State of maryland NOA - FY24 congressional community project funding

This $740,000 Project Grant was awarded on August 1, 2024 by the U.S. Small Business Administration (SBA) through the Congressional Grants program (CFDA 59.059). The funding will support small business development and entrepreneurship initiatives in Baltimore, Maryland over a two-year performance period ending on July 31, 2026. The grantee, the Maryland Department of General Services, will use the award to provide business counseling, technical assistance, workforce training, education services, facility upgrades, and other community economic development projects to foster small business growth, particularly for underserved entrepreneurs such as minorities, women, veterans, and those in economically disadvantaged areas. The Congressional Grants program prioritizes supporting local initiatives that address systemic barriers to small business success and promote equitable economic development across the United States.