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)
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.
Learn More >Maryland Stem Cell Research Fund (MSCRF)
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.
Learn More >Small Business Plus
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.
Learn More >SBA LINC
Tool helps locate potential lenders for small business development.
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