Small Biz Bulletin - February 2022
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Message from Special Secretary Rhee
Every February we celebrate Black History Month, an event that has a history of its own thanks to Carter G. Woodson, Ph.D. He founded the Association for the Study of African American Life and History, and is known as the "Father of Black History." He illuminated the idea that black history is about more than the subjugation of slavery, and brought awareness to the significant impact African Americans have on the social, political, and economic development of the United States and the world. The advancement of civil rights impacts all of us and Black Americans have been on the frontline. Their fight for social justice and equality has touched many races and cultures. As a beneficiary of their sacrifice, I am deeply grateful. We must not think of African American contributions only during the month of February. We separate it for the purpose of illuminating its importance. It is an American narrative permanently woven into the fabric of our American culture and should be celebrated ever day.
Jimmy Rhee
Special Secretary
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For Your Business
Annual Business Filings
The Maryland Department of Assessments and Taxation (SDAT) recently announced the availability of 2022 annual reports for businesses registered in Maryland. All domestic and foreign business entities must file an annual report or request an extension by April 15, 2022 to maintain their "good standing" status. If your business owns, leases, or uses personal property in Maryland and/or maintains a trader's license with a local unit of government in Maryland, a personal property tax return is also required. The quickest and easiest way to submit these filings is through SDAT’s award-winning Maryland Business Express site. Once received, annual reports filed online are posted the next business day. Businesses that request a two-month filing extension through SDAT's online extension system will have a deadline of June 15, 2022.
Maryland Business Express
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Sports Wagering Class B License
Maryland’s Sports Wagering Application Review Commission (SWARC) is seeking Maryland businesses interested in applying for Class B sports wagering facility licenses. Under Maryland’s sports wagering law, SWARC may issue up to 30 licenses. The holder of a license may operate sports wagering at a single facility located within the State of Maryland. Currently, SWARC is establishing the competitive application process for the award of these licenses. Likely candidates for licenses include businesses in the entertainment and hospitality industry. If you're interested in this new industry, follow the link below to learn more.
Sports Wagering Business Opportunities in Maryland
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Foundation 2 Blade
Maryland's offshore wind industry is continuing to advance. A training program to help companies identify where they can fit into the growing supply chain is forming. Foundation 2 Blade is an 18-hour training program with six modules that are broken down to demystify the supply chain, spur innovation, and present a market entry pathway for small businesses. The Foundation 2 Blade program is hosted by the Business Network for Offshore Wind and sponsored by the Maryland Energy Administration. This training is exclusively offered to Maryland businesses only. The next training session will be held March 16-18, 2022. Advance registration is required.
Foundation 2 Blade
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Mark Your Calendar
Celebrating Black History Month
The Banneker-Douglass Museum is the State of Maryland's official museum of African American heritage. A community-led effort transformed the former Mt. Moriah AME Church building into the current day museum which opened on February 24, 1984. The museum focuses on a community-based approach to building collections and exhibitions. As you plan your celebration of Black History Month throughout February, include a visit to the museum in Annapolis. Admission to the museum is free, however donations are accepted. You can tour at your own pace, or plan a guided tour (for groups of five or more for a tour fee of $5 per person). Visit the Banneker-Douglass Museum website for hours and a list of the current exhibits and special events.
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Technical Training Classroom
We have two great sessions of our Technical Training Classroom series this month. These free webinars cover a broad range of topics to help small, minority, women, and veteran entrepreneurs improve managerial efficiencies and gain an insightful understanding of the government contracting arena. Advance registration is required. Reserve your "seat" today.
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