News

MCE is a $5K sponsor of The Bernstein Competition at Salisbury University

The Bernstein Competition is held at Salisbury University every year to allow students that are aspiring entrepreneurs an opportunity to not only present their business idea, but also compete for actual prize money and technical assistance. MCE’s President & CEO Joseph Morse, had an opportunity to be one of the judges of the competition. He

Baltimore Women’s Business Center Expands

The Baltimore area Women’s Business Center has expanded and relocated from 1800 N. Charles St.in Baltimore to 333 N. Charles St. in the historic Baltimore Women’s Industrial Exchange building. Operated by MCE (Maryland Capital Enterprises, Inc.), the center is designed to assist businesswomen in starting and expanding small businesses in Baltimore City, and both Baltimore

MCE awarded $1 million to help small business

Maryland Capital Enterprises Inc. (MCE),was awarded $1 million from revenues generated by the state’s three casinos on April 17, 2013 when the Board of Public Works approved the recommendation from the Maryland Department of Business and Economic Development (DBED). MCE will use the funding to provide loans to Small, Minority and Women-Owned Businesses located in

MCE supports Entrepreneurship Retreat for UMES business students

27 UMES students got treated to an entrepreneurial experience of their lives when they traveled to Georgia on April 17, 2013 with the support of MCE and First Shore Federal Bank. The students spent 3 days and 2 nights at The Allen Entrepreneurial Institute International (AEII) in Lithonia, Georgia learning from prominent African American business

Three new businesses come to Eastern Shore thanks to business plan competitions

EASTON, MD – A recent Harvard Business Review blog described “action” as what differentiates an entrepreneur from an inventor. Three Maryland entrepreneurs were recently awarded a total of $35,000 to turn their innovations into business enterprises on Maryland’s Eastern Shore. The startup cash and services were awarded through the inaugural Eastern Shore Business Plan Competition, presented by

A successful 2012 for MCE Helping to create jobs on the shore

“If just one in three micro businesses hired an additional employee, the US would be at full employment.” This was the powerful message delivered at the Association for Enterprise Opportunity (AEO) Conference this year. If this economy is going to turn around, it’s going to happen on Main Street. MCE has been committed to helping

Eastern Shore Business Plan Competition. $35,000 in cash & services to be awarded

ENTREPRENEURS! Do you have a new business startup in mind? Are you an early-stage company that needs additional funding? Do you plan to create jobs on the Eastern Shore? Eastern Shore Entrepreneurship Center (ESEC) and Maryland Capital Enterprises (MCE) are excited to launch the Eastern Shore Business Plan Competition. The purpose of the competition is

MCE granted $600K to help small businesses

The US Treasury Department has announced that MCE (Maryland Capital Enterprises, Inc.) has been awarded a $600,000 grant to aid its effort to assist small businesses on the Shore and in the Baltimore – Annapolis area of the State of Maryland. The grant adds $100,000 to MCE’s $1 million revolving small business loan fund. It

MCE creates Plamer Gillis Entrepreneur of the Year Award

Maryland Capital Enterprises (MCE) is proud to announce the creation of a new, annual award that will honor the entrepreneurial spirit of the businessman it is named for: the Palmer Gillis Entrepreneur of the Year Award. Gillis, a Salisbury native, has spent the last 35 years building his construction company into one of the largest general