Maryland Code, Economic Development § 5-1604

Current as of January 01, 2025 | Updated by Findlaw Staff

(a)(1) An applicant shall submit an application for a Program grant on the form that the Secretary requires.

(2) The applicant may submit an application to the Program at the same time the applicant applies for support from a county comparable program.

(b) The Program shall review the application and all supporting materials in order to evaluate whether the applicant qualifies for a grant from the Program.

(c)(1) Subject to the availability of money in the Fund, the Program may provide to an eligible business a grant that equals the amount of the grant that the county comparable program provides to the business.

(2) The Program shall provide the grants described under paragraph (1) of this subsection on a first-come, first-served basis.

(d) The Program shall coordinate with county comparable programs to evaluate applications and to provide assistance to eligible businesses under this subtitle.

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Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-1604 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-1604/

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