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Conditional Grants
Grant applications must be submitted for approval prior to commencement of work.
Overview
This program provides matching financial assistance for small businesses, incubator clients, and businesses in targeted industries on a rolling basis, subject to funding availability. The program funds (A) improvements to the property occupied by a small business or (B) workforce training for employees.
(A) Eligible expenses include business fit-out, demo, signage, paint, updates to electrical or plumbing systems, life/safety updates, ADA compliance, or other improvements that convey with or improve the property.
(B) Businesses must certify that at least 30% of the workforce is comprised of City residents in order to request funding for workforce training.
Eligible applicants include small business owners within The City of Frederick with fewer than 25 full-time employees:
- In the industries of advanced technology, manufacturing, life sciences, and information technology; or
- The business location would provide a catalytic effect on the area immediately surrounding the business
Applicants from FITCI must be current FITCI clients to be eligible for a matching investment in excess of $5,000.
Benefits
One-to-one matching grant up to maximum of $5,000 (and up to $10,000 match for graduates of Frederick Innovative Technology Center, Inc. [FITCI]).
Application
A meeting with the Department of Economic Development is required prior to application; application must then be submitted prior to the commencement of the work. Expenses incurred prior to application approval will not be eligible for reimbursement.
Download Application Form (PDF)
Download Annual Reporting Form (PDF)
Full Program Details (PDF)
Overview
For facade improvement projects to businesses located in one of three program areas: Downtown Frederick, Golden Mile, East Frederick.
Benefits
One-to-one match on qualified exterior facade improvements up to $10,000 (up to $23,500 in Golden Mile area).
Application
Contact the administering organization directly for specific application procedure
Full program details:
Overview
The program, administered through the Downtown Frederick Partnership, addresses high costs of installing sprinklers in Downtown buildings that are over 50 years old. The owner of a commercial, multi-family residential or mixed-use building must be seeking a new water connection of up to 4 inches to the City water main in an existing building greater than 50 years old
Benefits
Provides a grant of up to $15,000 for connection to City’s water main
Application
Contact Downtown Frederick Partnership at 301-698-8118 for application procedure details
Full Program Details
Overview
The competitive program, administered through the Downtown Frederick Partnership, offers a matching grant to selected interior capital improvement projects to businesses located in Downtown Frederick.
Benefits
One-to-one match on qualified interior improvements up to $5,000
Application
The application deadline normally falls in late Winter/early Spring, contact Downtown Frederick Partnership at 301-698-8118 for application procedure details.