Are you a business owner in Baltimore, MD in need of financial assistance? Look no further! Our office provides help with SBA services, including funding programs, counseling, federal contracting certifications, and disaster recovery. We can also connect you with our partner organizations, lenders, and other community groups that help small businesses succeed. The Maryland Finance Tracker tool can show you how commercial agency grants, equity investments, tax credits, and loan improvements were distributed in Maryland in previous years. The Maryland CASH (Creating Assets, Savings and Hope) campaign is a non-profit organization that encourages organizations interested in starting or developing a free Voluntary Income Tax Assistance (VITA) program to apply for funding.
If you haven't been selected to participate in the program, you have the opportunity to take advantage of the free services and programs listed on the Baltimore City list of additional resources. Attend this program and learn about the many programs and services offered by the SBA to help small businesses start and grow their businesses.
Maryland businesses
can take advantage of a variety of funding and incentive programs offered by the state and other Maryland partner organizations. These programs are designed to provide financial assistance to businesses in need of capital or resources to help them succeed.Grants, loans, tax credits, and other forms of financial assistance are available to help businesses grow and expand. The SBA offers a variety of loan programs for small businesses in Maryland. These include 7(a) loans, 504 loans, microloans, and disaster loans. The 7(a) loan program is designed to provide long-term financing for businesses that need capital for expansion or acquisition.
The 504 loan program provides long-term financing for fixed assets such as land or buildings. Microloans are designed to provide short-term financing for small businesses that need capital for working capital or inventory. Disaster loans are designed to provide assistance to businesses affected by natural disasters. The state of Maryland also offers a variety of grants and tax credits for businesses.
The Maryland Technology Development Corporation (TEDCO) provides grants to small businesses that are developing innovative technologies. The Maryland Industrial Development Financing Authority (MIDFA) provides tax credits to businesses that are investing in new equipment or expanding their operations. The Maryland Department of Commerce also offers grants and tax credits for businesses that are creating jobs or investing in research and development. In addition to these programs, there are many other organizations that offer financial assistance to small businesses in Baltimore, MD.
These include local banks, credit unions, venture capitalists, angel investors, and other private investors. Each organization has its own criteria for providing financial assistance so it is important to research each one before applying. If you're a business owner in Baltimore looking for financial assistance, there are many options available. From grants and loans to tax credits and other forms of financial aid, there is something available for every business need.
Take advantage of these resources today and get your business on the path to success!.
