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Welcome to Montgomery County Economic Development Corporation’s newly redesigned website!

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 experts are here to assist you in navigating available grants, loans and other incentives aimed at maximizing your company’s impact.

Incentives

Incentives tagged Grants. Reset

Build Our Future and Neighborhood Business Works

Provides grants for infrastructure projects to advance innovation and growth in eligible technology sectors. Grants may be awarded to private companies, nonprofit entities, local governments, or colleges and universities.

Incentive: Grants

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Rockville Business Expansion Fund

The Business Expansion Fund is designed to support existing Rockville businesses that seek to lease or purchase additional Class A or B office, industrial, retail or flex space to accommodate their growing needs. Businesses expanding within the corporate limits of the City of Rockville are eligible to receive a grant in the amount of up to $4.00 per square foot for the additional space occupied, with a maximum grant amount of $40,000 per application. Grants are subject to the amount of available funding at the time of application. There are two application deadlines each year–September 30 and April 30.

Incentive: Grants

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Montgomery County Innovation Grants

Small, high growth companies can apply for grants up to $200,000 each ($500,000 total) to support qualified activities that help progress products or services from concept toward commercialization. Coming Soon.

Incentive: Grants

Montgomery County Job Creation Fund

Companies creating a minimum of five jobs paying $100,000 or more in the Life Sciences; Technology; National Nonprofits, Foundations, and Trade Associations; Corporate Headquarters; Clean Tech, or Hospitality sectors can be reimbursed $10,000 for each new eligible job up to $500,000 total. Coming Soon.

Incentive: Grants

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.

Incentive: Grants

U.S. 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.

Incentive: Grants

Montgomery County Government Business Center

Companies that are not within Montgomery County Economic Development Corporation’s key industries should connect directly with the Montgomery County Government Business Center to access support services.

Bethesda, Maryland

Growth and Opportunities in Montgomery County, Md.

See the latest business and investment opportunities within the county.

Resource Library

Explore our resource library to access relevant information on available incubators, accelerators and other organizations within our business ecosystem.

REGENXBIO – Rockville, Maryland
Silver Spring, Maryland

Mentoring & Networking

Access mentoring opportunities for early-stage businesses and entrepreneurs.

Rockville, Maryland

CONTACT

Advance in Maryland’s Montgomery County

Our team of economic developers stands ready to provide comprehensive market intelligence, tailored site selection support, and specialized assistance to businesses seeking to establish or expand a presence within the county. Discover new opportunities to propel your enterprise toward unparalleled success.