Micro Loans for Business Owners and Entrepreneurs in MD

Maurice Ames Attends Event Celebrating New Partnership Between U.S. SBA and the African American Alliance of CDFI CEOs for Small Business Growth The African American Alliance of CDFI CEOs (The Alliance) has teamed up with the U.S. Small Business Administration (SBA) to fuel entrepreneurship and promote the sustainable growth of small businesses. Marking a significant

 Make a Difference Before the Year Ends Dear Supporters and Friends of Maryland Capital Enterprises, As the year draws to a close and we all start thinking about the upcoming tax season, it’s the perfect time to reflect on the impact we can make together. Your support has been the cornerstone of our success, and

Maryland Capital Enterprises Celebrates the 12th Annual Palmer Gillis Entrepreneur of the Year Award Salisbury, Maryland – Maryland Capital Enterprises, Inc. (MCE) announces that in partnership with esteemed local businessman Mr. Palmer Gillis, we have hosted the twelfth annual MCE Palmer Gillis Entrepreneur of the Year Award ceremony. The event took place on November 2,

The Maryland Capital Enterprises’(MCE) Women’s Business Center proudly announces its recent recognition at the Maryland Women’s Small Business Celebration 2023, hosted by the Governor’s Office of Small, Minority & Women’s Business Affairs on October 10, 2023, in Crownsville, Maryland. The event marked the official commencement of Maryland Women’s Small Business Month and celebrated the crucial

2016 marks the 30th anniversary of the Entrepreneurship Competition named after local entrepreneur Richard Bernstein. George Koste, Executive Director of MCE was one of this year’s judges for the competition. MCE awarded the second place winner, Neuro Helmet Systems, with $5,000. Their business plan is to develop and market high-end, high-tech motorcycle helmets.

The new MCE Women-Owned Business Loan (WOBL) Fund has loaned over $500,000 to businesses owned by women on The Eastern Shore and in the Annapolis-Baltimore area since its founding. Launched last August by Salisbury-based Maryland Capital Enterprises, Inc. (MCE), the fund makes small business loans $5,000 – $150,000 to businesses owned by women in the

MCE has been awarded a $50,000 grant the U.S. Department of Agriculture through its RBEG (Rural Business Enterprises Grant) program to assist micro-businesses on Maryland’s Eastern Shore to grow into sizable businesses generating employment opportunities. MCE (Maryland Capital Enterprises, Inc.) will use the grant to support its Incubator Without Walls (IWW) project that provides technical

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