DC Council begins laying out priorities for restored funds
May 31, 2026
$466 million in improvements coming to Union Station
May 31, 2026
May 30, 2026, 6:33 PM
Some small- and minority-owned businesses in Maryland will be able to get some investment help from the state.
That’s because Gov. Wes Moore announced that the $3 million in financial help, which his office said, will help small- and minority-owned businesses create 72 new jobs and retain 28 more.
It’s part of an investment created by the DECADES Act passed by the General Assembly earlier this year.
The money can be used to help those businesses buy new equipment, purchase real estate and fund working capital.
Moore said in a statement that the state “must ensure that every entrepreneur has a fair shot at success.”
“This investment through the Maryland Small Business Development Financing Authority, bolstered by the DECADE Act of 2026, is a testament to our commitment to creating equitable pathways to work, wages, and wealth for our small and minority-owned businesses,” the governor added.
Click here for full story from WTOP
