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BGE Energizing Small Business Grants

Exelon Foundation

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • A for-profit business and an existing BGE electric and/or gas customer in good standing with BGE
  • Be a for-profit business that has been operating for at least one (1) year at the start of the application

Other requirements

  • _You can learn more about this opportunity by visiting the funder's [website](https://helloalice.com/grants/bge/)._
  • To be eligible
  • Existing BGE electric and/or gas customer in good standing with BGE
  • In good standing (or on the way to) with the State of Maryland

Overview

_NOTE: Applicants must be an existing BGE electric and/or gas customer in good standing with BGE._

About BGE

BGE is Maryland’s largest natural gas and electric utility, providing safe and reliable energy delivery to more than 1.3 million electric customers and more than 680,000 natural gas customers in central Maryland. BGE is a subsidiary of Exelon Corporation (Nasdaq: EXC), the nation’s leading energy utility company.

_Supporting Maryland-Based Small Businesses_

The BGE Energizing Small Business grant program, presented in partnership with Hello Alice and the Global Entrepreneurship Network (GEN), is offering $20K grants to help central Maryland businesses succeed and thrive.

Eligibility

_You can learn more about this opportunity by visiting the funder's website._

  • To be eligible
    • Applicants must be a for-profit business and an existing BGE electric and/or gas customer in good standing with BGE.
    • Be a for-profit business that has been operating for at least one (1) year at the start of the application
    • Existing BGE electric and/or gas customer in good standing with BGE
    • In good standing (or on the way to) with the State of Maryland
    • A maximum of twenty-five (25) full-time employees
    • Annual gross revenues in 2024 of less than $7 million USD
    • Demonstrated need for funding to support business and serve customers

What Exelon Foundation actually gave

Source: IRS Form 990-PF, 2024

Grants in 2024
34
Total given
$11.47M
Median grant
$5,000
Range
$5,000–$4.59M
  • By dollars: New Jersey 41%, Virginia 31%, Illinois 10%. Top recipient cities: Chicago, IL; Baltimore, MD; Manassas, VA.
  • 68% of grants with a stated purpose were for general or operating support.
  • 85% of recipients were new grantees, not repeat recipients.

Example grants

  • Cybergrantsjk Group Matching Donations to PCS-List Available Upon Request · East Windsor, NJ

    General

    $4.59M

  • National Energy Education Development Project (Need) · Manassas, VA

    Stem leadership academy

    $2.61M

  • Cal Ripken Sr Foundation · Baltimore, MD

    General

    $1M

  • Museum of Science & Industry · Chicago, IL

    Climate change exhibition

    $1M

  • Scholarship America Inc · Minneapolis, MN

    Bright futures scholarship

    $400K

IRS Form 990-PF, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Small businesses

Categories

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