(Photo by Michael L. Lewis/U.S. Army)
The state of Maryland is providing a $50,000 loan to a cybersecurity company near Ft. Meade as part of a program designed to help veteran-owned businesses.
VOR Technology, led by Army veteran and former NSA corporate briefer Anthony Lawrence, expects to hire 60 people as a result of multiple contracts the company recently won to work with the U.S. Department of Defense. The three-year-old company currently has three worksites in Maryland, working on more than 20 government contracts.
The loan money is being provided through the Military Personnel and Veteran-Owned Small Business No-Interest Loan Program, which was created by the state in 2006. The company will use the money for hardware and software upgrades. The new equipment will be used for training the new employees.
“We are proud that Anthony Lawrence and VOR Technology are working with our federal partners to ensure the safety and security of our nation’s networks,” Gov. Larry Hogan said in a statement. “We invite all veterans, members of the military, and businesses that employ veterans or reservists to learn how this program can help them start or expand a business.”
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