Four Baltimore-area technology startups have received a total of $800,000 in loans from Anne Arundel County.
The county’s VOLT Fund, managed by the Anne Arundel Economic Development Corp., supports entrepreneurs and pre-revenue startups to help them reach key milestones, attract additional funding and grow locally. The fund receives $1.8 million a year from the state’s Small, Minority and Women-Owned Business Investment Fund, which is funded through video lottery revenue from Maryland casinos.