The Maryland Casino Business Investment Fund (MCBIF) is a financial assistance program that aims to support small, minority, women, and veteran-owned businesses in Maryland. It provides affordable and flexible financing options for working capital, equipment acquisition, real estate, business acquisitions, and more, with the goal of helping businesses create jobs, build wealth, and become sustainable economic engines in their communities.
MCBIF requires businesses to be located in Maryland to qualify, with 50% of the investment funds designated for businesses in specific zip codes surrounding the state's various casinos. The fund also offers assistance to businesses located anywhere in Maryland, and decisions regarding interest rates and fees are made by the fund's management.
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