The Cambridge Economic Development Department was established in 2007 to enhance economic opportunities for the city and its citizens. City staff is available to assist existing companies and entrepreneurs through the process of the expansion or startup of their business in Cambridge. This office is a conduit to the many business resources available at the state and federal levels.
This tip sheet provides questions and contacts to help businesses and entrepreneurs manage the city process with greater ease. 'Cambridge Business Development Guide'
The Small Business Development Center (SBDC) maintains a qualified counselor and office in Cambridge at the City Administration Building at 410 Academy Street. SBDC Eastern Region offers advice for small businesses throughout the Eastern Shore of Maryland.
New Business - SBDC specializes in business plan development.
Existing Business - SBDC provides business assessment to create the best action plan for growth.
Training Classes - SBDC offers a comprehensive education and training program presented by business leaders from many professional disciplines.
SBA MD Small Business Resource - This guide offers many resources and programs to help both entrepreneurs and expanding companies.
The Eastern Shore Entrepreneurship Center (ESEC) and Business Development Fund is a collaborative effort operating under the umbrella of the Mid-Shore Regional Council (MSRC) to encourage and stimulate small and mid-size business growth in Caroline, Dorchester, and Talbot counties.
Guided by venture capitalist consultants and top level business leaders from the community, the MSRC has established a revolving loan fund called the Mid-Shore Business Development Fund (MBDF) that provides equity financing for business start-up and expansion initiatives.