Grant Applications Close Friday for Nonprofits Focused on Minority Entrepreneurship, STEM Education

Friday is the deadline for Montgomery County nonprofits to apply for a grant from the County Economic Development Corporation (MCEDC).

The grant program is open to nonprofits with a mission or program related to:

• Minority and women entrepreneurship
• Science, technology, engineering and mathematics (STEM) education
• Research and innovation development
• Small-scale manufacturing

Organizations must apply by 5 p.m. Friday.

Grants will range from $10,000-$20,000, plus one $100,000 and $50,000 grant to two organizations that “best demonstrate a substantive impact on the Montgomery County economy in one or more of the four identified priorities,” per the MCEDC website. Funds will be distributed by Sept. 1 and must be spent by the end of the year.

Eligible nonprofits must:

• Have earned annual revenue between $50,000-$2 million in the last fiscal year
• Be registered and in good standing with the State Department of Assessments and Taxation
• Have been continuously operating since 2019
• Be located only in the county or have more than half of program expenses/employees at a county site

Click here for required documentation and other frequently asked questions. Eligible programs cannot have started before March 2020.

County Council President Tom Hucker elaborated on the grant program during a virtual briefing last month.

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Grant Funds Available for Nonprofits That Focus on Minority and Women Entrepreneurship

About Maryam Shahzad

Maryam is a reporter with Montgomery Community Media. She graduated from the University of Maryland in 2019 with a bachelor's degree in broadcast journalism. Previously, she was an intern with MCM. She can be reached at mshahzad@mymcmedia.org or on Twitter @maryam_mcm.

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