Baltimore County's economy is booming.
We have the tools you need.
The Baltimore County Boost Fund is offering flexible loans from $50,000 to $250,000 that can be used for: capital towards the acquisition of business assets, leasehold improvements, and even working capital. If you fit into one of the following categories, then this loan program is for you!
- Small Business (SME)
- Minority-owned businesses
- Women-owned businesses
- Veteran-owned businesses
The Boost Fund has approved over $1.4 M
in loans to key job-creating industries.
Amethyst Technologies: What does Baltimore County and fighting Ebola have in common?
What does fighting Ebola and Baltimore County have in common? Back in 2006 Kimberly Brown founded Amethyst Technologies, LLC, a company that provides technical assistance for quality assurance and compliance to US and international standards for laboratories. Working from Baltimore County’s bwtech@UMBC incubator in Catonsville, access to the university’s robust network of researchers and clients has helped her company land a prime contract with the U.S. government. Kimberly saw an opportunity to take it to the next level with a Boost Fund loan. The company plans to hire 20 more employees, allowing Kimberly to take on more missions like helping fight Ebola in Africa.
Michele’s Granola: When 8,000 lbs a week isn't enough
Beginning in 2006 as a one-woman farmers market show, Michele developed a love for healthy snacks into a thriving business. Michele’s Granola now produces 8,000 pounds of granola each week, distributed to over 250 natural foods retailers, grocery stores, specialty markets and food service facilities. What’s more amazing is that the company grew its national presence in extremely limited space. Baltimore County’s Boost Fund provided Michele with the capital to expand to a state of the art facility in Timonium. The loan will allow her to increase her full time staff, ensuring she has the personnel to keep up with the demand for high quality, healthy hand crafted granola.
BD Diagnostics: Hiring that helps people live healthy lives
BD Diagnostics is a global medical device company that works to let all people live healthy lives. From their Hunt Valley and Sparks location there are 1600 employees, with a full spectrum of skill sets ranging from entry level jobs to clean manufacturing and cutting edge research. Baltimore County’s career centers conducted customized outreach and pre-screening for BD Diagnostics, which ensured highly qualified candidates for recruitment. BD Diagnostics has been a returning company over the last two years and has hired more than 10 associates through the County.
Toyota Financial Services: A local commitment has a national impact
Toyota Financial Services is one of the leading financial services organizations in the U.S. Located in Owings Mills, the company’s Eastern Service Center employs 375 associates and business-partners and is one of three national locations. Toyota Financial Services commitment to the community is not only seen in local hiring efforts, but also in volunteerism and partnerships with local and national non-profits such as participating in blood drives, Lupus Walks, being mentors for at-risk youths and distributing food for the homeless. What has been critical in their success to hire local is connecting with a skilled talent base. Baltimore County has stepped up to make that process easier by offering pre-screening and organizing customized onsite recruitments to match skilled people with job opportunities.
Honey Biscuits: Baking success into Woodlawn
Honey Biscuits, located in Woodlawn, grew from a tasting party in the Sprigg's home kitchen to fulfilling orders for hundreds out of their own state of the art, full service catering operation. Owners Cliff and Tracie Spriggs always had a passion for cooking but needed help turning it into a profitable business. Baltimore County’s Small Business Resource Center helped the Spriggs develop a business plan while putting the necessary knowledge and tools at their fingertips to make it happen. Beyond Honey Biscuits, the Spriggs have been able to create a shared kitchen space that startups can rent, allowing a foot in the door without the overhead of leasing a kitchen full time.
DuClaw Brewing Company: There's always room for beer
Dave Benfield has been brewing beer since college, with a never ending mission to “make it cool.” DuClaw’s first brew was the Mad Bull Marzen back in 1996. Today, DuClaw brews more than 35 unique beers and operates several restaurants. When Duclaw outgrew its original facilities, Baltimore County helped them relocate and build-out a state of the art facility in Rosedale where they produce some of the State’s finest microbeers.