Maryland's State Small Business Credit Initiative (SSBCI) Program

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

The Maryland Department of Housing and Community Development has been designated as the lead agency to administer Maryland's State Small Business Credit Initiative (SSBCI) funds in partnership with the Maryland Department of Commerce and the Maryland Technology Development Corporation​. Funds will be used to support businesses with limited opportunities for growth. Maryland's statewide SSBCI initiatives will target communities and areas with a high concentration of small, micro, and Socially and Economically Disadvantaged Individual (SEDI) businesses. ​NOTE: these funds are issued as loans or equity investments only, SSBCI does not offer grants.​​​

​​​​​​​​​​​​​​​​​​

SSBCI News

Governor Moore Announces $15 Million Available for Small Business Relief​​

D.C. Venture firm Tapped by TEDCO to Deploy Millions to Socially and Economically Disadvantaged Entrepreneurs

SSBCI Partners

Maryland Department of Commerce

Maryland Technology Development Corporation (TEDCO)

SSBCI Lenders

Apply directly for SSBCI funding with our lending partners.

Lendistry website 

SSBCI Technical Assistance

Financial Advisory Consulting, Financial Webinars and Workshops and Loan Packaging Assistance.

Visit MD Business Opportunity Center​

SSBCI Resources

FAQ, legislation, guidelines, and additional resources​.

For More Information

Contact: ​dhcd.ssbci@maryland.gov​​​ or ​866-226-3559​

​​​

Financing Your Small Business Growth

Learn about the different Maryland SSBCI programs and find the right one for you.

​​