MCE Donates $5,000 to the 2016 Bernstein Competition at Salisbury University

Neuro Helmets team

Neuro Helmets product display

2016 marks the 30th anniversary of the Entrepreneurship Competition named after local entrepreneur Richard Bernstein. George Koste, Executive Director of MCE was one of this year’s judges for the competition.

MCE awarded the second place winner, Neuro Helmet Systems, with $5,000. Their business plan is to develop and market high-end, high-tech motorcycle helmets.

MCE Lends Over a Half Million Dollars To Women-owned Businesses

The new MCE Women-Owned Business Loan (WOBL) Fund has loaned over $500,000 to businesses owned by women on The Eastern Shore and in the Annapolis-Baltimore area since its founding. Launched last August by Salisbury-based Maryland Capital Enterprises, Inc. (MCE), the fund makes small business loans $5,000 - $150,000 to businesses owned by women in the target area and provides them technical assistance through the MCE Women’s Business Center (WBC) with offices in Salisbury and Baltimore.

The WOBL Fund and WBC are a part of MCE’s effort to assist the fastest growing segment of business owners – women. The advisory boards are co-chaired by two prominent women entrepreneurs. They are Dr. Maya Rockeymoore Cummings, principal of Global Policy Solutions and wife of US Congressman Elijah Cummings (D, MD) and Mitzi Perdue, Perdue family matriarch.

The Fund was started with a $500,000 allocation from MCE, which has increased to $750,000. With the success of the effort, more funding is being sought.

“We saw a need from the number of women that were approaching MCE,” said MCE President/CEO Joe Morse. “We decided to focus a part of our operation on addressing this need and were able to secure some funding from the Treasury Department and the Small Business Administration.”

Businesses assisted by the Fund include beauty salons, day care centers, retail stores, professional consultants, insurance agencies and health care professionals.

Jennifer Currie is the project director of the MCE Women’s Business Center. She is the one for women to contact for assistance. Call 410-546-1900 or email

MCE is a $5K sponsor of The Bernstein Competition at Salisbury University

The Bernstein Competition is held at Salisbury University every year to allow students that are aspiring entrepreneurs an opportunity to not only present their business idea, but also compete for actual prize money and technical assistance. MCE’s President & CEO Joseph Morse, had an opportunity to be one of the judges of the competition. He said “It’s wonderful and exciting to be able to be a part of such a unique & inspiring competition!” “It not only gives contestants a chance to win money, but also gives them a chance to get valuable feedback from successful businessmen in this area.” Morse added “After talking with the contestants, this means more than the cash prize.”

MCE awarded the second place winners, The Werk LLC Team, of the competition $1,500.00 in cash and an additional $3,500.00 worth of free business consulting, as well as a membership to The Werk LLC Team is made up of freshman Aaron Wall, Kyle Cooper, Peter Baum and Matthew Lange.

MCE, which stands for Maryland Capital Enterprises is a nonprofit based in Salisbury. Their mission is to assist entrepreneurs that are getting started in business or help existing small businesses expand. MCE does this by providing various free services such as business consulting, one on one mentoring, and free training classes. They also do micro and small business loans. With their home office in Salisbury and a second location in Baltimore, MCE services all of the Eastern Shore of Maryland, Anne Arundel County, Baltimore City and Baltimore County.

Baltimore Women's Business Center Expands

The Baltimore area Women’s Business Center has expanded and relocated from 1800 N. Charles Baltimore to 333 N. Charles St. in the historic Baltimore Women's Industrial Exchange building.

Operated by MCE (Maryland Capital Enterprises, Inc.), the center is designed to assist businesswomen in starting and expanding small businesses in Baltimore City, and both Baltimore and Anne Arundel Counties.

It offers business education, consulting, one-on-one mentoring and micro- and small business loans to women entrepreneurs. Counselors assess the client’s needs and work with them to develop a business plan and secure the assistance they need for free. The Women’s Business Center also provides free training in a variety of courses including: First Steps of Starting Your Own Business, Business Plan Development, Marketing, Social Media, QuickBooks, How to Balance Work and Family Life and more. In addition to these free services, MCE’s Women-Owned Business Loan Fund offers loan products to assist businesses owned by women.

Please visit our website at or contact Bonnie Barresi at 410-776-8907/her email for more information.

