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- EIN 52-1810772
- (410) 222-7410
- 2660 Riva Rd Ste 200 Annapolis MD 21401-7179 USA
- www.aaedc.org
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Nonprofit Overview
Causes: Economic Development, Urban & Community Economic Development
Mission: To serve business needs and to increase anne arundel county economic base through job growth and investment.
Programs: Anne arundel economic development corporation serves as a manager of maryland small minority and women-owned business loan fund, which receives 1. 5% of video lottery terminal revenue from maryland casinos. Small and minority, women and veteran owned businesses located within 10 miles of any maryland's three casinos and those located elsewhere in the state may be eligible for loans of between $25,000 to $500,000 for purposes such as business and commercial real estate acquisition and expansion, leasehold improvements, equipment and vehicle purchase, and working capital.
the aaedc financial services llc provides loans to businesses located in or relocating to, anne arundel county, maryland. The program is for the purpose of encouraging business development within the county.
the chesapeake innovation center llc is a business incubator that serves as a hub of technology commercialization, with a focus on homeland security, communications and information technology sectors and generates new business formation in anne arundel county, maryland.