COVID-19 Resources for Businesses

SMECO has compiled the following resources to assist local businesses and organizations who are looking for financial assistance. Programs open and close depending on the number of applications and the amount of money disbursed. SMECO cannot certify the availability of funding for any of these programs.

Maryland Restaurant Relief FundMaryland Restaurant Relief Fund:

Kickstarted by OLD BAY, McCormick for Chefs, and CORECares with a contribution of $100,000, the goal of the Maryland Restaurant Relief Fund is to provide up to $2,500 in grants to as many qualifying recipients as possible to help support the Maryland restaurant industry.

Charles County Government COVID-19 Business Relief Fund:

Eligible businesses can apply for loans up to $5,000 with deferred repayment. Grants of up to $10,000 are also available. For even more assistance, the Economic Development Department’s existing revolving loan programs have also been adapted to address the immediate needs of county businesses. Funds can be used for operating expenses including payroll, suppliers, rent, and other business operating costs.

St. Mary’s County Restaurant Relief Fund:

Restaurants can apply for grants of up to $10,000 from the St. Mary’s Restaurant Relief Fund. The deadline for applying is January 22, 2021, or until all funds are obligated.

Hotels and bed-and-breakfast establishments can apply for grants of up to $31,000 from the county’s Hotel Relief Fund. The deadline for applying is February 5, 2021.

U.S. Small Business Administration Coronavirus Relief Options:

SBA Economic Injury Disaster Loan (EIDL) applicants may receive emergency grants of $10,000. Even if your business is denied a loan, you can still access a grant, which can be used to provide employee sick leave, maintain payroll, or meet other needs like paying rent. Check the website for additional programs.

Maryland Small Business COVID-19 Emergency Relief Grant Fund:

This COVID-19 Emergency Grant provides up to $10,000, not to exceed 3 months of cash operating expenses, for Maryland businesses and nonprofits with up to 50 employees and up to $5 million in annual revenue. Grants can be used for working capital to assist with disrupted operations. Grant assistance is intended to provide interim relief complementing actions with your bank, business interruption insurance, and financial partners. Applicants must have employees on their payroll for whom they have had payroll taxes withheld (i.e., W-2 employees).

The status of programs changes daily. For up-to-date information, visit

EnrichHER COVID-19 Relief Funding:

This lending platform for woman-owned businesses provides up to $250,000 in business financing, as well as training on effective cash flow management strategies. Applicant must be a U.S based business that has been in operation at least 1 year and must have annual cash flow of at least $100,000; in some cases, the cash flow requirement may be reduced if the owner has a credit score of 680 or higher.

Hello Alice Small Business Grant:

Hello Alice is awarding emergency grants of $10,000 to a limited number of small businesses struggling because of COVID-19. The program is supported by Verizon, Silicon Valley Bank, The eBay Foundation, and others. Business owners must have less than 50 employees and be registered in the U.S.

SMECO Energy Rates

Helpful Tips

SMECO Spotlights