The MCE Women’s Business Center is funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Women's Business Conference

MCE Awarded a $50,000 USDA Grant to Assist Rural Businesses

MCE has been awarded a $50,000 grant the U.S. Department of Agriculture through its RBEG (Rural Business Enterprises Grant) program to assist micro-businesses on Maryland’s Eastern Shore to grow into sizable businesses generating employment opportunities. MCE (Maryland Capital Enterprises, Inc.) will use the grant to support its Incubator Without Walls (IWW) project that provides technical assistance and support to some 20 businesses that it has identified as ones poised to grow to the next level and help the area’s economy grow. The project was launched last year with funding from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund.

MCE’s IWW project assists businesses like Paula Green & Associates H&R Block franchise in Princess Anne expand to add three offices in Eastern Shore Virginia; like Burley Oak Brewery in Berlin to expand to bottled beer, increasing its capacity and serving a larger geographic area; like Kent Island Crab Cakes on Kent Island to expand its production and upgrade its website to grow its online sales to nation-wide; and like BDK, Inc. Internet technology company to expand from its home-based operation in Hurlock to offices in an Easton office park, acquire a New Jersey firm, launch its cloud storage operation, and more than triple its employees.

“We have discovered that several businesses that come to us for financing to expand need all sorts of other assistance to make the expansion successful,” said MCE President & CEO Joe Morse. “We were fortunate to convince a couple of funding agencies of that and how MCE could help.” MCE is still seeking to expand the project.

MCE is a non-profit micro-business finance and assistance agency that provides loans and assistance to small businesses on Maryland’s Eastern Shore and in the Baltimore-Annapolis area. Based in Salisbury, with an office in Baltimore, the firm is certified by the U.S. Dept. of the Treasury as a Community Development Financial Institution. It is also certified as an Intermediary Microlender for the Small Business Administration, the U.S. Dept. of Agriculture, and the State of Maryland. Along with the IWW project it operates Women’s Business Centers in Salisbury and Baltimore, conducts business classes, provides business consulting, and manages a loan portfolio of over $4 million. For more information, visit:

MCE awarded $1 million to help small business

Maryland Capital Enterprises Inc. (MCE),was awarded $1 million from revenues generated by the state’s three casinos on April 17, 2013 when the Board of Public Works approved the recommendation from the Maryland Department of Business and Economic Development (DBED). MCE will use the funding to provide loans to Small, Minority and Women-Owned Businesses located in Maryland’s Eastern Shore, Baltimore City and Baltimore and Anne Arundel Counties. Priority will be given to businesses located within a ten mile radius of the casinos at Ocean Downs in Berlin and Maryland Live in Arundel Mills that lay within the target area. The contract is to begin May 1, 2013.

The Maryland State legislation that authorized casinos to operate in the state included a requirement that 1.5 percent of video lottery terminal revenue generated be allocated to help Small, Minority and Women-Owned Businesses in the State. DBED set up the grant program and award the management of the funds to loan fund managers who competed for the award. MCE won a five-year contract to manage $1 million which is renewable at the end of five years.

“Small businesses are the engine that drives Maryland’s economy and we are delighted to have these additional resources to support their growth and job creation in Maryland,” said DBED Secretary Dominick Murray. “We look forward to working with great partners like …Maryland Capital Enterprises … to deploy these funds where they are needed most.”

“MCE is pleased to be chosen,” said Hayley Gallagher, Executive Director of Maryland Capital Enterprises. “This funding will significantly increase our ability to help businesses in the Baltimore and Eastern Shore areas.”

MCE is a non-profit micro-business finance and assistance agency formed in 1998 that provides loans, education, and assistance to small businesses on Maryland’s Eastern Shore and provides loans to small businesses in the Baltimore – Annapolis area. Based in Salisbury with an office in Baltimore, the firm is certified by the US Treasury Dept. as a Community Development Financial Institution. It is also certified as an Intermediary Micro-lender for the Small Business Administration, the US Dept. of Agriculture, and the State of Maryland. It has made nearly $3.2 million in loans to small businesses on the Shore.

For more information or to inquire about a small business loan contact MCE at 410-546-1900 or email To find out more about Maryland Capital’s loan programs visit their website

MCE supports Entrepreneurship Retreat for UMES business students

27 UMES students got treated to an entrepreneurial experience of their lives when they traveled to Georgia on April 17, 2013 with the support of MCE and First Shore Federal Bank. The students spent 3 days and 2 nights at The Allen Entrepreneurial Institute International (AEII) in Lithonia, Georgia learning from prominent African American business owners, attorneys and community leaders. The AEII gave UMES fellowships for the students and MCE was joined by First Shore Federal to help UMES pay for the travel and send three chaperones.

