MARBIDCO
SUPPORTING MARYLAND’S AGRICULTURE THROUGH FINANCING
MARBIDCO (the Maryland Agricultural and Resource-Based Industry Development Corporation) provides financial programs, including loans and grants, to support and enhance Maryland's agricultural, forestry, and seafood industries. The quasi-public organization focuses on assisting new and existing businesses, young and beginning farmers, and landowners to foster sustainability, profitability, rural economic growth, and the preservation of working farmland.
Financing Maryland’s Food and Fiber Future
One of our goals is to assist new and beginning farmers in purchasing farmland that can eventually be preserved, while also inspiring a new generation of farmers in their entrepreneurial endeavors.
For New & Beginning Farmers
We have several programs to get new farmers on track to purchase a farm, no matter what size. The Next Gen and SANG programs assist with a down payment and can help preserve the working farmland in perpetuity. Click the button to learn more about education, training, business resources, and our many grant and loan programs tailored to young and beginning farmers. Call us to discuss your future at 410-267-6807.
Let’s get started today!
For most MARBIDCO programs, practical farm and/or business experience is required and may be supplemented by academic or hands-on training experience.
Our loan and grant programs require business plans and borrower financial information to be submitted. If you have some experience in commercial agriculture, forestry, or seafood, or are working with a mentor, you may qualify for one of our loan or grant programs.
In delivering our financing programs, we work cooperatively with commercial banks, Farm Credit Associations, the USDA Farm Service Agency (FSA), as well as other federal, State, and local government agencies and land grant universities. Please contact us to find out which programs may be right for your business.
“We were fortunate to receive a grant from MARBIDCO that truly transformed our business. With their support, we built a commercial kitchen on our farm, which allowed us to turn our homegrown herbs into a unique value-added product: Urban+Ade, an herb-infused lemonade. Thanks to this grant, we’ve been able to offer Urban+Ade in three versatile formats—by the cup, in fill-and-serve pouches, and unsweetened pouches—giving our farmers market customers more options and helping us expand into the online marketplace. This journey, made possible by MARBIDCO’s belief in our vision, has been a reminder of what’s possible when opportunity meets determination meets financial support. We’re incredibly grateful and inspired to continue growing and sharing something special with our community and beyond.”
What People Are Saying About MARBDICO
“As a young farmer with no collateral or credit history to purchase such a big investment, it is hard to get started in the ag business. MARBIDCO and Horizon Farm Credit have allowed us to establish a future for our family business. Since purchasing our farm, we have been steadily improving our operation.”
– Ryan Rhodes, Poultry Farmer
Queen Anne’s County, MD