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Advantage Maryland (also known as MEDAAF)Grant, Investment, Loan Economic Development Partners, General, Location-Based Funds grants, loans and investments to support economic development initiatives in priority funding areas of the state. Uses include business attraction and retention, infrastructure support, brownfield redevelopment, revolving loan funds and local strategic planning.

View Program Biotechnology Investment Incentive Tax Credit Tax Credit Biotechnology Provides an investor with income tax credits equal to 33% or 50% of an eligible investment in a Qualified Maryland Biotechnology Company (QMBC), supporting investment in seed and early stage biotech companies.

View Program Brownfields Tax Incentive Tax Credit General, Location-Based Provides incentives including tax credits, loans and grants for the redevelopment of eligible brownfield properties in participating jurisdictions. View Program Build Our Future Grant Pilot Program Grant Technology 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. View Program Buy Maryland Cybersecurity (BMC) Tax Credit Tax Credit Cybersecurity Provides an income tax credit of 50% of the purchase price for Maryland companies with 50 or fewer employees that purchase cybersecurity goods, products or services from Qualified Maryland Cybersecurity Sellers (QMCS).

View Program Cannabis Business Assistance Fund Loan, Grant Minority, Women-Owned Business, Small Business The Cannabis Business Assistance Loan/Grant Fund (CBAF) is a financing resource providing grants and loans for small businesses, including small, minority-owned and small women-owned businesses entering the adult-use cannabis industry.

CBAF also provides grants to Historically Black Colleges and Universities (HBCUs) for cannabis-related programs and to business development organizations, including incubators, to train and assist small businesses.

View Program Child Care Capital Support Revolving Loan Fund Loan Location-Based, Small Business The Child Care Capital Support Revolving Loan Fund is a financing resource operated by the Department of Commerce, with support from the State Department of Education, to provide no-interest loans for capital expenses to child care providers who participate in the State Department of Education's Child Care Scholarship Program.

View Program Use The Maryland Community Business Compass to strengthen your child care loan planning. This resource can help you assess demand before you apply. The tool shows where families need child care the most, helping you validate location, expansion or capacity decisions tied to this loan program.

Compass also connects you to additional financing options and business support that may complement your loan as you grow. Compass. Maryland.

gov Community Development Block Grant (CDBG)Grant Economic Development Partners Helps develop viable communities, provide decent housing and a suitable living environment, and expands economic opportunities, principally for persons of low and moderate income.

View Program Data Center Maryland Sales and Use Tax Exemption Incentive Program Tax Credit Technology Data centers that locate or expand in Maryland and create new full-time positions may receive an exemption from Maryland sales and use tax on the purchase of qualified data center personal property.

View Program Economic Development Opportunities Fund (Sunny Day)Grant, Investment, Loan Job Creation Supports extraordinary economic development opportunities that create and retain employment as well as create significant capital investments.

View Program Employer Security Clearances Costs (ESCC) Tax Credit Tax Credit Cybersecurity Provides income tax credits for expenses related to federal security clearance costs, construction of Sensitive Compartmented Information Facilities (SCIFs) and first-year leasing costs for small businesses doing security-based contract work.

View Program Enterprise Zone (EZ) Tax Credits Tax Credit General, Location-Based Provides real property and state income tax credits for businesses located in a Maryland Enterprise Zone in return for job creation and investments.

View Program Exelon Racial Equity Capital Fund Loan, Investment General, Minority, Women-Owned Business Funded by Exelon, this fund will help minority businesses obtain capital to fuel growth, create jobs, and strengthen communities that have historically been underserved, under-resourced, and overlooked by financial markets.

The fund will provide loans and equity investments for numerous minority businesses in Maryland and throughout Exelon’s service areas, with estimated loan amounts between $100,000 and $300,000, and equity investments of nearly $1 million.

View Program ExportMD Program Grant International, Small Business, Startup Helps to offset some of the costs of marketing internationally for Maryland's small and mid-sized companies, providing up to $5,000 in reimbursement for expenses associated with an international marketing project.

View Program Film Production Tax Credit Tax Credit Tourism, Film and the Arts A film production entity may be entitled to a refundable tax credit against the Maryland income tax for certain costs incurred in the state that are necessary to carry out a film production activity in Maryland.

View Program Global Gateway Program Training/Services, Grant International Maryland’s Global Gateway Program assists both Maryland businesses and foreign businesses. Global Gateway pairs companies with partnering incubators/organizations to allow the company to “soft land” in a new market abroad.

