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SMALL BUSINESS INVESTMENT COMPANIES HAVE INVESTED MORE THAN $538 MILLION IN MARYLAND OVER THE LAST 5 YEARS.

Small Business Investment Company Impact in Maryland

  • SBICs have invested in 77 small businesses in Maryland since 2018.
  • SBICs have invested $538.2 million in Maryland small businesses since 2018, with $144 million invested in FY 2022 alone.
  • Maryland businesses that received financing from SBICs in 2022 supported 2,366 employees.

A sampling of the Maryland-based companies that have received SBIC financing:

DTLR, Inc. (Hanover)

DTLR has been a leading retailer in the Urban Fashion industry for over 20 years. DTLR retails urban footwear, apparel, and music and currently operates in six regions throughout the East coast and Mid-West.

  •  SBIC Investment: $11,960,441