Find COVID-19 guidance for businesses on the County's Coronavirus website.
Businesses and non-profit organizations impacted by the COVID-19 pandemic in the State of Maryland can use the following Federal, State, and Local funding resources. Funding is not always guaranteed and businesses are encouraged to apply ASAP.
Maryland businesses can use the state's Business Relief Wizard tool to find the programs that are most relevant.
- U.S. Small Business Administration (SBA) – Offering Paycheck Protection Program loan forgiveness and Economic Injury Disaster Loan (EIDL) increases.
- Maryland Work Sharing Unemployment Insurance - Provides an alternative to layoffs for employers faced with a temporary decline in business. Qualified employers are able to retain employees by reducing their hours of work by a percentage equal to the total reduction of hours that would have been achieved by a layoff. The employees whose hours are reduced receive partial UI benefits to supplement lost wages.
- Maryland Small Business Development Financing Authority COVID-19 Emergency Relief Loan Fund - provides emergency financial relief to Maryland businesses through low interest rates and low documentation loans.
- Childcare Stabilization Program: Grant program through the State of Maryland for childcare providers impacted by the COVID-19 pandemic.
- Employ Prince George’s COVID-19 Rapid Re-Employment Grant program: Businesses that hire Prince George’s County residents before December 15 will qualify for grants up to $15,000 per new employee hired. Grants will supplement 50% to 90% of an employee’s salary during an agreed upon period. Businesses are eligible for up to $50,000 in grants for this program.
- What Non-Profits Need to Know: Guidance from Prince George's County.
The Prince George’s County Economic Development Corporation is also keeping the business Community up-to-date with local and state resources and news to assist its operations during this health crisis.