Three Maryland Veteran-Owned Businesses Receive $50,000 in Financing
Companies plan to create a combined 75 new jobs in Maryland
The businesses receiving financial assistance include SRL Total Source, LLC, a Waldorf company that provides medical, cyber, and healthcare staffing services for federal government agencies; Samson Protection Services, LLC, an Upper Marlboro security and property protection startup specializing in executive protection, security officers, and investigating; and PLAYLive Nation-Annapolis, a family entertainment center that operates a gaming lounge for video game enthusiasts.
“Our military and veteran loan program has helped dozens of entrepreneurs expand their business ventures here in Maryland,” said Maryland Commerce Secretary Kelly M. Schulz. “We’re proud to support our men and women in uniform and we look forward to seeing what they do next.”
“Military careers provide men and women with the skills necessary to become leaders and successful entrepreneurs,” said Maryland Department of Veterans Affairs Secretary George Owings. “We wish these newest loan recipients the best of luck in their professional endeavors.”
The Military Personnel and Veteran-Owned Small Business No-Interest Loan Program was created in 2006 and is administered by Commerce in consultation with the Maryland Department of Veteran Affairs. Veterans, military reservists, and National Guard members who own a business are eligible to apply. The program also accepts applications from small businesses that employ military reservists and National Guard members called to active duty, as well as companies owned by or employing service-disabled veterans.
Applications for the state’s veteran loan program will be accepted through August 30, 2019. To learn more about the program, please visit our website.
Maryland Small Business Retirement Savings Program
Complete Survey to Better Serve Small Business Community
Maryland$aves is a new low-cost, hassle-free service for businesses that do not currently offer a retirement plan. The Maryland Department of Assessments and Taxation (SDAT) has partnered with the Maryland Small Business Retirement Savings Program (Maryland$aves) and The Pew Charitable Trusts (Pew), a non-partisan, non-profit research organization, to distribute an important survey to collect feedback from Maryland’s small business community. The survey will provide input about the potential advantages and disadvantages of participating in a retirement savings program.
The data collected from the survey will allow improvements to the program and enhance the incentives for thousands of businesses and their employees to participate.
Upon completion of this survey, Pew will send a $10 e-gift card to participants.
This e-gift card incentive offer is authorized, administered and fulfilled solely by The Pew Charitable Trusts, a private survey company that has no association with the State of Maryland. Pew is wholly responsible for determining eligibility. SDAT merely acts in an informative capacity by including information about Pew's e-gift card incentive offer and does not endorse any privately offered incentive program, nor does it assume any liability whatsoever for fulfilling the terms of such offer.
Participation is voluntary, survey responses are undisclosed to the public, and responses are not linked to any organization. Survey results will only be reported at the aggregate level.
The Maryland$aves program is overseen by the Maryland Small Business Retirement Savings Program Board. The board members include the Maryland State Treasurer, the Secretary of Labor, Licensing, & Regulation, and 3 members each appointed by the Governor, the President of the Senate, and the Speaker of the House of Delegates. The Maryland$aves program is expected to launch in early 2020.
To find out more about the study, please go to “Why Participate in the MarylandSaves Employer Survey.” If you have any questions, please call (202) 540-6840 or email mhines@pewtrusts.org to reach a study representative.
To complete the survey, please click here.
https://pewtrusts.qualtrics.com/jfe/form/SV_djo1zU3j59IqtV3
Maryland Black Bear Lottery Now Open
Application Deadline Aug. 31; Drawing Sept. 3
The Maryland Department of Natural Resources is now accepting applications for the 2019 black bear hunt lottery. Successful applicants will receive a permit valid for the five-day hunting season, taking place Oct. 21-25 in Allegany, Frederick, Garrett, and Washington counties. Read more.
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