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William H. Cole IV
New BDC plan calls for more small-business incentives
New BDC plan calls for more small-business incentives

New Baltimore Development Corp. president William H. Cole IV wants to increase incentives for small and midsize businesses by $4 million annually, boost small city loans for start-up firms by $500,000, and attract 13 international companies to the city. Those are among the goals laid out in a 54-page economic development strategy plan released Tuesday. The city paid two contractors $160,000 to help develop the plan, which incorporated ideas from interviews with more than 200 local leaders in the business, nonprofit and government sectors, and five community meetings, the city said. "Keeping businesses here in Baltimore and helping them grow will continue to be our top...

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