About The Grant

The Energizing Small Business Grants, offered by the BGE (Baltimore Gas and Electric Company), aim to support small businesses in Maryland. This initiative is part of BGE’s commitment to fostering economic development and sustainability through financial assistance to small business owners. The grants are designed to empower local entrepreneurs by providing them with the necessary resources to innovate and grow their businesses, ultimately contributing to the prosperity of the community.

This grant program not only offers essential funding but also emphasizes energy savings and environmental sustainability among awarded businesses. BGE encourages applicants to integrate energy-efficient practices into their business operations, further supporting a greener future. With this grant, small businesses can ensure their survival and growth in an increasingly competitive market while contributing positively to their local environment.

Important Details

• 1. Application Deadline: Applications must be submitted by December 15, 2023.
• 2. Link to Application: Apply here
• 3. Donor Name: Baltimore Gas and Electric Company (BGE)
• 4. State(s): Maryland
• 5. Grant Duration: Funding is available for one year.
• 6. Grant Amount: Grants of up to $20,000 are available for qualifying businesses.
  • Be a for-profit business that has been operating for at least one (1) year at the start of the application
  • Existing BGE electric and/or gas customer in good standing with BGE
  • In good standing (or on the way to) with the State of Maryland
  • A maximum of twenty-five (25) full-time employees
  • Annual gross revenues in 2024 of less than $7 million USD
  • Demonstrated need for funding to support business and serve customers.7. Qualification Criteria: Applicants must be a for-profit business and an existing BGE electric and/or gas customer in good standing with BGE.

Taking Action

It is essential for all Latino business owners to take action and seize this opportunity to secure necessary funding for their ventures. Sharing this grant information within your network can create a ripple effect, empowering more Latino entrepreneurs to thrive and contribute to their communities. Don’t miss out on the chance to apply and help others in your network to do the same.