Grant opportunity · Maryland Department of Commerce
Maryland Small Business Development Financing Authority (MSBDFA)
$25,000 – $2,000,000 per award
About this opportunity
The Maryland Small Business Development Financing Authority (MSBDFA), administered by the Maryland Department of Commerce and managed by MMG Capital Group (also known as Meridian Management Group), promotes the viability and expansion of small businesses in Maryland, with a focus on businesses owned by economically and socially disadvantaged entrepreneurs. MSBDFA operates several programs: the Contract Financing Program (CFP), the Surety Bond Program (SBP), the Equity Participation Investment Program (EPIP), and the Long Term Guaranty Program (Guaranty Fund Program/GFP). The Contract Financing Program (CFP) provides direct loans, revolving lines of credit, and equity investments to eligible small and minority-owned businesses. Loans are used for working capital, equipment, supplies, and…
Who may apply
for-profit
Deadline
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