Your Coworking Network for Innovation & Startups on Maryland’s Eastern Shore

Resources for Small Business Owners on the Eastern Shore

Anyone starting a business or wanting to take a business to the next level – especially in today’s environment – faces many challenges and problems. Smart business owners take advantage of every resource they can to meet these challenges and solve these problems. Fortunately for hotDesks members on the Eastern Shore there are several resources that can help them start a business or take one to the next level.

If you are just starting out and need some counseling about how to proceed, a good place to start is at the Maryland Small Business Development website. This website offers consulting and training services – all free of charge. Their goal is to help small businesses build strong foundations that will support growth and profitability. To find an SMDC office near you, click here.

Another good starting point is Maryland Capital Enterprises, Inc.‘s website. It offers education, consulting, training, and loans (for those who qualify) to budding entrepreneurs on the Eastern Shore.

If your business is up and running and at the point where you may need additional capital for growth, check out the following financial incentives for businesses in Maryland. This site provides information on programs that offer loans, loan guarantees, venture capital, tax credits, and contract financing.

Additional resources that offer specific services are listed below.

Upper Shore SCORE “Counselors to America’s Small Business” (410-810-2969) is a non-profit association that provides entrepreneurs with no-cost, confidential counseling in person and via email.

Small Business Development Center (SBDC) (410-827-5304), located at Chesapeake College in Wye Mills, provides no-cost counseling and low-cost training programs to entrepreneurs of existing and developing businesses. Check out their Training and Events Calendar.

Maryland Department of Commerce works to attract new businesses and to retain  and expand existing businesses. The Department of Commerce publicizes Maryland’s attributes and markets local products at home and abroad to stimulate economic development, international trade, and tourism and to promote film production in Maryland.

Maryland Agricultural & Resource-Based Industry Development Corporation (MARBICO) 410-267-6807. MARBIDCO’s mission is to help Maryland’s farm, forestry, seafood, and recreation-based businesses achieve profitability and sustainability by providing targeted services that help retain existing production and commerce, promote rural entrepreneurship, and nurture emerging industries.

Small Business Administration (SBA). The Small Business Administration is a United States government agency that provides support to entrepreneurs and small businesses. Resource Guide for Small Business

If you are a dedicated entrepreneur and small business owner, the above resources will be invaluable on your road to success. Also be sure to check out our article on Enterprise Zones – a program your business may well be able to benefit from.