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Council approves small business support services NDA with shifted contractor allocation and competitive grants
Summary
The council approved the Small Business Support Services NDA budget for FY26 with a restructured distribution: approximately $1.2M allocated to existing providers (in varied amounts based on FY25 activity) and about $500K set aside for a new competitive grant process for additional providers.
The Montgomery County Council voted to adopt the Economic Development Committee’s recommendation for the Small Business Support Services non‑departmental account (NDA) for FY26, approving a revised allocation strategy for contractor funding and a new competitive grant set‑aside.
Staff explained that the initial FY26 submission carried a 3% inflationary adjustment over…
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