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