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State Resources

Maryland Open for Business  Maryland Department of Commerce   
http://commerce.maryland.gov/
(410) 767-6300

As the state's primary economic development agency, we stimulate private investment and create jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing workforce training and financial assistance to Maryland companies.


Maryland Small Business Development Center  The Maryland Small Business Development Center Network (MSBDCN)  
http://www.mdsbdc.umd.edu/
(301) 403-0501  

The MSBDCN provides counseling and consulting services, as well as, training programs to prospective and current business owners in Maryland. Maryland maintains a network of Small Business Development Center satellite offices across the state, with headquarters in College Park. 


Maryland.gov Homepage  Business Tax Credits and Incentives  
http://taxes.marylandtaxes.gov/Business_Taxes/General_Information/Business_Tax_Credit
(410) 260-7980

Businesses in Maryland may be able to take advantage of several tax credits. Click the lick above for more information.


Image result for umd dingman center images  Dingman Center for Entrepreneurship at the University of Maryland
https://www.rhsmith.umd.edu/centers-excellence/dingman-center-entrepreneurship
(301) 405-9545

The Dingman Center is one of the nation’s pre-eminent institutions where the research, education and practice of entrepreneurship are pursued vigorously.


 Image result for neighborhood business works  Neighborhood Business Works
http://dhcd.maryland.gov/Business/Pages/NBW.aspx
(301) 429-7400

Neighborhood Business Works loan program provides flexible financing to new or expanding small businesses and nonprofit organizations in Sustainable Communities and Priority Funding Areas throughout the state.


 Image result for msbdfa  Maryland Small Business Development Financing Authority
http://commerce.maryland.gov/fund/programs-for-businesses/msbdfa
(410) 659-7850

MSBDFA promotes the viability and expansion of businesses owned by economically and socially disadvantaged entrepreneurs. MSBDFA uses include working capital, supplies and materials, machinery and equipment acquisition, land acquisition or real estate improvements.


 Image result for maryland department of commerce Maryland Economic Development Assistance Authority and Fund
http://commerce.maryland.gov/fund/programs-for-businesses/medaaf
(410) 767-2369

MEDAAF funds grants, loans and investments to support economic development initiatives. Uses include business attraction and retention, infrastructure support, brownfield redevelopment, arts and entertainment districts, daycare, revolving loan funds and local strategic planning.


  Maryland Economic Adjustment Fund                                
http://commerce.maryland.gov/fund/programs-for-businesses/meaf
(410) 767-6356

MEAF assists small businesses with upgrading manufacturing operations, developing commercial applications for technology, or entering into and competing in new economic markets. Eligible businesses include manufacturers, wholesalers, service companies, and skilled trades.