Md. Code, Econ. Dev. § 5-556

Current with changes from the 2024 Legislative Session
Section 5-556 - Application for financing
(a) The Authority may provide equity participation financing under the Program only after the enterprise submits an application that contains a business plan that meets the requirements of subsection (b) of this section.
(b) The business plan of an enterprise shall include:
(1) a description of the small business or existing business and its management, product, and market;
(2) a statement of the amount, immediacy of need, and projected use of the capital required;
(3) a statement of the potential economic impact of the purchase;
(4) information that relates to the satisfaction of the applicant's requirements of § 5-557(d) and (e) of this subtitle; and
(5) any other information the Authority requires.

Md. Code, EC § 5-556

Amended by 2014 Md. Laws, Ch. 71,Sec. 1, eff. 7/1/2014.
Amended by 2014 Md. Laws, Ch. 70,Sec. 1, eff. 7/1/2014.