Delmarva Peninsula Entrepreneurship

We are a group of community builders working on making entrepreneurship resources and opportunities more accessible to those in the Delmarva region. Learn more about our initiatives and how you can also get involved.

Online Community

We invite you to join and be part of a vibrant and connected entrepreneurial ecosystem on the Eastern Shore. We have started a Discord community where all new and seasoned entrepreneurs are welcome. There are different channels to share events, ask questions, share resources, find out about local news, and share your success and challenges with others.

Funding and Investment

We suggest you check out the following organizations if you are looking to fund your startup or raise capital to scale. We constantly add more more financing opportunities, so check back often to see if there are new resources.

Eastern Shore Entrepreneurship Center

The Eastern Shore Entrepreneurship Center (ESEC) manages a portfolio of available revolving loan funds to entrepreneurs, and small businesses throughout the Eastern Shore. This is a non­traditional source of funding which is more accessible than traditional bank financing. Besides, new and existing businesses are invited to apply for loans of up to $200,000. Applications are accepted every six weeks.

F3 Tech (Farm / Fish / Food)

The F3 Tech Accelerator Program provides funding and support for early-stage companies to prepare them for potential investment from the F3 Tech Seed Fund, industry partners, and investors.

Shore Hatchery Entrepreneurship Competition

The Shore Hatchery will fund up to $200,000 a year to those applying for grants through the Shore Hatchery program. Shore Hatchery Board of Directors select recipients based on multiround presentations. The goal of the Shore Hatchery is to reward individuals for their entrepreneurial efforts in creating and growing businesses that have a positive potential impact on regional employment. Funding is a maximum of $50,000 with other amounts available for nonprofit, social and emerging entrepreneurs. Submissions to the Shore Hatchery competition are accepted twice a year (generally in March and September).

Mid-Atlantic Venture Association

ESEC is a Community Partner of the Mid-Atlantic Venture Association (MAVA). For more than 25 years, MAVA has served the full community of innovators, companies, private capital, suppliers, and key advisors needed to build successful businesses from startup to exit. From venture to private equity, angel to growth equity, and family office to corporate strategic, MAVA brings together the full spectrum of capital and key resources necessary to accelerate the growth of companies across industry sectors and stages of development. MAVA provides a wide range of programs, information, and forums designed to stimulate revenue and company growth, facilitate quality deal flow, encourage collaboration, and foster relationships among entrepreneurs, investors, strategic partners, and customers. Interested investors are welcome to join MAVA and/or attend its events.

Maryland Development Technology Association (TEDCO)

TEDCO is an independent instrumentality of the State of Maryland, established by the Maryland General Assembly in 1998, to facilitate the creation of businesses and support their growth in all regions of the State. TEDCO’s role is to be Maryland’s leading source of funding for earlystage, technology-based businesses; to provide other business assistance to entrepreneurs throughout the State; and to foster technology transfer and commercialization from the State’s universities and Federal labs. TEDCO is leading innovation to market in Maryland and contributing to a robust entrepreneurial ecosystem in the State through its various programs and funds.

Southeast Rural Community Assistance Project (SERCAP)

SERCAP’s Small Business Loan Program focuses on serving existing businesses looking to grow or expand. If you participate in and graduate from SERCAP’S ELI Entrepreneurship Program, the existing business requirement will be waived and entrepreneurs can qualify for SERCAP’s Small Business Loan Product to start a new business.

Other resources

Here is a list of other resources that you should find useful in your journey.

Maryland Entrepreneur Hub

From funding to talent sources and everything in between, explore over 2,000 resources to build your business in Maryland Our mission is to connect all parts of the entrepreneurial community, working together to create a robust ecosystem of healthy, successful businesses. The Maryland Entrepreneur Hub enables innovators, startup founders, and small business owners to find and connect with the right resources for their business, including investors, universities, mentoring programs, networking groups, training programs, and more.

Maryland Capital Enterprises

Do you own your own business or are you searching for the possibility to become selfemployed? You are in the right place! Since 1998, Maryland Capital Enterprises, Inc. (MCE), a private nonprofit, has worked to build communities by supporting local small businesses. MCE provides counseling and develops business plans for over 100 entrepreneurs per year within our service area. We assist in finding information; improving skills; and acquiring financing to start, expand, or purchase an existing business. Let us help to make all of your business dreams come true!

Maryland Small Business Development Center

If you are an aspiring entrepreneur or an existing business owner in Maryland… the Maryland Small Business Development Center (SBDC) offers FREE individualized consulting, from start up to established businesses. We also offer comprehensive training programs, from those just thinking about starting a business to executive training, with most classes at low to no cost. The Maryland SBDC Network provides Maryland small business owners with access to trusted business advisors who have experience in starting and growing businesses.