Incentives To Spur Business Growth

Montgomery County, Maryland, offers industry leaders a range of incentives and support programs to drive their ventures forward. Our team of economic developers are here to assist you in navigating available grants, loans, and other incentives aimed at maximizing your company’s impact.

Category: Grants. Reset

Maryland MADE (Manufacturing Assets Deployed for Energy)

Grants

The Maryland MADE grant program provides grants to small Maryland manufacturers to invest in the adoption and deployment of smart manufacturing and high-performance manufacturing technologies that will increase energy efficiency, reduce carbon emissions, and enable lasting improvements.

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Montgomery County Job Creation Fund

Grants

The Montgomery County Job Creation Fund offers businesses a powerful incentive to expand their workforce. Eligible companies creating at least five (5) new full-time, permanent jobs with a base annual salary of $100,000 (excluding benefits) can receive up to $10,000 per new job created. For businesses located in Community Equity Index disadvantaged areas, this award increases to $12,000 per job.

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TEDCO Maryland Innovation Initiative

Grants

Slated for businesses that have (i) licensed technologies from a qualifying Maryland university within 12 months of applying for a Program award (a Program award can either be for Technology Assessment or Company Formation); and (ii) are located in Maryland.

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Partnership for Workforce Quality (PWQ)

Grants

State reimbursement grant for staff training costs at technology & manufacturing companies.

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Global Companies in Montgomery County, Md.