Micro Loans for Business Owners and Entrepreneurs in MD

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

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

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

MCE would like to introduce you to our new Training Coordinator, Jessica Weber. Jessica completed her Bachelors of Science Degree in Business Management from the accredited Perdue School of Business at Salisbury University, graduating cum laude. In 2008, while still in college, Jessica opened her first business, Sunset Pools, in Salisbury. In 2010, she was given

Maryland Capital Enterprises, Inc. announces the addition of Alan I. Silverstein,William “Bill” Moore and Dean Woroniecki to its 14-member board of directors. Silverstein is the long-time president and CEO of the Talbot County Chamber of Commerce based in Easton, MD. Dean Woroniecki is co-owner of Affordable Business Systems in Salisbury founded in 1996. Moore is

Maryland Capital Enterprises, Inc. (MCE) of Salisbury has been awarded a $30,000 grant from the PNC Foundation to continue supporting its microenterprise development program on the Eastern Shore and to expand its small business lending program to the Baltimore – Annapolis area. The microenterprise development program provides business assistance, training, technical assistance and capital for

Outgoing MCE Board member is honored for his 10 years of service to MCE. He has served on the MCE Loan Committee all 10 years and is its outgoing chair. He also serves on the MCE Finance Committee and has served as the MCE Loan Treasurer. He will continue to serve on both committees. Sewell

As many small business owners may already know, QuickBooks software is not always the easiest option for managing finances, although on the contrary once the software is thoroughly taught, QuickBooks is a cost-efficient solution to managing the finances of small to medium sized businesses. For the first time, Maryland Capital Enterprises began offering hands-on, interactive

Bank of America recently donated $5,000 to MCE to support its automated business accounting courses.The course will train at least 30 entrepreneurs and benefit at least 60 persons. As a part of our Entrepreneurs Academy, MCE has launched a class on the use of QuickBooks and other automated services to do business accounting. Two classes

Bank of America Salisbury president Monty Sayler is presenting the check for $81,250 to Maryland Capital Enterprises Executive Director Hayley Gallagher at the MCE Salisbury office. The award was the result of a successful application to the bank’s Small Business Grant Reserve Program for SBA and USDA intermediary micro-lenders. MCE is one of the few