Business Assistance Program
The Business Assistance Program provides financial and technical support to property owners and commercial tenants looking to launch or expand their business in downtown Ocean City. If your business is located south of 17th Street, you may qualify for a grant of up to $5,000 (or up to $10,000 for substantial investments) to help with interior renovations and fit-out expenses for your new location.
With funding from the Maryland Department of Housing and Community Development, OCDC helps businesses create inviting, fully functional spaces that contribute to the economic growth of downtown Ocean City.
Financial Assistance
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Up to $5,000 in grant funding (must be matched by at least $10,000).
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In cases of substantial investment, applicants may qualify for up to $10,000.
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Grants can be combined with other OCDC programs, but total funding cannot exceed one-third of total eligible project costs.
Eligibility
To qualify, applicants must:
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Be the property owner or commercial tenant.
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Operate a retail business, office, or restaurant.
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Hold an Ocean City business license.
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Have at least a one-year lease at the new location.
Eligible renovations include:
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Fixed, non-portable improvements
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Floor treatments
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Electrical & plumbing work
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Lighting & permanent fixtures
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Walls, ceilings, & painting
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Interior doors
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ADA compliance renovations
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Ductwork & HVAC improvements
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Other OCDC-approved interior upgrades
Not sure if your project qualifies? Contact us today!
Tehnical Assistance
We’re here to help! The OCDC provides design guidance and connects applicants with recommended architects if needed. Before applying, our team will review your project to ensure it aligns with Downtown Design Standards and avoids any potential roadblocks.
Invest In Your Businesss Success!
Get the support you need to open or expand your business in downtown Ocean City.
Apply today!
How To Apply
Do not start any work until you receive OCDC approval.
Step 1
Talk To Us
Contact OCDC to discuss your project.
Step 2
Get a Contractor
Obtain a proposal from a licensed contractor.
Step 4
Submit Documents
Provide the contractor's proposal alone with your application
Step 5
Board Review
The OCDC Board will review your project and determine funding.
Step 6
Approval
If approved, you'll receive an award lettter and next steps.