Federal and state contracting and subcontracting opportunities are critical pathways for small businesses looking to expand their operations and tap into new markets.
Maryland Small Business Owner Highlight
Entrepreneur Clifton Broumand has an advanced degree in trial and error, and if you ask him he’ll tell you his studies were not cheap.
“I had a very expensive education – instead of getting an MBA at a university, I got a Ph.D. in making mistakes and learning from them,” said Clifton.
Maryland Events
While you might still be considering how your small business can take advantage of Secure 2.0, lawmakers are already thinking through new ways to further increase access to retirement savings and coverage. Does this mean a Secure 3.0 is on the horizon?
Rural small businesses face unique barriers in their efforts to start and grow - from a lack of access and awareness to capital and resources to struggles maintaining a qualified workforce.
Through their suite of lending and technical assistance programs, the U.S. Small Business Administration (SBA) has helped millions of small businesses access the capital and resources needed to thrive and grow.
Maryland Policy
Today, Small Business Majority's Public Policy Director Awesta Sarkash testified before the Maryland House of Delegates Economic Matters Committee in support of HB 574, which would enact critical protections for small business borrowers in Maryland that are falling prey to predatory lending practices.
On February 15, Small Business Majority's Public Policy Director Awesta Sarkash testified before the Maryland Senate Finance Committee on SB 0496, legislation that would enact critical protections for small business borrowers in Maryland that are falling prey to predatory lending practices.
Today, Awesta Sarkash, Government Affairs Director, testified in front of the Maryland Senate Finance Committee in favor of Senate Bill 825, the Consumer Credit- Commercial Financing Transactions.
The most surprising development in Maryland this month wasn’t a snowstorm but the fact that the General Assembly and Gov. Larry Hoganput politics aside to pass a lawthat will rescue the state’s entrepreneurs and small business employees from skyrocketing health care costs.
Maryland lawmakers just approved a bill that will curb the cost of health insurance premiums for 150,000 residents through a $380 million reinsurance program. That's money that can be used by insurers to pay for some of the costliest claims made by customers who purchased insurance through Maryland’s health insurance marketplace. States like Maryland are looking at these programs because they can help stabilize premiums in the individual marketplace by helping to compensate insurers for their most expensive customers.