The students made the 13 hour trip to visit and learn from prominent African-American Entrepreneur Lecester Bill Allen, who has dedicated his time, money and resources to found AEII for educating African American students from Historically Black Colleges and Universities (HBCU’s) around the country, about the possibilities of entrepreneurship and refocusing the mind-set of young people to strategically plan their lives. During their stay, the students experienced leadership lectures from, former COO of Popeye’s Chicken, an Acquisition Attorney, Paschal’s Restaurant Manager and a young African American television producer that has worked with ESPN, the NFL, the NBA and MMA Fighting. Students were also introduced to principles and techniques of fine dining. They were treated to a bus tour of Downtown Atlanta, The Martin Luther King Jr. Center for Nonviolent Social Change, and an upscale luxury African American owned, African American built sub division.

The Allen Entrepreneurial Institute International (AEII) sits on 140 acres of a secure pristine natural resources complimented by lavish and expansive facilities, in Lithonia, Georgia. The unique dormitory setting includes state-of-the art classrooms, indoor swimming pool, outdoor lap pool, movie theatres, walking trails, several lakes, and a Beach house for traditional outdoor camp activities and picnics.

The trip concluded with a business dinner in Miss Rebecca’s House, a 40 room mansion Mr. Allen built in honor of his mother. Miss Rebecca’s House is highlighted with 14-carat gold leaf ceiling, 19 master bedrooms, 28 bathrooms, 5 kitchens, 2 elevators and a 100 seat theater. Miss Rebecca’s House has a Great Room that has hand painted portraits in the ceiling highlighting Mr. Allen hero’s which include, Mary McCloud Bethune, Reginald F. Lewis and Rosa Parks. The students truly enjoyed the experience and have adopted Mr. Allen’s philosophy, “Exposures Expands Expectations”.

MCE trip to UMES

Front row, Left to Right: AEII staff members Jeff Carter, Chief), Mr. Mike, & Mrs. Sheryl; Marcellus Connor (UMES chaperone), Lecester Bill Allen (Owner & Founder of AEII), Miss M. (Director of AEII), Rhett Burden (UMES chaperone), & AEII staff members Miss. Paris, Miss Nadia, & Mr. Whoo.

A successful 2012 for MCE Helping to create jobs on the shore

"If just one in three micro businesses hired an additional employee, the US would be at full employment."

This was the powerful message delivered at the Association for Enterprise Opportunity (AEO) Conference this year. If this economy is going to turn around, it's going to happen on Main Street.

MCE has been committed to helping grow these businesses since 1998 and we are proud of the success we've had to date.

Looking back on 2012, our focus continued to be on "micro" or very small businesses, which make up more than 80 percent of all businesses. In 2012, MCE assisted 14 businesses with working capital by providing them with a micro loan. Those businesses then created 73 new jobs on the Eastern Shore.

MCE helped to create on average 5 jobs per one assisted business in its service area - Worcester, Wicomico, Somerset, Dorchester, Caroline, Kent, and Talbot counties.

"MCE can make all the difference on whether a business gets off the ground, and we are proud of how many businesses we were able to help last year, " said MCE Executive Director Hayley Gallagher.

Most micro businesses don't have a marketing department, an HR team, and a full staff to handle all their operations. Most entrepreneurs are craving guidance, and MCE has always been there to help.

MCE staff members spent 840 hours in 2012 (about 16 hours per week) consulting businesses on their business ideas, day-to-day operations, marketing strategy, and staffing issues. MCE also helped new businesses choose the right business structure, develop estimated cash flows, compile spreadsheets and much, much more.

577 individuals (or 11 people per week) went through specialized business trainings in 2012. MCE hosts trainings and workshops to educate the business community about running a successful business.

We provide courses in different categories - starting a business, business planning, understanding finances, marketing, social media, and more. The most popular workshops are "Shore Venture", "MBE Certification" and "Obtain a Home Improvement License".

No matter where you are on the path to entrepreneurship, MCE has all the resources you need to be successful. To learn more about MCE, visit our website or call 410-546-1900. It is our mission to empower businesses to grow!

