Working with state and federal economic development partners, business owners on Maryland’s Coast have access to targeted incentive programs to start or expand in Worcester County. From farming and fishing to manufacturing, cybersecurity and the arts, these programs incentivize job creation, innovation and expansion. You can download a printable PDF of resources here.
As home to Ocean Downs – Delmarva’s only casino – small businesses on Maryland’s Coast can tap the VLT Fund. The program uses slot machine proceeds to assist small, minority, and women owned businesses in areas near Maryland casinos.
Maryland provides a $3,000 tax credit per eligible job, and $5,000 if in a revitalization area, for businesses that create new jobs to encourage businesses expanding or relocating to Maryland.