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Small, Minority and Women-Owned Business Account - Video Lottery Terminal Fund (VLT)

Maryland Department of Commerce

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

State

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • For-profit businesses
  • Individuals
  • For-Profit, Individuals

Geography

  • Maryland
  • Located in targeted areas surrounding five Maryland casinos, while the remaining 50% is available throughout Maryland

Overview

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

How to Apply

Application Due: Rolling

Program website: http://commerce.maryland.gov/fund/programs-for-businesses/vlt

Focus Areas & Funding Uses

Fields of Work

  • Small businesses
  • Minority businesses
  • Women-owned businesses

Project Locations

  • MD

Categories

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