Three new businesses come to Eastern Shore thanks to business plan competitions

EASTON, MD – A recent Harvard Business Review blog described “action” as what differentiates an entrepreneur from an inventor. Three Maryland entrepreneurs were recently awarded a total of $35,000 to turn their innovations into business enterprises on Maryland’s Eastern Shore. The startup cash and services were awarded through the inaugural Eastern Shore Business Plan Competition, presented by the Eastern Shore Entrepreneurship Center (ESEC) of Easton, Md., and Maryland Capital Enterprises (MCE) of Salisbury, Md. The winners were announced at the Dorchester County Economic Development Technology Summit.

The winners are:

  • First place, receiving $20,000 in cash and services: Triea Systems, LLC of Bethesda, Md.
  • Second place, receiving $10,000 in cash and services: Allegiance NanoSolutions of Baltimore, Md.
  • Third place, receiving $5,000 in cash and services: Maryland Mycology of Easton, Md.
  • Other finalists honored were: Cascade Biotherapeutics of Washington, D.C., and Innovative Bios of Baltimore. Md., who both received $1,000.

As the top winner, Triea Systems LLC is eligible to compete as a semi-finalist in the General Category of the InvestMaryland Challenge, vying for a top prize of $100,000. “We had a great response in this first year of the business plan competition,” says Mike Thielke, executive director of the Eastern Shore Entrepreneurship Center (ESEC). “The quality of the applicant ideas was incredible. To be able to help bring these ideas into fruition has been rewarding, and is at the heart of what ESEC is all about,” he adds.

“I was excited by the response to this opportunity to attract business growth on the Shore,” said MCE Executive Director Hayley Gallagher. “It was also exciting to have the support of top businessmen like Dick Bernstein and DEBED Secretary Christian Johansson who were among the judges.”

Registration for the 2013 business plan competition will open in the fall of 2013. For more information, contact Mike Thielke at (410) 770-9330, or visit

The award winners

Triea Systems, LLC has developed the technology to capture wasted heat and transfer it to a proprietary heat exchanger to dramatically reduce energy costs. The first Eastern Shore application for the technology will be with poultry growers (chicken farms) using composting poultry litter as the heat source. Future prospects include dairy farmers and nurseries that operate greenhouses.

The Triea Systems heat exchangers absorb the heat and transfer it, permitting the heat to be pumped into the poultry houses through air handlers. With this exclusive system, a poultry house should have little if any need to burn propane.

“This exclusive system does not change the original physical characteristics of the heat source, “ says Matt McDaniel, Triea Systems director, Poultry Division. “The poultry litter can be spread on farmers’ fields or sold to others as fertilizer so they effectively monetize the value of the litter twice,” he adds.

Current data collected by a pilot site in West Virginia reported a 65 to 75% reduction in heating costs yet leadership at Triea Systems feel that they can do even better. The startup cash from the business plan competition will be used to fabricate an even more efficient heat exchanger at a manufacturing plant which will open in Salisbury, Md. “Our motto is prove it, then improve it,” says Jim O’Brien, president of Triea Systems. O’Brien developed the concept for the heat exchanger by taking existing technology from alternative energy sources like geothermal and solar power to create a more affordable option that could pay for itself in a shorter timeframe.

For the second place winner Allegiance NanoSolutions of Baltimore, the technology developed in their project was born out of identifying a void in the market for apparels that are water repellent, anti-microbial, stain resistant and at the same time, are breathable. Company co-founders Trupti Dhami, Ph.D., and Hemil Dhami, Ph.D., are avid runners and enjoy outdoor activities such as hiking and camping. They found their quest to explore the outdoors cut short by inclement weather conditions several times. To overcome this, they had to compromise with either going for a hard-shell waterproof apparel or soft-shell, breathable, less waterproof apparels. They recognized a need for a water resistance technology that would allow the fabric to breathe, is lightweight, transparent and durable.

In last two years, Allegiance NanoSolutions developed a proprietary and innovative nanotechnology-based super hydrophobic (SH) coating that offers water repellent, anti-icing, anti-fouling and self-cleaning properties. Allegiance NanoSolutions is currently field-testing their product on sports apparel and military gear, and going forward, intent to introduce this technology in the medical and chemical industries.

Prize winnings from the business plan competition will be used to support ongoing and further field trials of the product. In 2013, Allegiance NanoSolutions plans to successfully complete the field-testing and open a commercial nanotechnology-based coating manufacturing facility on the Eastern Shore. “The business plan competition was an exciting and challenging experience,” says Hemil. “The entire process was a positive one in many ways. It was an upliftment that exposed us to other parts of Maryland, and we met people who we can work with as we begin our work on the Eastern Shore,” he adds.

