# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 22. Maryland New Start Microloan Program

#### Section 5-2202

(a) There is a Maryland New Start Microloan Program.

(b) The purpose of the Program is to provide loans to covered individuals participating in eligible entrepreneurship development programs.

(c) The Department, in consultation with the Governor's Office of Small, Minority, and Women Business Affairs, shall administer the Program.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)