NBW Venture Funds Program
The Neighborhood BusinessWorks (NBW) Venture Funds Program provides venture debt financing to early-stage businesses in Maryland with high job-growth potential. Offered by Maryland Department of Housing and Community Development.
Key Facts
- Funder
- Maryland Department of Housing and Community Development
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
The Neighborhood BusinessWorks (NBW) Venture Funds Program provides venture debt financing to early-stage businesses in Maryland with high job-growth potential. It supports companies that have already raised equity from early-stage investors and are seeking bridge financing to reach the next equity raise milestone. Venture debt is provided as repayable principal and interest or convertible notes. Part of Maryland's State Small Business Credit Initiative (SSBCI). Assistance type: loan, equity...
Full requirements and application instructions: official listing.
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