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Governor Moore joins U.S Treasury, federal leaders to announce $10 million investment to support small businesses in Maryland

Posted on by Chris Montcalmo

ANNAPOLIS, MD—The State of Maryland is set to receive $10 million in federal grant money meant to help small businesses expand and grow. The governor’s office says the money will help connect small business owners with the resources needed to take advantage of economic opportunities. The funds are coming from the State Small Business Credit Initiative Investing in America Small […]

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Governor Wes Moore ION Tour

Governor Moore tours ION Storage Systems, announces $11 million investment to support Maryland-based manufacturing projects

Posted on by Chris Montcalmo

UPDATE: The headline and body of this article have been updated to provide additional information and clarity. Story continues below… ANNAPOLIS, MD—Governor Wes Moore this week visited ION Storage Systems, a Maryland-based manufacturer of solid-state batteries for the defense, aerospace, medical, consumer, electric vehicle, and grid storage industries. During the visit in Beltsville, the governor announced $11 million in funding […]

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Open for Business

Governor Hogan announces Maryland’s State Small Business Credit Initiative programs now open

Posted on by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan this week announced Maryland programs funded by the State Small Business Credit Initiative (SSBCI) are open. Up to $198 million in federal small business relief is being administered by three state agencies: the Maryland Department of Housing and Community Development (DHCD), the Maryland Department of Commerce, and the Maryland Technology Development Corporation (TEDCO). These agencies will […]

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Governor Larry Hogan

Governor Hogan announces $198 million in small business relief

Posted on by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan this week announced that the State of Maryland will deploy up to $198 million in federal small business relief through the State Small Business Credit Initiative (SSBCI). Maryland was the first state in the nation to submit its SSBCI deployment plan to the United States Treasury Department, and today was one of the first five states […]

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