Micro Loans for Business Owners and Entrepreneurs in MD

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

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

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

“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

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