Supplemental grant available to investors in biotechnology companies located in the county. Approved investors that receive Maryland State tax credits will automatically receive the supplemental grant.

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.

The Montgomery County, MD Founders Fund supports commercialization projects for early-stage, innovative businesses that historically have lacked access to capital. This fund offers up to $100,000 per grant awardee.

The Montgomery County Job Creation Fund offers businesses a powerful incentive to expand their workforce. Eligible companies creating at least five (5) new full-time, permanent jobs with a base annual salary of $100,000 (excluding benefits) can receive up to $10,000 per new job created. For businesses located in Community Equity Index disadvantaged areas, this award increases to $12,000 per job.

This program offers one-time financial support to help businesses offset expenses related to their first commercial lease or their expansion lease of at least 500 square feet. Companies in certain industry sectors may be eligible to receive $8/SF, $10/SF, $12.50/SF, or $15/SF to support their move to or expansion in the county.  The tiered approach depends on the total square footage companies occupy and their industries. The program requires new or expansion leases to be at least 36 months. Effective July 1, 2024 applications must be submitted on or before 180 days of the execution date of the lease.

Match up to $5,000 of Phase 0 for technical assistance in writing and submitting SBIR/STTR application, $25,000 for Phase 1 or $50,000 for Phase 2 awards during the current fiscal year for research in medicine, biotechnology or life sciences.