Federal Project Grant Award Summary
Maryland Capital Enterprises, Inc. received a $150,000 Project Grant award dated September 30, 2025, from the U.S. Small Business Administration's Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043). The grant supports the organization's designation as a Women's Business Center (WBC) serving women entrepreneurs throughout Maryland. Under this award, Maryland Capital Enterprises will deliver comprehensive business development services to women entrepreneurs, including technical assistance in finance, management, marketing, and procurement readiness, along with entrepreneurial training and business counseling designed to support women business owners in starting and expanding ventures.
The funding represents an annual option-year award to Maryland Capital Enterprises, which maintains its WBC status as a tax-exempt nonprofit community development corporation based in Salisbury, Maryland. The organization leverages this grant funding alongside its other federal partnerships with the Small Business Administration and U.S. Department of Agriculture to provide integrated microfinance and technical assistance services, with particular emphasis on serving socially and economically disadvantaged women business owners. The award extends through September 29, 2026, during which the organization will maintain detailed client activity records documenting the nature and variety of services provided to women entrepreneurs throughout its service area.