Government Grants
Business Grants
Home Owner Programs
Federal Programs
About Us
Urban Research Park CDE, LLC
Hunt Valley MDCDFI Awards for Urban Research Park CDE, LLC
NMTC (2009) - $30,000,000
Urban Research Park CDE, LLC (URP) provides flexible financial products to catalytic educational, medical, industrial and technical research center real estate projects in highly distressed low-income communities throughout the nation. URP also provides financial support to local non-profit partners to ensure that the benefits of the real estate investments flow to low-income community residents through job-training programs, job placement programs, business capacity building programs, and other direct support programs. URP provides equity, equity-equivalent loans and convertible debt with a wide range of flexible features, including below-market interest rates.
NMTC (2007) - $60,000,000
Urban Research Park CDE, LLC (URP) will fund the development of industrial parks in rural areas and research parks in urban areas. These “Activity Centers” will be located near a center of knowledge or excellence, and will attract similar purpose organizations that can directly benefit from their proximity to one another through the transfer of knowledge, sharing of common facilities and by lowering their overall cost of production. The URP will provide equity investments and deeply discounted subordinated debt products to leverage additional financing into these projects. It will also provide grants to local nonprofits to undertake programs designed to meet the needs of the low-income communities.
NMTC (2006) - $50,000,000
Urban Research Park CDE (URP) will develop research parks in distressed communities near Centers of Knowledge (universities, colleges, hospitals, medical schools, and research parks). The research parks focus on the development of cutting edge technologies, new business accelerators and company incubators in the fields of biotechnology, nanotechnology, molecular research and information technology. NMTCs will allow URP to provide debt and equity products with flexible, below market terms that benefit the research park’s tenants, the project itself, and the surrounding community. The URP will also provide grants to local non-profits who will be responsible for undertaking programs designed to meet the needs of that particular community while maximizing the catalytic effects of the research park.
Other Community Development Financial Institutions in Maryland
Advance Bank
Baltimore
Baltimore Community Lending, Inc.
Baltimore
CDF Development, LLC
Baltimore
Charter Facilities Funding, LLC
Clarksville
Community Development Ventures, Inc.
Baltimore
Development Credit Fund, Inc. (DCF)
Baltimore
ESIC New Markets Partners, LP
Columbia
Faith Fund, Inc.
Baltimore
First Combined Community Federal Credit Union
UPPER MARLBORO
Harbor Bankshares Corporation
Baltimore
Maryland Capital Enterprises, Inc.
Salisbury
McAuley Institute
Silver Spring
Mid-City Community CDE, LLC
Bethesda
Native American Capital, LP (NAC)
Silver Spring
Urban Research Park CDE, LLC
Hunt Valley
Featured Government Grant Resources
Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.
Getting Money to Start a New Business
Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...
Social Entrepreneurship
Spotlight
Childcare Charitable Group Named Top Social Enterprise
Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”
