Maryland Small Business Development Financing Authority Equity Participation
MSBDFA Equity Participation provides SSBCI equity or equity-like investments to Maryland businesses in socially and economically disadvantaged areas.
About this program
Maryland's MSBDFA Equity Participation program is an SSBCI participating program for businesses seeking equity investments for expansion and growth. The program supports businesses in socially and economically disadvantaged areas and may provide equity, preferred stock, common stock, warrants, partnership interests, or similar equity-like structures. Investment size is listed from $25,000 to $1,000,000 and applicants must provide a minimum 1:1 private capital match.
Eligibility
Maryland small businesses in socially and economically disadvantaged areas that need equity capital for expansion or growth and can provide the required private capital match.
Requirements
- Business must operate in Maryland.
- Business must be seeking equity or equity-like capital for expansion or growth.
- Business must provide a minimum 1:1 private capital match.