Don’t miss Trey Mancini and Joey Rickard guest bartend at the first Brews & O’s event June 10th. Get your tickets today!

Funding program starts aimed at African American startups

The Maryland Technology Development Corp. and a division of one the state's biggest minority-owned banks are teaming up to start a program aimed at providing early funding to African-American startups.

TEDCO and the Harbor Bank of Maryland Community Development Corp. announced the Minority Business Pre-Seed Fund on Tuesday. The pilot program is expected to provide 10 African-American tech entrepreneurs with up to $40,000 each to put toward the launch of their businesses. TEDCO and Harbor Bank will each put in half.

TEDCO plans to start accepting applications March 1.

Copyright © 2019, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad