Benefits
Transforming Maryland's economy by empowering underrepresented entrepreneurs and fostering innovation through strategic funding and support.
Igniting Maryland's
Economic
Renaissance
The B.R.I.D.G.E. (Business Resource Initiative for Developmental Growth and Empowerment) Program is a groundbreaking initiative set to transform Maryland’s economic landscape. This innovative program, established within the Maryland Department of Commerce, aims to foster diverse and effective business incubators across the state.
By providing crucial financial assistance, resources, and advocacy, B.R.I.D.G.E. empowers underrepresented entrepreneurs, addresses historical investment gaps in HUB Zones and Opportunity Zones, and positions Maryland as a national leader in inclusive economic development.
With a potential $5 million annual investment from 2026 to 2032, this program is poised to ignite a new era of prosperity, innovation, and community revitalization across Maryland.
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Empowering Dreams, Fueling Prosperity
- Unlock $1.5 trillion in economic potential by 2028
- Cultivate a thriving ecosystem of Maryland-grown businesses
- Spark job creation in underserved communities
- Boost Maryland's tax base through entrepreneurial success
Breaking Barriers, Building Futures
- Champion diversity in entrepreneurship
- Provide vital resources to historically underrepresented founders
- Foster inclusive business cultures across Maryland
- Transform HUB Zones and Opportunity Zones into hubs of innovation
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Nurturing Innovation, Cultivating Success
- Offer transformative grants up to $400,000 for qualified incubators
- Provide cutting-edge training and mentorship opportunities
- Connect entrepreneurs with networks of industry experts
- Support a diverse range of business models, from startups to social enterprises
Revitalizing Communities, One Entrepreneur at a Time
- Invest in local economies to create lasting change
- Support neighborhood-based micro-incubation initiatives
- Build pathways to generational wealth through entrepreneurship
- Empower veterans and social innovators to lead community transformation
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Leading the Nation in Inclusive Economic Growth
- Position Maryland as a pioneer in equitable business development
- Create a model for nationwide inclusive economic policies
- Showcase Maryland's commitment to innovation and diversity
Ensuring Transparency and Continuous Improvement
- Implement rigorous annual reporting for accountability
- Engage community support through active participation
- Adapt and evolve based on real-world impact and feedback
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