Why Montgomery County, MD

More Incentives

Montgomery County SBIR/STTR – Matching Grant

The only County SBIR/STTR match program of its kind in the country, the Montgomery County SBIR/STTR Matching Grant Program helps companies that have recently received an SBIR/STTR Phase 1 or Phase 2 award for biotechnology, medical or life sciences research. Eligible companies may receive non-dilutive funding for up to $5,000 reimbursement of technical assistance costs associated with applying for a first SBIR/STTR award (BIR/STTR Phase 0), up to $25,000 to SBIR/STTR awardees who have received no more than 2 prior Phase 1 awards (SBIR/STTR Phase 1); and up to $50,000 to SBIR/STTR awardees who have received no more than 4 prior Phase 1 awards and no more than 1 prior Phase 2 award (SBIR/STTR Phase 2).

Learn More about Montgomery County SBIR/STTR – Matching Grant, opens in a new tab

Rainscapes Rewards

Provides rebates up to $10,000 for commercial property owners installing rain gardens and conservation landscaping, planting trees and implementing other projects that help control storm water pollution. Property owners are also eligible for on-going credits against their Water Quality Protection Charge.

Learn More about Rainscapes Rewards, opens in a new tab

Montgomery County Economic Development Grant and Loan Program (EDFGLP)

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.

Learn More about Montgomery County Economic Development Grant and Loan Program (EDFGLP), opens in a new tab

Advantage Maryland (MEDAAF)

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.

Learn More about Advantage Maryland (MEDAAF), opens in a new tab

Small Business Plus

A unique collaboration between Montgomery County and community banks headquartered in the County. The program promotes job growth through small business lending and earning competitive rates of return for the County on investment. $50 million in County funds are invested in participating community banks with $100 million lent to local small businesses to further promote new jobs.

Learn More about Small Business Plus, opens in a new tab

Green Bank

Increases investment and implementation of energy improvements across all sectors in the County. The Bank will use its seed capital to spur private capital investment, provide unique programs to target and open up new markets to energy-saving investments.

Learn More about Green Bank, opens in a new tab

Rockville MOVE Program

The Rockville MOVE Program is open to businesses that are relocating or expanding from outside the corporate limits of the City of Rockville, or startups moving into their first commercial space. Ideal applicants are businesses that strengthen the City of Rockville’s economy by creating jobs in high-growth industries and investing in the quality of their facility. Maximum grants of up to $40,000 for companies that are new to the City of Rockville that lease at least 1,000 sq. ft. Class A or B office space.

Learn More about Rockville MOVE Program, opens in a new tab

Innovation Centers

Montgomery County, Maryland, is home to many privately owned and publicly managed incubators and accelerators. Start-ups and early stage companies have access to a full menu of resources and support services to help them grow their business. The Montgomery County Government Business Innovation Network includes four innovation centers in Rockville, Silver Spring and Germantown.