Volt Fund
Fuel Your Business Growth with the VOLT Fund
Flexible, growth-focused loans for small, minority-owned, woman-owned, and Veteran-owned businesses across Maryland. Access $25,000–$500,000 to support startups, expansion, equipment purchases, real estate, or working capital.
Ideal For: Small and minority-owned, women-owned, and Veteran-owned businesses in Maryland looking to start, grow, or expand operations.
Loan Amount: $25,000 – $500,000
Use Of Funds: Business and commercial real estate acquisition, expansion, leasehold improvements, equipment purchases, and working capital available at below market interest rates.
VOLT Fund at a Glance
$25M+
invested by AAEDC
200+
businesses funded through the VOLT Fund
13
years as a VOLT Lender
Overview & Benefits
The VOLT Fund provides loans for small, minority-owned, woman-owned, and Veteran-owned businesses in Maryland. Loan amounts range from $25,000 to $500,000 and may be used for business expansion, commercial real estate, equipment, leasehold improvements, or working capital.
Managed by the Anne Arundel Economic Development Corporation on behalf of the Maryland Department of Commerce, the VOLT Fund is designed to help businesses grow, create jobs, and strengthen communities across the state.
- Competitive interest rates: Priced at or below current market rates
- Broad eligibility: Available to start-ups and existing small businesses
- Flexible use of funds: Real estate, equipment, leasehold improvements, working capital, and more
- Professional support: Loan settlement facilitated by AAEDC staff or experienced outside attorneys
- Ongoing guidance: Post-closing monitoring, servicing, and support from AAEDC’s financial services team
Loan Requirements
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FAQ
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VOLT Fund
“Without our VOLT loan, I don’t know that we would have a business. It allowed us to purchase the equipment we needed and implement our marketing campaign, and I’m happy to report that we turned our first profit just four months after receiving it. THANK YOU!”
Michael Calabrese
Chesapeake Tram & Waterfront Services
Ready to Take the Next Step?
Don’t wait to grow your business. The VOLT Fund could be your next step toward expansion, innovation, and hiring.
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