MARYLAND SMALL BUSINESS DEVELOPMENT FINANCING AUTHORITY (MSBDFA)

MSBDFA promotes the viability and expansion of businesses owned by economically and socially disadvantaged entrepreneurs. MSBDFA uses include working capital, supplies and materials, machinery and equipment acquisition, land acquisition or real estate improvements. Other uses include the purchase of an existing franchise, construction or renovation and franchise fees or obtaining bid, performance and payment bonds for contracts, which receive the majority of their funding from federal, state or local government.

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MARYLAND SMALL BUSINESS DEVELOPMENT FINANCING AUTHORITY (MSBDFA)

Industry:
Financial Services

Founded:
1978-01-01

Status:
Active

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Investments List

Date Company Article Money raised
2019-01-31 Pet Connect Marketplace® Maryland Small Business Development Financing Authority (MSBDFA) investment in Seed Round - Pet Connect Marketplace® 290 K USD
2018-11-22 Physical & Sports Rehab Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - Physical & Sports Rehab 324 K USD
2018-11-22 Flight Fab Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - Flight Fab 800 K USD
2018-11-22 Food Opportunity Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - Food Opportunity 369 K USD
2018-11-22 Precise Telehealth Maryland Small Business Development Financing Authority (MSBDFA) investment in Convertible Note - Precise Telehealth 200 K USD
2018-11-22 Log Cabin Candies Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - Log Cabin Candies 300 K USD
2018-11-22 JesseJay's Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - JesseJay's 450 K USD
2018-11-22 Precise Telehealth Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - Precise Telehealth 250 K USD
2018-11-22 J Marshall & Associates Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - J Marshall & Associates 500 K USD
2018-11-22 The C2 Contracting Company Maryland Small Business Development Financing Authority (MSBDFA) investment in Debt Financing - The C2 Contracting Company 200 K USD

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Specifically, a private contractor manages the four MSBDFA components and the Maryland Department of Commerce provides financing for the approved small businesses. Program …See details»

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