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O’Malley Announces Small Business Grant

July 3rd, 2013 by WCBC Radio

Governor Martin O’Malley announced Tuesday that the State, through the Maryland Department of Business and Economic Development (DBED), has approved a $250,000 grant to the Tri-County Council for Western Maryland (TCCWMD) to establish a revolving loan fund for qualified small businesses in Allegany County. Allegany County has designated the TCC  as its agency to receive and administer the funds. As a One Maryland Jurisdiction, the Council  will provide $125,000 in matching funds. Allegany County Economic Development Director Matt Diaz said that small business growth and development is a top priority in Allegany County’s overall economic development strategy.


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