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Snow Hill Maryland
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      • 2020 Meeting Minutes
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Start a Business

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Loan Programs
Town of Snow Hill Business Loan
  • Up to $20,000 at 3% interest rate with matching collateral. 
  • Application
VLT Loan Program
  • $25,000-$500,000 priced below current market interest rates
  • http://commerce.maryland.gov/fund/programs-for-businesses/vlt
Maryland Capital Enterprise Fund
  • Start-Up Loans- $5,000-$50,000, up to 10 years, 5% to 12% interest
  • Expansion Loans- $5,000- $150,000, up to 10 years, 5% to 12% interest
  • https://www.marylandcapital.org/services/business-loans
Neighborhood BusinessWorks Loans
  • https://dhcd.maryland.gov/Business/Pages/NBW.aspx

Grant Programs
  • Rehab Grants for Commercial Building Improvement
  • Community Legacy Grant Application

​Tax Credits
Enterprise Zone
  • Tax benefits to those commercial properties located in this zone
  • http://commerce.maryland.gov/fund/programs-for-businesses/enterprise-zone-tax-credit
Arts & Entertainment District
  • Tax benefits to those commercial properties located in this zone
  • https://www.msac.org/node/62709
Maryland Historic Trust
  • Tax Credit Program
  • https://mht.maryland.gov/taxcredits_small_commercial.shtml
Maryland Opportunity Zone
  • New investments, under certain conditions, may be eligible for preferential tax treatment. For investors seeking capital.
  • https://dhcd.maryland.gov/Pages/OpportunityZones.aspx

​Additional Opportunities

Maryland Small Business Development Center
  • Assistance provided Tues. and Wed. from 9am-12pm at Worcester County Economic Development office
  • Contact Tim Sherman at 410-548-4505 to schedule an appointment
  • http://www.mdsbdc.umd.edu/locations/eastern-region
Shore Hatchery Competition at Salisbury University
  • An annual event to reward individuals for their entrepreneurial efforts in the creation and growth of businesses with the potential of positively impacting regional employment
  • https://www.salisbury.edu/academic-offices/business/shore-hatchery/index.aspx
Contact the Town of Snow Hill at 410-632-2080 for unique opportunities and additional information.





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103 Bank Street
Snow Hill, Maryland
21863

410-632-2080

  • Home
  • COVID-19
    • Covid-19 Information for Residents
    • COVID-19 Information for Businesses
  • Government
    • Code & Compliance
    • Forms & Permits >
      • Permits & Applications
      • Rental Contracts
    • Main Street >
      • Main Street Website
      • Design Committee
      • Economic Vitality Committee
      • Organization Committee
      • Promotion Committee
    • Mayor & Council >
      • Request for Proposal (RFP)
    • Town Meetings >
      • 2020 Meeting Minutes
      • 2019 Meeting Minutes
    • Political Mapping
    • Town Departments >
      • Employment
      • Fire Department
      • Police Department
      • Public Works
      • Town Hall
      • Wastewater Treatment
      • Other
    • Plans & Ordinances >
      • Historic District Guidelines
      • Strategic Revitalization Plan
      • Sturgis Master Plan
      • 2017 Tourism Assessment
  • Find an Adventure
    • Accommodations
    • Bars & Restaurants
    • By Season
    • Events
    • Photo Galleries
  • For Residents
    • News
    • Online Payments
    • Sign Up for eNews
    • Holiday Closings & Trash Schedule 2020
  • Businesses
    • Start a Business
  • Maps
  • Contact