ELIGIBILITY REQUIREMENTS AND APPLICATION GUIDELINES

 DEADLINE: JUNE 11, 2021

 

MAXIMUM GRANT PER BUSINESS

  • Amount to be determined by the number of qualified applicants who apply.

 ELIGIBILITY FOR RESTAURANT BUSINESSES

  • Must be located in Talbot County.
  • Must be licensed by the Talbot County Health Department.
  • Food and beverage must make up 51% of total business revenue.
  • Food must be prepared and served on site.
  • Must be open for business at least 180 days per year during a normal business year.
  • Must be in good standing in the State of Maryland.
  • Must not be delinquent on any taxes for the years 2016, 2017, 2018, or 2019.
  • Limited to organizations with 50 employees or less.
  • Must be used for expenses incurred not later than June 30, 2021.

ADDITIONAL REQUIREMENTS FOR ROUND THREE

  • Applicant must self-certify the following:
    • The owner has a net worth of less than $750,000.
    • The owner has an adjusted gross income of less than $350,000.
    • The owner does not have more than $6 million in assets.

INELIGIBLE BUSINESSES

Excludes businesses that serve and prepare food on site, but are not open a minimum of 180 days per year or where food and beverage make up less than 51% of the business revenue.

QUALIFYING EXPENDITURES

  • Working capital, such as rent, payroll, and job training.
  • Purchase of equipment and services to expand outdoor dining, such as tents, heaters, warmers, and carts.
  • Infrastructure improvements, such as HVAC system upgrades.
  • Technology to support carry out and delivery.
  • Purchase of PPE and disposable food containers and utensils.
  • Sanitization services.

 APPLICATION PROCESS

  • Applications will be accepted by the Talbot County Department of Economic Development and Tourism, 11 S. Harrison Street, Easton, MD 21601.
  • Completed forms may be submitted online, by mail, and in person.
  • Applications will be reviewed and ranked by the Talbot CARES Small Business Grant Task Force.

 APPLICATION DOCUMENTS

  • Completed application form including Unemployment Insurance Account Number.
  • Brief explanation of how funds will be used.
  • Financial information
  • Mandatory
  • W-9 IRS Form
  • Certification under penalty that all information is correct.

FINAL REPORT

  • Final report due 60 days after receipt of funds.
  • Must include letter that explains how money was spent, including a list of expenditures, as well as the business progress achieved.
  • Must include supporting documentation of expenditures such as copies of invoices and cancelled checks.
  • Additional documentation may be required for verification of expenditures.
  • Final report subject to audit.

FOR MORE INFORMATION

Contact Cassandra M. Vanhooser, Director, Talbot County Department of Economic Development and Tourism at (410) 770-8000; email cvanhooser@talbotcountymd.gov.