Biotech Connections: Exploring AI, LLMs, and Medical Imaging Innovations in Montgomery County, Maryland.
April 24, 2026Founders Fund
April 27, 2026Montgomery County J.O.B.S. Initiative
Maryland’s Montgomery County new J.O.B.S. (Jobs, Opportunities, and Business Support) Initiative totals $20 million in funding available to local companies to foster growth, innovation, and economic equity.
The initiative includes three separate funds: The Job Creation Fund, Technology Innovation Fund and Founders Fund.
Job Creation Fund
The $10 million Job Creation Fund offers businesses a powerful incentive to expand their workforce. Eligible companies may receive up to $10,000 in grants per new job created. For businesses located in Community Equity Index disadvantaged areas, this award increases to $12,000 per job.
Technology Innovation Fund
The $7 million Technology Innovation Fund offers early-stage companies in select industries and developing proprietary technology with up to $200,000 in grant awards for commercialization projects.
Founders Fund
The $3 million Montgomery County Founders Fund offers companies that have historically lacked access to capital with up to $100,000 in grant awards for a commercialization project that is key to business growth.