Economic Services Grants in Maryland

Last updated September 28, 2026

There are 7 active economic services grants tagged to Maryland, part of 528 active economic services grants listed nationwide. Updated daily.

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Community Development Block Grant - Economic Development (CDBG-ED)

Maryland Department of Commerce · State

Rolling · Varies

CDBG assists local governments implement economic development projects.

Strategic Closing Fund

Maryland Department of Commerce · State

Rolling · Varies

The Sunny Day Strategic Closing Fund supports extraordinary economic development opportunities that create and retain employment as well as create significant capital investments.

Rural Maryland Prosperity Investment Fund (RMPIF)

Maryland Department of Agriculture · State

Rolling · Varies

The Rural Maryland Prosperity Investment Fund will receive $2 million in funding for targeted investment to promote economic prosperity in Maryland’s traditionally disadvantaged and underserved rural communities.

Main Street Maryland

Maryland Department of Housing and Community Development · State

Rolling · Varies

The Main Street Maryland strives to strengthen the economic potential of Maryland’s traditional main streets and neighborhoods.

Incubators

Maryland Economic Development Corporation · State

Rolling · Varies

The State’s economy continues to experience technological changes and advancements. In furtherance of its statutory intent, MEDCO collaborates with various county or city entities to finance, own, operate, and manage incubator projects.

National Capital Strategic Economic Development Fund

Maryland Department of Housing and Community Development · State

Rolling · Varies

​​​The National Capital Strategic Economic Development Fund (NED) provides competitive funds in support of commercial and residential activities in areas targeted for revitalization.

Advantage Maryland (also known as MEDAAF)

Maryland Department of Commerce · State

Rolling · Varies

Advantage Maryland funds grants, loans and investments to support ED initiatives for business attraction, retention and infrastructure. Projects must be in a Priority Funding Area and eligible industry sectors.

Showing 1–7 of 7

About economic services grants in Maryland

Economic services grants support programs that build financial stability for low-income individuals and families, including workforce development, financial coaching, asset-building, and emergency assistance. The Community Services Block Grant, administered by HHS's Office of Community Services, funds income and asset-building services through local Community Action Agencies. HUD's Community Development Block Grant also funds micro-enterprise and economic-opportunity activities, and foundations back economic-mobility initiatives.

Economic Services Grants in other states

Frequently Asked Questions

What economic services grants are available?

Funding supports employment and job-training programs, financial education and coaching, asset- and income-building services, micro-enterprise development, and emergency financial assistance. The Community Services Block Grant funds income and asset-building work, while the Community Development Block Grant supports business and micro-enterprise assistance. Foundations and corporate funders also invest in economic-mobility programs.

Who funds economic services and economic mobility programs?

Federal funding comes largely through HHS's Community Services Block Grant and HUD's Community Development Block Grant, both of which reach nonprofits through states and local governments. The U.S. Treasury's CDFI Fund supports lending and asset-building in underserved areas, and private funders such as the Annie E. Casey Foundation invest in increasing economic opportunity. State workforce and human-services agencies fund job-training programs.

Are there grants for workforce and job-training programs?

Yes. Workforce development is funded through several channels, including state workforce agencies, Community Services Block Grant employment services, and dedicated federal labor programs. Many nonprofits partner with local workforce boards or Community Action Agencies to access these funds. Strong applications typically show measurable employment outcomes and partnerships with employers.

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