Small, Minority and Women-Owned Business Account - Video Lottery Terminal Fund (VLT)
Maryland Department of Commerce
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
state
Overview
Small, Minority and Women-Owned Business Account - Video Lottery Terminal Fund (VLT)
VLT fund uses proceeds from Maryland’s casinos to assist small, minority, and women-owned businesses. Fifty percent must be located in targeted areas surrounding five Maryland casinos, while the remaining 50% is available throughout Maryland. Nine Fund Managers across the State oversee the distribution of VLT funds.
Details
- Agency: Maryland Department of Commerce
- Application Due: Rolling
- Financial Assistance: Direct Loan
Eligible Applicants
For-Profit, Individuals
Eligibility
Eligible Applicant Types
How to Apply
Application Due: Rolling
Program website: http://commerce.maryland.gov/fund/programs-for-businesses/vlt
Focus Areas & Funding Uses
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