Targeted Finance Program Resources Directly with Small Biz, Bankers and Entrepreneurs.
Maryland Department of Business and Economic Development
On January 16, DBED launched the Financing that Fits campaign to communicate the availability of targeted finance program resources directly with small businesses, bankers and entrepreneurs. The Financing that Fits campaign emphasizes specific programs funded through the State Small Business Credit Initiative (SSBCI) to increase applicants, approved deals and settlements for those programs. Using radio and internet ads, the messages are aimed at both bankers and business owners and feature information on the following programs – the Maryland Small Business Development Financing Authority (MSBDFA), which provides credit guarantees to small businesses that may not meet established credit criteria; the Maryland Industrial Development Financing Authority (MIDFA), which provides loan guarantees; and the Maryland Venture Fund (MVF), which invests in seed and early stage businesses to help with the cost of bringing a new product to market. Also included in the promotion is a program of the Maryland Department of Housing and Community Development, Neighborhood Business Works, which provides gap financing to new or expanding small business and nonprofits in sustainable communities.
The Financing that Fits campaign airs in the Baltimore and Washington media markets for approximately 10 weeks. If you are interested in featuring any of these ads on your website, please contact Sherrie Diehl or Jacob Austin.