Third place winner Ian Stenzel was in college when the idea for his business developed. “I was studying philosophy and other subjects, and was thinking about how I could make my mark by making a difference,” he says. Interestingly enough the Easton business Maryland Mycology is not simply an agribusiness focused on the local production and sale of gourmet and exotic mushrooms.

“It's not like I dreamed of mushroom farming as a kid, it's just something that evolved from my desire to help. The dream is to use Maryland Mycology as a launching platform for all sorts of projects to help the environment and the economy,” says Stenzel. “Mushrooms are an oddly under-utilized plant. One of the many things I’d like to study is the impact that mushrooms can have as natural biological filter for farm run-off. If there is a problem, odds are, nature already has a solution. There's no need to go through the trouble and expense of altering something that wasn't originally intended for purposes such as oil clean-up, when there already exists organisms in nature that perform these functions.” he adds.

Stenzel will use his prize winnings to purchase laboratory equipment and new cultures of mushrooms. He is currently looking for warehouse space on the Eastern Shore so that he can harvest in larger quantities and expand his research. Stenzel harvested his first several pounds of mushrooms at the end of November.

The Sponsors

Founded in 2006, the Eastern Shore Entrepreneurship Center works to develop and enhance an entrepreneurial ecosystem on Maryland’s Eastern Shore. ESEC provides training, services and programs to help business owners and entrepreneurs succeed by creating greater access to capital, and offering programs that develop entrepreneurial skills and knowledge. Included are ShoreVenture, a comprehensive 10-week entrepreneur-training program, annual business plan and student plan competitions, and an annual entrepreneur conference.

In 2012, ESEC launched “hotDesks,” providing co-working spaces for independent professionals. The first location opened in Salisbury with a second location to be announced on the Eastern Shore. For more information on the business plan competition or ESEC, call (410) 770-9330 or visit

Maryland Capital Enterprises (MCE) is a private, non-profit microenterprise development organization based in Salisbury that has been serving the Eastern Shore of Maryland since 1998. It provides business consulting, training, and loans to assist small businesses. It is certified by the US Treasury Department as a Community Development Financial Institution and acts as a micro-lending intermediary fir the SBA, USDA, and the State of Maryland. Last year, MCE expanded its service area to include providing small business loans in the Baltimore – Annapolis area and opened an office in Baltimore. For additional information regarding our small business loan program contact us at 410-546-1900 or visit


Arthur S. Lazerow, second from left, board chairman, Triea Systems LLC, and Matt McDaniel, second from right, director, Poultry Division, Triea Systems LLC, receive the commemorative check after being named first place winners in the inaugural Eastern Shore Business Plan Competition, presented by the Eastern Shore Entrepreneurship Center (ESEC) of Easton, Md., and Maryland Capital Enterprises (MCE) of Salisbury, Md. Joining them are Mike Thielke, left, executive director of ESEC, and Hayley Gallagher, executive director of MCE, right.


Allegiance NanoSolutions co-founders Hemil Dhami, Ph.D., right, and Trupti Dhami, Ph.D., second from right, will use their business plan prize winnings to bring an innovative nanotechnology based superhydrophobic coating to market. Presenting the commemorative check are Mike Thielke, left, executive director of ESEC, and Hayley Gallagher, executive director of MCE, second from left.

Maryland Mycology

Ian Stenzel, center, founder of Maryland Mycology, accepts his third place check at the inaugural Eastern Shore Business Plan Competition, presented by the Eastern Shore Entrepreneurship Center (ESEC) of Easton, Md., and Maryland Capital Enterprises (MCE) of Salisbury, Md. The announcement was made at the Dorchester County Economic Development Technology Summit. Joining him are Mike Thielke, left, executive director of ESEC, and Hayley Gallagher, executive director of MCE, right.

Eastern Shore Business Plan Competition. $35,000 in cash & services to be awarded


Do you have a new business startup in mind? Are you an early-stage company that needs additional funding? Do you plan to create jobs on the Eastern Shore?

Eastern Shore Entrepreneurship Center (ESEC) and Maryland Capital Enterprises (MCE) are excited to launch the Eastern Shore Business Plan Competition. The purpose of the competition is to promote and encourage the startup of new businesses, and in turn the creation of new jobs, on Maryland's Eastern Shore.

Open to individuals or teams, the competition seeks unique, innovative, and scalable business plans that are fundable for any idea of a commercial endeavor. All submissions must be the original work of those making the submission and must describe a new or early-stage company.

