§ 5-556

Maryland § 5-556

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 5

Text

(a) The Authority may provide equity participation financing under the Program only after the enterprise submits an application that contains a business plan that meets the requirements of subsection (b) of this section.

(b) The business plan of an enterprise shall include:

(1) a description of the small business or existing business and its management, product, and market;

(2) a statement of the amount, immediacy of need, and projected use of the capital required;

(3) a statement of the potential economic impact of the purchase;

(4) information that relates to the satisfaction of the applicant’s requirements of § 5–557(d) and (e) of this subtitle; and

(5) any other information the Authority requires.