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Maryland Code, Economic Development § 5-556

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(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.

Cite this article: - Maryland Code, Economic Development § 5-556 - last updated December 31, 2021 |

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