Microloan Program for Entrepreneurs Proposed

Microloan Program for Entrepreneurs Proposed

Bethesda Magazine published a new article about a proposal by Councilmembers Berliner, Navarro and Hucker to help entrepreneurs access capital by means of the simple microloan service they can apply today.


“In a letter to colleagues, Berliner and council members Nancy Navarro and Tom Hucker said the microloan program would be run through the county’s Workforce Development Corp., and loans would be limited to Montgomery County residents. Recipients would be required to receive business education and technical assistance.”

“We believe,” Berliner, Navarro and Hucker wrote, “our county can and should play a more direct and aggressive role in bridging those gaps in order to ensure they have every opportunity to succeed and prosper.”

Read the full article here.

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