The Maryland Department of Veterans Affairs (MDVA) is dedicated to providing valuable information, resources, and support to veteran business owners. They offer comprehensive assistance in areas such as business planning, access to capital, government contracting opportunities, and more. The MDVA also plays a crucial role in guiding veterans through the certification process for veteran-owned businesses, ensuring they can leverage available benefits. For tailored business guidance, the Maryland Small Business Development Center (SBDC) serves as an invaluable resource. The SBDC specializes in offering business counseling, training, and resources specifically designed for veteran entrepreneurs. They provide expert guidance on critical areas such as business planning, market research, financial management, access to capital, and even government contracting opportunities. SBDC advisors are well-equipped to assist veterans in pursuing government contracts. To navigate the complexities of government procurement, the Maryland Procurement Technical Assistance Center (PTAC) provides essential support to veteran-owned businesses. They offer expert guidance on registering as a government contractor, finding bidding opportunities, understanding requirements, and preparing and submitting proposals. Maryland offers a veteran-owned business certification program through the Maryland Department of Transportation (MDOT). This certification provides recognition and opens doors to government contracts and procurement preferences for veteran-owned businesses. Additionally, Maryland provides various financing programs to support veteran-owned businesses, including loans, grants, and assistance in accessing capital for business development and expansion. The Maryland Department of Commerce and local financial institutions play a significant role in providing these programs, ensuring that veterans have the necessary financial resources to thrive and succeed in their business endeavors.
To access the specific resources and benefits available for veteran business owners in Maryland, I recommend visiting the official websites of the Maryland Department of Veterans Affairs (MDVA) at https://veterans.maryland.gov/, the Maryland Small Business Development Center (SBDC) at https://mdsbdc.org/, and the Maryland Procurement Technical Assistance Center (PTAC) at https://mdptac.org/. These websites should provide information on programs, certifications, financing options, counseling services, and other resources available for veteran entrepreneurs.
Additionally, you may consider reaching out to local veteran organizations, chambers of commerce, or the local Small Business Development Center (SBDC) in Maryland for further assistance and guidance tailored to veteran business owners in the state.
- Preferred Vendor Status, Certification Program, or State Procurement Program
- Veteran-Owned Small Business Enterprise (VSBE) Program
- Offers business Tax incentive
- Small Business Loan Program
- Military Personnel and Veteran-owned Small Business Loan Program (MPVSBLP)
- Offers State Funding opportunity or Financial Assistance
- Business Resource and Education Programs
- VOB Networking and Mentorship
- Offers or proposed SSBCI CAP and OCSP Funding Programs
- - State Department: Maryland Department of Housing and Community Development
Maryland TEDCO
Meridian Management Group, Inc.
- Program Types: Loan Participation Program
OCSP - Other
Equity Capital Program (Direct)
Equity Capital Program (Funds)
Loan Participation Program
- Program Names: Neighborhood Business Works Loan Participation
Neighborhood Business Works Venture Debt
Venture Equity Fund
Venture Capital Limited Partnership Equity
Social Impact Funds
Seeds Funds Equity
MSBDFA Equity Participation Investment Program - Loan
MSBDFA Equity Participation Investment Program - Equity
- Contact Information: [email protected]
[email protected]