MARBIDCO, the Maryland Agricultural Resource Based-Industry Development Corporation, is a quasi-public economic development organization headquartered in Annapolis. Their mission is to provide targeted financial and other services to support Maryland's small and family-owned farm, forestry, and seafood businesses, promoting rural entrepreneurship and ensuring the sustainability of the state's agricultural industries.
MARBIDCO offers a range of loan programs, including the Maryland Oyster Shucking House Loan Fund and the Maryland Livestock Processing Loan Fund, to help finance eligible projects and increase processing capacity. They prioritize the retention of existing resource-based industry production, the promotion of rural entrepreneurship, and the support of emerging agricultural enterprises, all while preserving Maryland's rural working landscape for future generations.
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