Three winners will be selected at the upcoming Dorchester County Economic Development Summit 2012 on December 9-10, 2012 in Cambridge, MD.

  • First Place - $20,000 in cash & services. ALSO—Winner automatically advances as a Semi-Finalist in the InvestMaryland Challenge to compete for $100,000 cash prize
  • Second Place - $10,000 in cash & services
  • Third Place - $5,000 in cash & services

Complete details about eligibility, rules, and submission are available at:


SUBMISSION DEADLINE - November 16, 2012

To learn more Click here.

MCE granted $600K to help small businesses

The US Treasury Department has announced that MCE (Maryland Capital Enterprises, Inc.) has been awarded a $600,000 grant to aid its effort to assist small businesses on the Shore and in the Baltimore – Annapolis area of the State of Maryland.

The grant adds $100,000 to MCE's $1 million revolving small business loan fund. It will also fund a new project that is an Incubator Without Walls to work intensely with 20 small businesses ready to grow to the next level and make them successful million dollar businesses. This Project will be a model for the Nation.

MCE Executive Director Hayley Gallagher said "I join our board Chairman, Dan Keunnen, in being excited about the opportunity that this gives us to help this area’s economy. We are grateful for the confidence in us that this grant award shows and for the support of our U.S. Senators Mikulski and Cardin."

"As a member of the Senate Small Business Committee, I am extremely pleased that Maryland Capital Enterprises has been selected to receive a significant CDFI Grant to help small businesses in the community," said U.S. Senator Ben Cardin. "Maryland Capital Enterprises has a proven track recording in providing important support services, loans and counseling for Maryland small businesses, helping more than 100 entrepreneurs a year improve their skills so they can succeed."

MCE creates Plamer Gillis Entrepreneur of the Year Award

Maryland Capital Enterprises (MCE) is proud to announce the creation of a new, annual award that will honor the entrepreneurial spirit of the businessman it is named for: the Palmer Gillis Entrepreneur of the Year Award.

Palmer GillisGillis, a Salisbury native, has spent the last 35 years building his construction company into one of the largest general contracting firms on Maryland's Eastern Shore. Along the way, he continues to give back through public service, including as an elected member of the Salisbury City Council, and as a board member for numerous charitable causes and foundations. He has been a leading voice in trying to make his community a better place.

The winner of MCE's Palmer Gillis Entrepreneur of the Year Award will be someone who has taken the risk of starting their own business, created jobs, and has a business plan for the future. They have that fighting spirit that refuses to give up. They are sleep deprived and worn down, but ready to take on the world.

The business owner must reside in Worcester, Wicomico or Somerset County and nominations are open to the public.

The award will come with a monetary prize and the winner will be announced at MCE's annual gala on Saturday, November 10, 2012.

"We are so grateful to Palmer Gillis and to a team of local business professionals who are helping us make this award a meaningful and important honor," said Hayley Gallagher, executive director of MCE. "Encouraging, nurturing and inspiring entrepreneurs is what MCE does best."

To learn more about how to support this effort, or to nominate a worthy candidate, please click here.

MCE welcomes two new staff members

MCE would like to introduce you to our new Training Coordinator, Jessica Weber. Jessica completed her Bachelors of Science Degree in Business Management from the accredited Perdue School of Business at Salisbury University, graduating cum laude.

In 2008, while still in college, Jessica opened her first business, Sunset Pools, in Salisbury. In 2010, she was given the opportunity to intern with MCE for the summer and in 2011, she decided to open a second business, Sunset Décor.

Along with running her two businesses, she also helped her family run their business; Mid-Eastern Oil Co. Inc. Jessica has also been active in the community by being a Team Leader for Women Supporting Women and being in charge of all the vendors at the annual Salisbury Winter Wonderland of Lights at the Salisbury City Park.

"My parents always pushed me to be active in the community, they took me to my first Salisbury Chamber Business After Hours when I was only 16," Jessica said. "I am looking forward to all the opportunities that I will get by working with the wonderful staff at MCE."

In addition to his work with Maryland Capital Enterprises as our newest Business Consultant, John McQuaid works with Maryland's Technology Development Corporation's Rural Business Innovation Initiative as a Technical Assistance Specialist who identifies and works with early stage, developing and small companies seeking assistance in overcoming barriers to growth; including commercialization strategies, market analysis and planning, exploring and obtaining funding opportunities, and examining operational processes.

