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.
Cambridge Economic Development: 410-221-6074
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 region.
New Business - SBDC specializes in business plan development
Existing Business - business assessment to create the best action plan for growth
Training Classes - SBDC offers a comprehensive education and training program presented by local business leaders from many professional disciplines
Cambridge SBDC Office: 410-228-3715
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 to business start-up and expansion initiatives.The application process was simplified for ease of use.
ESEC: 410-770-9330