SSBCI funding can be accessed by any qualifying business in Maryland. MSBDFA’s direct loan and equity investment component is known as the Equity Participation Investment Program (“EPIP”). EPIP has received an SSBCI funding commitment of $45 million over a 7-year period. MSBDFA’S EPIP assistance using SSBCI funding will provide loans ranging from $25,000 to $2,000,000 and equity investments from $25,000 to $1,000,000.
To determine if your business qualifies for SSBCI funding, you will need to submit an MSBDFA program application.
