The basic objective of the Program is to provide financial assistance in the form of “equity investments”, including loans, or guaranties to qualifying socially or economically disadvantaged persons who wish to begin or develop franchised businesses or acquire existing businesses or technology-based businesses in the State.

Authority: Economic Development Article, §2-108 and Title 5, Subtitle 5, Annotated Code of Maryland

Effective date: April 3, 1989 (16:6 Md. R. 730)

Regulation .01 amended effective April 16, 1990 (17:7 Md. R. 853); December 7, 1992 (19:24 Md. R. 2128)

Regulation .02 amended effective April 16, 1990 (17:7 Md. R. 853); August 3, 1992 (19:15 Md. R. 1394); December 7, 1992 (19:24 Md. R. 2128)

Regulation .03B amended effective April 16, 1990 (17:7 Md. R. 853); December 7, 1992 (19:24 Md. R. 2128)

Regulation .04 amended effective February 18, 2002 (29:3 Md. R. 223)

Regulation .04A amended effective December 7, 1992 (19:24 Md. R. 2128)

Regulation .04C adopted effective April 16, 1990 (17:7 Md. R. 853)

Regulation .05 amended effective April 16, 1990 (17:7 Md. R. 853)

Regulation .07 amended effective April 16, 1990 (17:7 Md. R. 853); August 3, 1992 (19:15 Md. R. 1394); December 7, 1992 (19:24 Md. R. 2128)

Regulation .08A and G amended effective April 16, 1990 (17:7 Md. R. 853); December 7, 1992 (19:24 Md. R. 2128)

Regulation .09 amended effective April 15, 1991 (18:7 Md. R. 775)

Regulation .14 adopted effective April 15, 1991 (18:7 Md. R. 775)