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: Loans. Reset

Advantage Maryland (MEDAAF)

Loans

A flexible and broad-based program, Advantage Maryland (also known as MEDAAF) funds grants, loans and investments to support economic development initiatives. Uses include business attraction and retention, infrastructure support, brownfield redevelopment, arts and entertainment districts, daycare, revolving loan funds and local strategic planning. Projects must be within Priority Funding Areas and eligible industry sectors. Awards are made on a competitive basis.

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Maryland Stem Cell Research Fund (MSCRF)

Loans

Companies involved in a variety of stem cell with significant commercialization can apply for grants of up to $400,000 to help them advance their technologies.

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Small Business Plus

Loans

A unique collaboration between Montgomery County and community banks headquartered in the County. The program promotes job growth through small business lending and earning competitive rates of return for the County on investment. $50 million in County funds are invested in participating community banks with $100 million lent to local small businesses to further promote new jobs.

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SBA LINC

Loans

Tool helps locate potential lenders for small business development.

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Global Companies in Montgomery County, Md.