​ View Program Hire Our Veterans Tax Credit Tax Credit Veteran/Military Provides a State income tax credit to small businesses for hiring qualified veterans based on wages paid to those veteran employees.

View Program Job Creation Tax Credit Tax Credit General, Job Creation Businesses that create a minimum number of new full-time positions may be entitled to state income tax credits of up to $3,000 per job or $5,000 per job in a "revitalization area."

View Program Maryland Agricultural & Resource-Based Industry Development Corporation (MARBIDO) Programs - Various Grant, Loan Agriculture MARBIDCO is a nimble quasi-public financial intermediary organization (which is an instrumentality of the State of Maryland), with a particular mission to serve the commercial farming, forestry and seafood industries in the State. MARBIDO offers various financing programs for businesses.

View Loan Programs. View Grant Programs. Maryland Alcohol Manufacturing Promotion Grant Grant Agriculture, Agriculture, Economic Development Partners, Nonprofit, Small Business, Tourism, Film and the Arts Grants available to nonprofit organizations and state/local government units to foster the creation and expansion of the state’s breweries, distilleries and wineries.

View Program Maryland Business Ready Sites Program (MBRSP)Grant Economic Development Partners, General, Job Creation The Maryland Business Ready Sites Program (MBRSP) aims to accelerate investment by growing our inventory of shovel-ready sites across the state.

By providing financial support to defray the costs of site characterization and site improvements and providing collaborative marketing support, this program will enable significant investment across Maryland from the leading industries of today and tomorrow.

View Program Maryland Capital Access Program Loan Nonprofit, Small Business A financing resource to stimulate opportunities for small businesses that may have difficulty in obtaining business financing by establishing a Loan Reserve Program. MD CAP encourages banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing.

View Program Maryland Community Investment Venture (MCIV) Fund Grant General, Small Business, Technology The Maryland Community Investment Venture (MCIV) Fund was created to accelerate the adoption of financial innovations that enhance access to capital and financial services for small business owners in low- to moderate-income (LMI) communities.

The MCIV Fund provides grant dollars to fintech firms to pilot products and services in partnership with Maryland state-chartered financial institutions. View Program Maryland Commuter Tax Credit Tax Credit General A business entity in Maryland may claim a tax credit in an amount equal to 50% of the cost of providing qualified commuter benefits to their employees. The credit may not exceed $100 per individual employee per month.

View Program Maryland Economic Adjustment Fund (MEAF)Loan Manufacturing, Small Business MEAF provides loans of up to $150,000 for small and underserved businesses with fewer than 50 employees.

View Program Maryland Energy Administration (MEA) Incentives - Various Grant, Loan Agriculture, Minority, Women-Owned Business Learn more about Maryland energy grants, loans, rebates and tax incentives designed to help attain the state's goals in energy reduction, renewable energy, climate action and green jobs.

View Programs Maryland E-Nnovation Initiative Fund (MEIF)Grant Higher Education, Research Offers a state match to private funds raised in support of endowed chairs at Maryland's nonprofit institutions of higher education. Under the fund, $8. 5 million will be appropriated by the Governor annually.

View Program) Maryland Industrial Development Financing Authority (MIDFA)Bond, Loan Guarantee For Lending Institutions, Location-Based Encourages private sector investments with insurance, and the issuance of tax-exempt and taxable revenue bonds for projects located in Priority Funding Areas. Uses include land acquisition, building acquisition, construction costs and more.

View Program Maryland MADE (Manufacturing Assets Deployed for Energy)Grant Energy, Manufacturing, Small Business 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. View Program Maryland Manufacturing 4.

0 Grant Manufacturing Provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4. 0-related technologies, machinery and robotics, and digital business practices in order to remain competitive and drive growth. View Program Maryland Momentum Fund Venture Capital, Investment Higher Education, Research Fund for investing in promising early stage companies associated with the University System of Maryland (USM).

Maryland-based companies that are seeking equity financing or debt financing that is convertible into equity may apply. View Program Maryland New Start Microloan Program Loan Small Business The Maryland New Start Microloan Program is a financing resource established to provide $50,000 in no-interest loans to covered individuals for the purpose of starting a small business.

View Program Maryland Nonprofit Development Center Program and Fund - Nonprofit, Interest-Free, Micro Bridge Loan Account (NIMBL)Loan Nonprofit Provides short-term financing support to qualifying nonprofit entities between the award date of a government contract and the actual receipt date of those awarded funds.

