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.
Small Business Innovation Research (SBIR)
Companies engaged in R&D with the potential for commercialization may be eligible to apply for highly competitive grant awards of varying amounts (e.g. $100,000 to $2M) to support commercialization projects.
Learn More >TEDCO Maryland Seed Funds
TEDCO will provide $100,000 to $500,000 seed funding through convertible debt and equity instruments to qualified early-stage companies in cybersecurity, life sciences, and other technologies. Programs include: Cybersecurity Investment Fund, Life Sciences Investment Fund, Technology Commercialization Fund (Funds are 100% deployed for FY25), Gap Investment Fund.
Learn More >Maryland Venture Fund
Companies with proprietary technology and a competitive advantage in the market may apply for $500k to $1.5M investment from the Maryland Venture Fund.
Learn More >Maryland Industrial Partnerships (MIPS)
Companies seeking funding, facilities, resources, and expertise within Maryland’s public universities to create new products and opportunities can apply for MIPS funding to support up to $90,000 of a $100,000 project.
Learn More >Global Companies in Montgomery County, Md.
