MARBIDCO, the Maryland Agricultural Resource Based-Industry Development Corporation, is a quasi-public economic development organization headquartered in Annapolis. Their mission is to provide targeted financial and other services to support Maryland's small and family-owned farm, forestry, and seafood businesses, promoting rural entrepreneurship and ensuring the sustainability of the state's agricultural industries.
MARBIDCO offers a range of loan programs, including the Maryland Livestock Processing Loan Fund and the Oyster Shucking House Loan Fund, to assist with the expansion and development of agricultural businesses in Maryland. They aim to help retain existing resource-based industry production, promote innovation, and nurture emerging enterprises in the food, feed, and fiber sectors.
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