Incentives
Oakland Grants and 0% Loans for Businesses
The Greater Oakland Business Association (GOBA) in conjunction with the Mayor and Town Council may issue 0% interest loans, grants, and combination loan/grant packages. Max request of $5,000. GOBA reviews all applications and submits a recommendation to the Mayor and Town Council who vote to approve or deny the application. Any business member of GOBA may apply.
Greater Oakland Business Association
Website
oaklandmd.com/greater-oakland-business-association
Phone
301-334-2691
Garrett County Government Business Development
Garrett County and the State of Maryland offer attractive incentive packages, which may include tax credits, grants, and low-cost loans for real estate acquisition, construction, equipment, training, and working capital. Garrett County will work with your business to provide the most attractive incentive package, commensurate with project needs, and determine resource availability.
Garrett County Government
Business Development
Email
business@garrettcountymd.gov
Website
business.garrettcountymd.gov/incentives
Phone
301-334-1921
Address
203 South Fourth Street, Room 208
Oakland, Maryland 21550
State of Maryland Financial Incentives
the Maryland Department of Commerce financial incentive programs include venture capital investments and tax credits, direct loans, grants and loan guarantees.
Maryland Department of Commerce
Website
commerce.maryland.gov/fund
Phone
888-246-6736