Small, Minority and Women-Owned Business Account – Video Lottery Terminal (VLT) Fund
Maryland's Video Lottery Terminal (VLT) Fund — also referred to as the State Lottery Terminal (SLoT) Fund — uses proceeds (1.5%) from video lottery terminals at the state's six casinos to provide below-market-rate loans and financing to small, minority, women-owned, and veteran-owned businesses in Maryland. Offered by Maryland Department of Commerce.
Key Facts
- Funder
- Maryland Department of Commerce
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
Maryland's Video Lottery Terminal (VLT) Fund — also referred to as the State Lottery Terminal (SLoT) Fund — uses proceeds (1.5%) from video lottery terminals at the state's six casinos to provide below-market-rate loans and financing to small, minority, women-owned, and veteran-owned businesses in Maryland. At least 50% of funds are prioritized for businesses within targeted areas near the six casinos: Maryland Live! in Anne Arundel County, Hollywood Casino Perryville in Cecil County, Rocky...
Full requirements and application instructions: official listing.
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