# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 10 — Equity Participation Investment Program

#### Regulation .02 Objective.

*COMAR 24.05.10.02*

The basic objective of the Program is to provide financial assistance in the form of “equity investments”, including loans, or guaranties to qualifying socially or economically disadvantaged persons who wish to begin or develop franchised businesses or acquire existing businesses or technology-based businesses in the State.