Prior to joining TEDCO, John worked in the third-party logistics and fulfillment industry with several companies, in a variety of management capacities, and was the co-founder of Warwick Fulfillment Solutions, a Dorchester County start-up fulfillment company. Prior to entering the private sector, he served as the Administrative Service Director of a Mid-Shore provider of mental health services to a special needs population.

John holds a Master's Degree in Social Work from the University of Maryland at Baltimore and a Bachelor of Arts degree in Political Science from the University of Delaware. He lives in Easton, MD with his wife Debbie, and two children, Sam and Anna. He is a charter member of the Tidewater Chapter of Rotary International in Easton.

Maryland Capital Enterprises Expands Small Business Program with $30,000 Grant from PNC

MCE Donation

Maryland Capital Enterprises, Inc. (MCE) of Salisbury has been awarded a $30,000 grant from the PNC Foundation to continue supporting its microenterprise development program on the Eastern Shore and to expand its small business lending program to the Baltimore – Annapolis area. The microenterprise development program provides business assistance, training, technical assistance and capital for micro businesses.

"PNC's donation helps us increase the services we provide here on the Shore while expanding to address the growing demand for our services from across the Bay," said MCE Executive Director Hayley Gallagher.

"The work of Maryland Capital Enterprises is critical for providing small, community-based businesses with the resources they need to start and grow," said Kelly J. Rew, PNC Business Banking Sales Manager and MCE board member. "We are excited to support the organization's expansion into Baltimore and Annapolis and help fuel economic development in Maryland."

PNC Foundation receives its principal funding from the PNC Financial Services Group, Inc. (NYSE: PNC). It actively supports organizations that provide services for the benefit of communities in which it has a significant presence. The Foundation focuses its philanthropic mission on early childhood education and community and economic development, which includes the arts and culture.

MCE is a non-profit micro-business finance and assistance agency formed in 1998 that provides loans, education, and assistance to small businesses on Maryland's Eastern Shore and provides loans to small businesses in the Baltimore – Annapolis area. Based in Salisbury, MD, the firm is certified by the US Treasury Dept. as a Community Development Financial Institution. It is also certified as an Intermediary Micro-lender for the Small Business Administration, the US Dept. of Agriculture, and the State of Maryland. It has made over $1 million in loans to small businesses on the Shore.

Silverstein, Moore, & Woroniecki join the MCE Board of Directors

Maryland Capital Enterprises, Inc. announces the addition of Alan I. Silverstein,William “Bill” Moore and Dean Woroniecki to its 14-member board of directors.

Board Members

Silverstein is the long-time president and CEO of the Talbot County Chamber of Commerce based in Easton, MD. Dean Woroniecki is co-owner of Affordable Business Systems in Salisbury founded in 1996. Moore is an advisor for Sperry Van Ness - Miller Commercial Real Estate with 26 years experience in the Real Estate industry. He spent 18 years as owner of William Moore Construction specializing in single-family residential construction.

Maryland Capital Enterprises is a non-profit micro-business finance and assistance agency formed in 1998 that provides loans and assistance to small businesses on Maryland's Eastern Shore. Based in Salisbury, MD, the firm is certified by the U.S. Dept. of the Treasury as a Community Development Financial Institution. It is also certified as an Intermediary Microlender for the Small Business Administration and the U.S. Dept. of Agriculture. Its loan portfolio is over $1 million.

Mark Sewell Honored For 10 Years of Service on MCE Board of Directors

Mark Sewell Honored

Outgoing MCE Board member is honored for his 10 years of service to MCE. He has served on the MCE Loan Committee all 10 years and is its outgoing chair. He also serves on the MCE Finance Committee and has served as the MCE Loan Treasurer. He will continue to serve on both committees. Sewell is a loan officer at Hebron Savings Bank.

MCE Gets Grant For Laptops

QB class in session, Easton MD

As many small business owners may already know, QuickBooks software is not always the easiest option for managing finances, although on the contrary once the software is thoroughly taught, QuickBooks is a cost-efficient solution to managing the finances of small to medium sized businesses.

For the first time, Maryland Capital Enterprises began offering hands-on, interactive QuickBooks classes where individuals could actually follow the demonstrations on laptops. In past years when MCE had previously offered QuickBooks classes to the public, individuals followed along using a manual while watching projected demonstrations from the instructors. To follow current educational models suggesting a ‘hands-on’ learning approach, Maryland Capital Enterprises sought a grant that would provide laptop technology to assist in the learning process of QuickBooks software.

