It’s an exciting time to be a small business in Baltimore County.
Biotech and edtech startups are thriving locally, thanks in part to Baltimore County’s Boost Loan Fund program, which launched in October 2014.
The Boost Loan Fund is a loan program funded by revenue generated from Maryland’s video lottery terminals. The recipients — small, minority, woman and veteran-owned businesses throughout the state — receive loans of $50,000 to $250,000, which are then used for start-up and gap funding, improvements and acquisitions, and for working capital. To date, over $2 million in loans have been approved for local businesses.
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The post How Baltimore County’s Boost Loan Fund Can Help Your Maryland Business appeared first on Baltimore Tech.
from http://baltimoretech.org/news/how-baltimore-countys-boost-loan-fund-can-help-your-maryland-business-3/
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