Special Assistance for Local Entrepreneurship (S.A.L.E.) Program: Invest Local and Create Jobs!
County Support for Locally Owned and Operated Businesses – Special Assistance for Local Entrepreneurship (S.A.L.E.) Program
From FSC First: “The Special Assistance for Local Entrepreneurship (SALE) Program is a component of the Economic Development Incentive Fund (EDIF) available to established businesses throughout Prince George’s County in an effort to broaden the region’s tax base. Council Bill 78-2013 established the Special Assistance for Entrepreneurship Program … to insure financial assistance is available to expand entrepreneurship opportunities for County residents who own businesses based in the County. The purpose of the S.A.L.E. program is to (i) stimulate small business development and local business ownership by County residents, (ii) provide county residents who own businesses based in the County with access to flexible financing for small business start-up and expansion, in a geographically equitable manner, throughout the County and (iii) to maximize the award of S.A.L.E. funds to local minority (or woman-owned) business enterprises (“LMBEs”) to the extent possible.
For more info and to apply for funding from the S.A.L.E. program, go here:https://fscfirst.com/programs/special-assistance-for-local-entrepreneurship-fund/
Copy of Council Bill 78-2013, which established the S.A.L.E. program: https://princegeorgescountymd.legistar.com/View.ashx?M=F&ID=4034583&GUID=4B352E7C-7391-4DEF-B15F-42B42CB1053C
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