Millions in Small Business Relief Announced

Date: May 17, 2023

Governor Moore commits $15 million to relief fund

Earlier this week Governor Wes Moore announced a $15 million commitment thought the State Small Business Credit Initiative (SSBCI). The initiative is administered by three state agencies through nine different programs. The programs offer loans or investment equity opportunities. SSBCI initiatives target communities and areas with a high concentration of small, micro, and Socially and Economically Disadvantaged Individual (SEDI) businesses.

For questions, please reach out to Maryland State Director Mike O’Halloran.

Related Content: Small Business News | Maryland

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