growth and development.
- For more information, click here: Wish Local Empowerment
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Sign up Today for the Verizon Small Business Digital Ready Online Community and be Eligible to Win up to 10K in Grant Funding
- Business owners that sign up for the free Verizon Small Business Digital Ready online community will be eligible to apply for grants throughout the year. Here's how it works: Business owners can sign up for the free online resource, which aims to provide technical assistance, mentoring and other resources to underserved small businesses, and complete either courses, coaching or participation in community events to be eligible.The company provides up to $1M in grant funding a year.
- Rolling deadline
- To apply, click here
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National Science Foundation’s America’s Seed Fund
- The National Science Foundation’s America’s Seed Fund provides millions in grant funding to small businesses and startups with big ideas. Applicants submit project pitches any time during the year, and if invited to submit a proposal, could end up getting funded. The grant program gives out roughly $200 million per year to eligible businesses.
- Rolling deadline
- To apply, click here
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National Association for the Self-Employed Growth Grant
- The National Association for the Self-Employed has its own $4,000 growth grant that it offers on a rolling basis. The catch? You have to be a member. The group has awarded nearly $1M in grants to members since 2006.
- Rolling deadline
- To apply, click here
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Catalyst Baltimore Program
- Description: This program will help minority and women owned businesses scale or pivot to new business models by providing up to 90% of the cost of technical assistance/coaching in accounting, management, cash flow, HR, and more.
- Find more information here.
Doing Business in Federal Hill
Federal Hill Main Street was created to build and support a vibrant, active business district. We support our local businesses through the following initiatives:
- Vacancy Assistance – We provide information on available commercial spaces and vacancies in Federal Hill to help new businesses find suitable locations.
- Connecting with Resources – We introduce new businesses to relevant resources and organizations that can aid in their growth and development.
- Access to Funding Opportunities – We help you identify and apply for grants, loans, and other financial assistance programs available to small businesses.
- Networking & Collaboration – We create connections with other businesses, organizations, and stakeholders in the Federal Hill community to foster collaboration and partnerships.
- Promotional Support – We showcase businesses through our marketing channels and events to increase visibility and attract customers.
- Events – We create and support local events that bring the community to the heart of the business district and encourage residents to shop and support our local businesses.
- Community Engagement – We encourage participation in community events and initiatives to integrate new businesses into the fabric of Federal Hill and build relationships with local residents and stakeholders.
- Ongoing Support & Advocacy – We serve as a resource and advocate for small businesses, offering ongoing support and assistance as they establish and grow their presence in Federal Hill.
- Sourcing Solutions – If you have a problem that needs fixing, or an idea that you believe serves the whole community, we want to hear from you! Even if we aren’t the organization with direct power to fix the problem, we are happy to help interface with the agency that can, and/or find resources to address problems that affect our business district.
Doing Business in Baltimore
This includes helpful resources and links to support your current business or a new business that you are interested in locating in Federal Hill.
- Starting a Business (Registration, Business Plan, Tax ID/EIN, Personal Property Tax)
- Funding Programs (Loans, Grants, Tax Credits, Track Finance Incentives)
- Workforce (Find Talent, Training Programs, Labor Workforce Data, Education & Workforce)
- Building & Sites (Available Buildings & Sites, Development Opportunities, Incubators, Research Parks)
- Maryland Stats & Data (Rankings, Stats/Data, Country Comparisons, State Comparisons)
- Maryland Retailers Alliance
- Restaurant Association of Maryland
- Maryland Alcohol Licensing Association
