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Find similar grantsNext Stage Fund is sponsored by Anne Arundel Economic Development Corporation (AAEDC). Offers zero percent loans to technology companies at the mezzanine stage of growth, assisting them in scaling up operations.
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Next Stage Tech Fund | Tech & Cyber Security | AAEDC Inclusive Ventures Program Commercializing Technology Educational Pipeline, Apprenticeships & Internships Flexible Office Space Options & Temporary Housing AAEDC is an active partner in growing our innovation community by providing an important lifeline of financing to help technology companies get to the next stage of growth.
Anne Arundel County’s innovation community includes corporate partners, such as Northrop Grumman, Jacobs Engineering and Booz Allen, prominent DOD agencies and national security professionals that are the foundation of our start-up scene. Ask yourself the following questions: Does your technology company have gross revenues less than $5 million and fewer than 100 employees?
Does your company support national defense, including but not limited to, logistics, cybersecurity, and technical support? Do you employ designers, developers or producers of materials, components or equipment required to meet the needs of national defense? Are you planning on allocating money for compliance certifications like CMMC, NIST and DFARS ?
Does your company provide a product or service that is deemed ancillary to or in support of the nation’s cyber and defense industry? Will financing help your business create new full-time jobs within the first year? If you answered “Yes” to all the questions, consider applying for a loan through AAEDC’s Next Stage Tech Fund.
The loan can be structured with flexible payment terms to accommodate your company’s cash flow. low interest loans of between $50,000 to $250,000. Eligible uses: lease-hold improvements, equipment and working capital to help fund growth.
Payment term of 1-5 years based on cash flow. All owners with over a 20% stake will be required to sign a personal guaranty. Collateral may be required.
Startup companies will be required to have a business plan and contracts in place to cover debt service. Standard underwriting practices will be used to process the loan. Factors to be considered include repayment capacity, financial strength of the company and guarantors, industry and management experience, and collateral protection.
Click here to access the online application . Ready to Grow Your Business? Contact our staff about the Next Stage Tech Fund!
Commercializing Technology Educational Pipeline, Apprenticeships & Internships Flexible Office Space Options & Temporary Housing Access AAEDC's economic and data reports including our popular bi-monthly new and expanding business list. See Data Resources →
Based on current listing details, eligibility includes: Technology companies located in Anne Arundel County, Maryland. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $50,000 - $250,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.