View Program) Maryland Opportunity Zone Enhancement Credits (State Program)Tax Credit General, Location-Based Enhanced tax credits are available for several of the Maryland Department of Commerce's tax credit programs for businesses located in federal Opportunity Zones that meet certain requirements.

View Program Maryland Opportunity Zones (Federal Program)Tax Credit General, Location-Based A nationwide initiative administered by the U.S. Treasury, the program provides federal tax incentives for investment in distressed communities over the next 10 years. The U.S. Treasury has designated Maryland’s 149 Opportunity Zones.

View Program Maryland Small Business Development Fund Authority (MSBDFA)Bond, Contract Finance, Investment, Loan Guarantee, Loan Minority, Women-Owned Business, Small Business Assists small businesses unable to obtain adequate business financing on reasonable terms through normal financing channels.

View Program Maryland Technology Internship Program (MTIP)Grant, Training/Services Higher Education, Technology Administered by UMBC and funded by the State of Maryland, MTIP helps Maryland retain top talent by offering financial assistance to technology-based businesses, as well as state and local agencies, to hire more interns.

View Program Microenterprise Loan Program Loan Location-Based, Manufacturing, Small Business, Startup Microenterprise Loan Program Designed to provide entrepreneurs with flexible financing for microenterprise start-ups and expansions within designated Sustainable Communities and Priority Funding Areas throughout the State.

View Program Military Personnel and Veteran-Owned Small Business Loan Program Loan Veteran/Military No interest loans of up to $50,000 for businesses owned by military reservists, veterans, National Guard personnel and for small businesses that employ or are owned by such persons.

View Program Neighborhood BusinessWorks Loan Small Business Provides flexible financing to new or expanding small businesses and nonprofit organizations in Sustainable Communities and Priority Funding Areas throughout the state.

View Program Nonprofit Navigator Grant Nonprofit The nonprofit navigator is a direct, hands-on partner for securing the funding you need, cutting through grant complexity, offering tailored support for applicants, awardees, and seekers of state, federal, local, and private grants. Request one-on-one assistance by completing this intake form or check out the list of available nonprofit grants here.

NourishMD Grant Program (DHCD)Grant Location-Based, Nonprofit, Small Business The NourishMD Grant Program is a targeted investment designed to expand access to healthy and fresh foods in Maryland communities experiencing food insecurity by providing direct grants to eligible retailers. View Program Visit the Maryland Community Business Compass at compass. maryland.

gov to verify your eligibility for the NourishMD Grant Program, which is focused on communities with a Fresh Food Gap Score of 60% or higher. In addition to connecting you with incentives like NourishMD, the platform can help identify new opportunities through data insights and connect you with expert resources to help your business thrive.

One Maryland Tax Credit Tax Credit General Businesses that invest in an economic development project in a Tier 1 County and create a minimum number of new jobs may qualify for a State income tax credit up to $5 million depending on the number of jobs and amount of eligible costs.

View Program Partnership for Workforce Quality (PWQ)Grant Manufacturing, Technology Provides matching training grants and support services targeted to improve the competitive position of small and mid-sized manufacturing and technology companies.

View Program Project Restore Grant General, Nonprofit, Small Business, Startup Provides financial support to Maryland’s existing or new businesses to help incentivize commercial investment in vacant retail and commercial properties.

View Program Regional Institution Strategic Enterprise (RISE) Zone Program Tax Credit Job Creation, Location-Based A RISE Zone is a geographic area that has a strong connection with a qualified institution and is targeted for increased economic activity and community development.

Businesses locating in a RISE Zone or an existing business doing a significant expansion within the Zone may qualify for rental assistance related to capital investment and job creation. View Program Research and Development Tax Credit Tax Credit Research Businesses that have qualified R&D expenditures in Maryland may qualify for the Growth R&D Tax Credit.

View Program RMI Energy Efficiency Program Grant Energy, Manufacturing, Nonprofit Provides grants to assist Maryland businesses and nonprofit organizations in the commercial and industrial sectors to implement energy efficiency projects in their facilities.

View Program Small Business Cybersecurity Resilience in Maryland Training/Services Small Business Includes training and direct services for 40 small businesses to help them mitigate future cyber attacks through employee training and the installation of advanced hardware and software up to $10,000 per business.

View Program Small, Minority and Women-Owned Business Account- Video Lottery Terminal Fund (VLT)Loan Minority, Women-Owned Business, Small Business Uses proceeds from video lottery terminals (slots) to provide financing to qualifying small, minority and women-owned businesses located in targeted areas surrounding six Maryland casinos. View Program