Incentives

The updated MOVE grant program helps businesses that are signing their first commercial lease or expanding their existing lease by at least 500 square feet in office space. Qualified companies signing a commercial lease in the county may receive up to $150,000 for a new office space. MOVE grant awards are funded on a first-come, first-served basis based on the date of receipt of submitting all required documentation and subject to availability of funding.

Financial assistance to private employers who retain jobs or stimulate new job creation in Montgomery County. Priority is given to the following businesses: high technology companies, manufacturing companies, businesses located in urban revitalization areas, and other private employers providing the greatest public benefits.

Maryland companies that receive an ExportMD award are eligible for up to $5,000 in reimbursement for expenses associated with an international marketing project.

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.