Are you a business owner in Maryland looking to expand, innovate, or sustain your operations? The State of Maryland offers a variety of financial incentives designed to support businesses across different sectors. From technology and manufacturing to agriculture and small businesses, numerous grant programs are available to help you achieve your goals.
And remember, why did the scarecrow win an award? Because he was outstanding in his field! 🌾
Seven Amazing Grant Programs in Maryland
1. Advantage Maryland (MEDAAF) Grant
Category: Economic Development
Supports economic development initiatives in priority funding areas, including business attraction and retention, infrastructure support, and brownfield redevelopment.
2. Build Our Future Grant Pilot Program Grant
Category: Technology
Provides grants for infrastructure projects to advance innovation and growth in eligible technology sectors.
3. Business Telework Assistance Grant
Category: Small Business, Minority, Women-Owned Business
Offers grants of up to $25,000 to help businesses expand telework capabilities, including purchasing necessary equipment and developing telework policies.
4. Community Development Block Grant (CDBG)
Category: Economic Development
Funds commercial and industrial economic development projects, with grants for public improvements or loans to businesses.
5. ExportMD Program Grant
Category: International, Startup, Small Business
Helps offset marketing costs for Maryland's small and mid-sized companies, providing up to $5,000 in reimbursement for international marketing projects.
6. Maryland Manufacturing 4.0 Grant
Category: Manufacturing
Provides grants to small and mid-sized manufacturers to invest in Industry 4.0-related technologies, machinery, and digital business practices.
7. Project Restore Grant
Category: Nonprofit, Startup, Small Business
Offers financial support to incentivize commercial investment in vacant retail and commercial properties.
How to Apply
Each program has its own eligibility criteria and application process. To learn more about these opportunities and how to apply, visit the Maryland Department of Commerce website or contact the program administrators.
At PKC, we specialize in helping businesses navigate and secure these grant opportunities. Whether you're looking to innovate, expand, or sustain your operations, there's likely a grant program that can support your needs.
Explore these opportunities and take the next step toward achieving your business goals. Our team of experts is here to guide you through the application process, ensuring you have the best chance of success. Contact us today to learn how we can assist you in unlocking these valuable resources.
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