Blog
It has been a little over a week since the Francis Scott Key Bridge, which carries Interstate 695 over the Patapsco River, collapsed after being struck by a cargo ship. As a major transportation & shipping route, the disaster’s impact is far-reaching — including to our Frederick community.
Frederick’s Economic Development partners have begun reaching out to local businesses affected by the disruption at the port. We will continue to provide information and resources as it becomes available.
The Department of Economic Development’s GROW Grant Program is designed to encourage and financially-support small businesses making strategic improvements to commercial buildings within The City of Frederick.
This fiscal year, ten small businesses were supported by the program. Together, these GROW Grant awards supported a total private investment of just under 5 million dollars!
Recognizing the unique impact of our giving community, The City of Frederick created the Community Promotion Grant in 2017 to uplift and support our local nonprofits. The Community Promotion Grant cycle begins every year in the fall, offering nonprofits an opportunity to fund existing initiatives or pilot something new.
The Department of Economic Development’s GROW Program is intended to encourage and financially-support small businesses making strategic improvements to commercial buildings within The City of Frederick. This fiscal year, three growing small businesses have been able to take advantage of the program.
Governor Larry Hogan has announced the launch of the Maryland Manufacturing 4.0 grant program, a new Maryland Department of Commerce initiative that provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0 technologies to modernize their operations. This pilot program is funded by $1 million in the fiscal year 2023 budget, which focuses on continuing the state’s strong economic recovery.
Downtown Frederick Partnership is pleased to announce the awardees for the Mission: Interior matching grant program: Café Nola, Colonial Jewelers, Gravel & Grind, Rockwell Brewery and Union Mills Public House. Mission: Interior’s purpose is to assist in making critical interior capital repairs that will make the downtown retail business community more successful overall.
Last July, the City’s GROW Grant program guidelines were updated to provide opportunities to a wider range of businesses for the coming fiscal year. Since the program’s refresh, two businesses — ODIN Crossfit and Gravel & Grind — have been able to take advantage of the program, and a third project in process. Read more about these recent grant awards here.
The City of Frederick is accepting applications for the City Historic Preservation Property Tax Credit until April 1, 2022. Tax paying property owners may apply for a credit equal to 25 percent of the properly documented expenditures incurred during 2021 for exterior work that contributes to the restoration or preservation of a structure designated by the City of Frederick as a Historic Preservation Overlay zone.
