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Economic Development

Posted on: September 7, 2022

New Funding Available for Maryland Small Businesses

Maryland Department of Commerce Logo

New funding to support Maryland small businesses is available through the State Small Business Credit Initiative (SSBCI) program. The new funds focus on businesses with limited opportunities for growth, including those in geographic areas with a high concentration of small, micro, and Socially and Economically Disadvantaged Individual (SEDI) businesses.

Funding is available through a variety of loan, equity, venture capital, social impact, and seed funding programs established by the Maryland Department of Housing and Community Development, the Maryland Department of Commerce, and the Maryland Technology Development Corporation.

For more information...
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