Maryland Code, Economic Development § 5-556

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-556 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-556/

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