§ 5-556. Application for financing

MD Econ Dev Code § 5-556 (2019) (N/A)
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(a)    The Authority may provide equity participation financing under the Program only after the enterprise submits an application that contains a business plan that meets the requirements of subsection (b) of this section.

(b)    The business plan of an enterprise shall include:

(1)    a description of the small business or existing business and its management, product, and market;

(2)    a statement of the amount, immediacy of need, and projected use of the capital required;

(3)    a statement of the potential economic impact of the purchase;

(4)    information that relates to the satisfaction of the applicant’s requirements of § 5–557(d) and (e) of this subtitle; and

(5)    any other information the Authority requires.