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.
Incentives
Maryland Industrial Development Financing Authority
A great resource to find financing and other information.
Incentive: Loans
ViewMaryland 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
ViewMaryland Innovation Investment Tax Credit (IITC)
Investors in a Qualified Maryland Technology Company (QMTC) conducting R&D in advanced manufacturing, aerospace, agriculture, Al, blue tech, cybersecurity, education, energy and sustainability, fintech, life sciences, quantum, sensor and robotics may qualify to receive up to $250K in tax credits for 33% of their eligible investment.
Incentive: Tax Credit
ViewMaryland Job Creation Tax Credits (JCTC)
JCTC provides an income tax credit to eligible businesses that locate or expand in the state and create a minimum number of net new full-time positions. The credit is equal to $3,000 per new job.
Incentive: Tax Credit
ViewMaryland MADE (Manufacturing Assets Deployed for Energy)
The Maryland MADE grant program provides grants to small Maryland manufacturers to invest in the adoption and deployment of smart manufacturing and high-performance manufacturing technologies that will increase energy efficiency, reduce carbon emissions, and enable lasting improvements.
Incentive: Grants
Maryland Momentum Fund
The Maryland Momentum Fund invests in USM-affiliated companies to support entrepreneurism, catalyze outside investment in early-stage startups, and foster economic development and technology commercialization. A pre-seed to late-seed stage investment fund, the Maryland Momentum Fund helps promising early-stage companies bridge from grant funding and angel investment to a Series A round of investment.
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.

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.


Mentoring & Networking
Access mentoring opportunities for early-stage businesses and entrepreneurs.

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.