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State by State Incentives Guide

Buisness Facilities Contributed Content

MARYLAND – updated for 2014. Maryland Resources for Business. Maryland Department of Business and Economic Development Programs. Maryland Venture Fund: A state-funded seed and early-stage equity fund; an evergreen fund that receives annual allocations from the Maryland State Legislature.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75