The Maryland Business Opportunity Center (MBOC) is the University of Maryland's central hub to cultivate and support efforts to start, grow, and sustain entrepreneurship in underserved communities through awareness and access to entrepreneurship programs. MBOC, supported by the Maryland Small Business Development Center (SBDC), works to create synergy between public and private organizations to work with socially and economically disadvantaged individuals (SEDIs) and socially and economically disadvantaged-owned businesses (SEDBs) to generate access to capital and business opportunities for economic prosperity.
The Maryland Business Opportunity Center (MBOC) works to connect public and private organizations to work with socially and economically disadvantaged individuals (SEDIs) and business owners to generate access to capital and business opportunities for economic prosperity.
Small business enterprises owned and controlled by socially and economically disadvantaged individuals (SEDI) and Very Small Businesses (VSB). This includes business owners from underserved, low-income, and underrepresented minority communities, including BIPOC individuals, women, veterans, and LGBTQ+ who are not ready for traditional business assistance programs.
Discover Maryland's State Small Business Credit Initiative (SSBCI) – a federally funded program designed to offer crucial loans and investments to the Maryland's small businesses. Aimed at providing ongoing support during the pandemic, this initiative opens doors to capital for businesses facing challenges due to social, geographic, and economic factors.