With the assistance of The University of Maryland Eastern Shore’s Rural Development Center and Dan Kuennen, Maryland Capital Enterprises was able to purchase fifteen laptops and QuickBooks software for each individual laptop.

Laptop portability was an essential aspect to the success of the piloted ‘hands-on’ approach to guiding participants through the QuickBooks curriculum. The portability of laptops also enabled Maryland Capital Enterprises to offer QuickBooks classes in both Salisbury and Easton.

Maryland Capital Enterprises is happy to be announcing that with the portable laptops that were purchased both QuickBooks and Excel courses will be offered again in the upcoming months. For additional information about either a QuickBooks or an Excel class in your area please call 410-546-1900 or email Christan at Maryland Capital Enterprises, You may also visit

Bank of America Supports MCE With $5000 Donation

Bank of America recently donated $5,000 to MCE to support its automated business accounting courses.The course will train at least 30 entrepreneurs and benefit at least 60 persons. As a part of our Entrepreneurs Academy, MCE has launched a class on the use of QuickBooks and other automated services to do business accounting. Two classes will be held; each is once a week for seven weeks. One is conducted in Salisbury and the other is conducted in Easton to serve the Upper and Lower Shore parts of the target area. They are conducted with laptops thanks to the support of the UMES Rural Development Center, giving participants a hands-on experience. The funding will allow MCE to keep the courses affordable.

Bank of America awards MCE an $81,250 grant

Presenting the check

Bank of America Salisbury president Monty Sayler is presenting the check for $81,250 to Maryland Capital Enterprises Executive Director Hayley Gallagher at the MCE Salisbury office. The award was the result of a successful application to the bank’s Small Business Grant Reserve Program for SBA and USDA intermediary micro-lenders. MCE is one of the few organizations in the Nation that has both certifications. The grant will leverage $1,166,000 to loan micro-business on the Shore and in the Annapolis & Baltimore areas.

Bank of America supports MCE

Maryland Capital Enterprises Inc. (MCE) received a donation of $2,500 from Bank of America recently. The donation helps support the organization's efforts to assist the smallest of the Shore’s businesses with business training, technical assistance, and small business loans. Above, Bank of America Sr. VP Monty Sayler (l) presents a check from the Bank to MCE Executive Director Hayley Gallagher. MCE serves the Eastern Shore of Maryland and is certified by SBA, USDA, and the US Department of Treasury.

Rodriguez, Molock & Wolfe join the MCE Board of Directors

Maryland Capital Enterprises, Inc. has added Rosa Rodriguez, Ronald Molock, and Ira Wolfe to its 14-member board of directors.

Rosa RodriguezRosa Rodriquez, a native of the Dominican Republic who migrated to the US in 1985, is the Regional Manager for Telamon Corporation. Located in Salisbury, MD, Telamon is the State Migrant and Seasonal Farmworker agency. The agency operates several programs for migrants including english as a second language and a new entrepreneurial training program.

Ira S Wolfe

Dr. Ira S. Wolfe, a resident of Ocean Pines, is founder and president of Success Performance Solutions, a workforce consulting firm that helps organizations find and hire the right employees and identify high-potential leaders. He helps his clients integrate social media into their marketing and recruiting strategies and has become a popular on-line social networking teacher on The Shore.

Ronald Molock

Ronald A. Molock, a resident of Wallertown in Wicomico County, has been a realtor for nine years and is now an agent with Lacaz Meredith of Long & Foster Realty in Cambridge, MD. He is retired from Conectiv and long-time president of its Credit Union.

Maryland Capital Enterprises is a non-profit micro-business finance and assistance agency formed in 1998 that provides loans and assistance to small businesses on Maryland’s Eastern Shore. Based in Salisbury, MD, the firm is certified by the US Dept. of the Treasury as a Community Development Financial Institution. It is also certified as an Intermediary Microlender for the Small Business Administration and the U.S. Dept. of Agriculture. Its loan portfolio is over $1 million.

First Shore Federal Donates to MCE

FSF DonationFirst Shore Federal Savings Bank recently donated $13,500 to help support Maryland Capital Enterprises Inc. The donation will support the organization’s efforts to assist the smallest of the Shore’s businesses with business training, technical assistance, and small business loans. Above, First Shore Federal Compliance Officer Oliver Waters (l) joins First Shore Federal President Marty Neat (r) as he presents the bank check to MCE Executive Director Hayley Gallagher (c).

MCE serves the Eastern Shore of Maryland and is certified by SBA, USDA and the US Department of Treasury.

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