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Funding and Incentives

​​​​​​​​​​Accessing capital and securing financing are essential to start or grow a business—driving innovation and creating jobs are the benefits.

Programs include venture capital investments and tax credits, direct loans, grants and loan guarantees. These programs work together to attract new companies to the state, encourage expansions and job creation, and revitalize our economy.  ​

What brings you here?

Whether you're investing in Maryland as a startup​, a business owner, a lending institution or an economic ​development partner we have a variety of finance and incentive programs for you.

  • Programs for Startups ​- Jumpstart your new business with venture funding, technology transfers or collaboration funding.​

  • Programs for Lending Institutions - To help secure more funding for Maryland's entrepreneurs and reduce risk, we have programs that encourage private sector investments with insurance and the issuance of tax-exempt and taxable revenue bonds. Find information on our loan guarantee programs and quick links to other state and federal programs. 

  • Programs for Businesses - Learn about the tax incentives, direct loans, and additional state and federal programs that are offered to businesses.

  • Programs for Economic Development Partners - Does your economic development project need a little love? One of these programs may be able to help.

  • Maryland InfoPortal​ - Not sure what program you need? Need a quick run-down of programs? The Maryland InfoPortal contains links to 700-plus state programs providing financial, non-financial and technical assistance and direct development to local government, civic and private organizations, and individuals.​ 


Are you in an Incentive Zone?

​Enter an address in the search bar below to see if your business falls within an incentive zone.​​

​Incentives Tracking Tool and Reports

Maryland Finance Tracker 

Use the Maryland Finance Tracker tool ​to see how business agency grants, tax credits, equity investments and loan enhancements were distributed in previous years. Search and sort by company, amount, location and program.

Consolidated Incentives Performance Report FY2015​

We supported 521 businesses resulting in over 27,000 jobs at an average annual wage of $64,000 in FY2015. Get some key stats on the various finance programs and tax incentives administered by the Department in our Consolidated Incentives Performance Report FY2015​.


Baltimore-based Bambeco​, an online retailer, sells green home furnishings and décor, ranging from solar-powered tea lanterns, to recycled scrap steel trash bins and bicycle chain bottle openers.

The company, founded in West Virginia, moved to Maryland in 2010. Watch our interview with Bambeco CEO Susan Aplin, who says Maryland is an "excellent choice" to locate a business, citing the port, thriving clean energy industry, the Maryland Venture Fund, technology incubators and successful consumer product brand powerhouses like Maryland's home-grown Under Armour.

Bambeco - Susan Aplin