COVID-19’s impact on JHTV stakeholders – staff, inventors, industry partners, students, startups – is immense. Meanwhile, the contributions of the Johns Hopkins community to this crisis – including tracking, treating, testing, and thought leadership – is also a source of great pride. This page provides some frequently sought information about the pandemic and useful resources, including COVID-19-specific funding. Our staff is also here to help – albeit virtually!

Johns Hopkins University Information

Johns Hopkins maintains a live website containing key resources, internal messages, and frequent updates for the Johns Hopkins University community.

Maryland-based Business Information

Maryland is currently in a state of emergency. Governor Larry Hogan and all state agencies are working diligently to minimize the impact of COVID-19 across the state. Please explore these resources for information on how you can keep yourself, your family, and your workers safe. These sites are updated regularly.

Funding Opportunities

The Maryland Department of Commerce is now accepting applications for the Maryland Small Business COVID-19 RELIEF Grant Program. The grant offers working capital to assist certain Maryland small businesses with disrupted operations due to COVID-19.

To apply for this program, you must first create an account here. Once you have an account, you will receive an email with a link to the application and be asked to login.

With the passage of the RELIEF Act of 2021 by the Maryland General Assembly, new COVID-19 relief will soon be made available for certain Maryland businesses through the Maryland Department of Commerce.

They are accepting applications starting March 30 at 9 am EST through April 6 at 11:59 pm EST.  Funding is extremely limited and may ultimately result in approval on a first-come, first-served basis. The application process will be open for a limited period, and Commerce anticipates substantial interest in this program. We encourage you to apply as soon as applications become available.
Please note: businesses that primarily sell goods or offer services that require collection of sales and use tax are not eligible for this program.

The Rural and Underserved Business Recovery from Impact of COVID-19 (RUBRIC) program is an economic relief initiative to benefit socially and economically disadvantaged and rural early-stage technology-based businesses hit hardest by the COVID-19 pandemic. This program is supported by $5M recently allocated from the Governor. The funds administered by TEDCO will be provided to early-stage companies that are impacted by the current crisis and are in need of bridge funding to survive and prosper as the downturn and COVID-19 crisis subsides. The funds will focus on companies that have the highest barriers to traditional financing but are still expected to scale to the next phase of fundraising.

SBA is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

The City of Baltimore and Goldman Sachs and Lendistry are providing $10 million in potentially forgivable SBA Paycheck Protection Program loans to help vulnerable Baltimore City small businesses, including non-profit organizations, weather the economic impact of COVID-19. Please note, this program is only for Baltimore City small businesses.

BGE is pledging $15 million to assist Maryland’s small businesses with COVID-19 relief and recovery. Eligible businesses located in BGE’s service area can apply for a $20,000 BGE Energizing Small Business Grant. This grant program is part of BGE’s comprehensive Customer Relief and Energy Infrastructure Investment Plan, designed to help the state’s economic recovery from the pandemic.

Webinars

Navigating the CARES Act for Life Sciences Companies in the BioHealth Capital Region Webinar

DLA Piper and BioHealth Innovation, Inc. (BHI) present an overview of the key provisions for BioHealth Capital Region Life Sciences companies in the $2 trillion Coronavirus Aid, Relief, and Economic Security Act stimulus package via webinar.

Additional Resources