Learn More about CDFI's and Small Business Resources in Maryland see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Baltimore Community Lending, Inc.
CDF Development, LLC
Charter Facilities Funding, LLC
Community Capitol of Maryland, Inc.
Community Development Ventures, Inc.
Development Credit Fund, Inc. (DCF)
Enterprise Foundation Inc., The
ESIC New Markets Partners, LP
Faith Fund, Inc.
First Combined Community Federal Credit Union
Harbor Bank of Maryland
Harbor Bankshares Corporation
Maryland Capital Enterprises, Inc.
Mid-City Community CDE, LLC
Native American Capital, LP (NAC)
Urban Research Park CDE, LLC
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.