YES, it's true! A little known program allows MD small businesses to claim up to $100k in cyber security expenses for a 50% CREDIT. The qualifying rules are pretty simple...
1) The buyer (you) has to be a MD small business as defined in the below link to the program
2) You have to buy from a certified SELLER (like COLDFISH)
3) You have to claim the expense in the year you bought the product or service.
Maryland understands the cyber vulnerabilities of small business . They typically do not have the in-house IT staff or budget to maintain a strong cyber security program. This not only limits the ability to participate in work that requires cyber security qualifications, but puts the business at serious risk of failure.
Maryland is committed to keeping small business IN business and IN Maryland!
Cyber basics like user training, internal risk assessments, and documentation, can cost thousands. A data privacy breach can cost everything. The Tax Credit program provides significant relief and effectively doubles your budget for products and services needed to protect your company and your employees.
Qualified SELLERS (like COLDFISH) can work with your provider who is not in the program and you can still earn a credit! Visit the site or call us today and get ready to be excited about cyber-securing your business!
COLDFISH is busy getting local DIB businesses ready for CMMC!
Our popular CMMC Checkup takes less than one confidential ZOOM hour and delivers a bird's eye view of how to best prepare your company for the certification process. It's a great way to get the facts and avoid needless costs and missed steps --especially if you do not have compliance experts on staff. Most US Government contractors have self-attested to DFARS 7012 & NIST 800-171, so the reach for CMMC Certification should be close. COLDFISH will listen to where you are and give clear direction and scope to where you need to be.
The cost is $149USD ($75 after credit).
Another approach is to use your required annual assessment to include CMMC goals. This approach delivers a formal assessment and documentation for clients looking to comply with higher Maturity Levels or new products/services. The costs vary with complexity of your business- typically between $850--$1800.
A great way to get your compliance work done in 2021 and take advantage of the Buy MD Cybersecurity Program for the 50% savings!
So if you are looking for quick, factual Checkup with a CMMC specialist, or a full assessment --COLDFISH is standing by to help! Call us today: 240.300.0284 or email: firstname.lastname@example.org
MDOT CERTIFIED MBE/DBE/SBE and Veteran Owned Small Business
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