United States / Funding / By state / Maryland
Funding for startups in Maryland
Maryland runs 8 programmes of its own, and 3 of them take applications right now. The 63 federal programmes further down are open to Maryland companies too. We read each one on its official site and note the date we checked.
Run by Maryland and local bodies
Concept Capital
TEDCO (Maryland Technology Development Corporation) · Maryland
Rural or underrepresented Maryland tech founders can get a zero-interest convertible note of $25,000 to $50,000 plus mentoring.
Maryland Innovation Initiative (MII)
TEDCO (Maryland Technology Development Corporation), with Johns Hopkins, Morgan State, UMB, UMBC and UMD College Park · Maryland
TEDCO's university-technology commercialization fund pairs Maryland research institutions with startups to take licensed IP from lab to company.
Venture Fund
TEDCO (Maryland Technology Development Corporation) · Maryland
Maryland's state venture arm invests $500,000 to $1.5 million directly in promising early-stage Maryland companies.
Builder Fund
TEDCO (Maryland Technology Development Corporation) · Maryland
Maryland tech startups majority-owned by socially or economically disadvantaged founders can apply to TEDCO's Builder Fund for equity investment.
Inclusion Fund
TEDCO (Maryland Technology Development Corporation) · Maryland
Maryland tech startups with meaningful ownership by disadvantaged founders can get equity funding through TEDCO's Inclusion Fund.
Rural Business Innovation Initiative (RBII)
TEDCO (Maryland Technology Development Corporation) · Maryland
Small rural Maryland tech businesses get free mentoring, strategy help, and connections to funding, with no cost to the company.
Seed Fund
TEDCO (Maryland Technology Development Corporation) · Maryland
Maryland technology companies under 5 years old and under 250 employees can raise equity capital meant to make them venture-fundable.
Small Business Loans (Start-Up, Expansion, Credit Builder)
Maryland Capital Enterprises · Maryland
A Maryland CDFI offers start-up, expansion, and credit-builder loans to under-banked entrepreneurs on the Eastern Shore and in Baltimore.
Want to filter these by amount or stage? Open them in the full directory.
Federal programmes open to Maryland businesses
Grants 23
- AFWERX SBIR/STTR & Army xTechup to $15M
- Amber Grant for Womenup to $50k
- ARPA-E
- ARPA-H
- Comcast RISEup to $5k
- DHS SBIRup to $1M
- DoD SBIR/STTRup to $2.15M
- DOE SBIR/STTRup to $2.15M
- ED/IES SBIRup to $1M
- EDA Build to Scale (B2S)up to $5M
- EPA SBIRup to $400k
- Federal and State Technology (FAST) Partnership Program
- FedEx Small Business Grant Contestup to $50k
- NASA SBIR/STTRup to $1.27M
- NIH SBIR/STTRup to $4.19M
- NOAA SBIRup to $690k
- NSF SBIR/STTR — America's Seed Fund powered by NSFup to $1.25M
- Rural Energy for America Program (REAP) — Renewable Energy Systems & Energy Efficiencyup to $25M
- SBA Growth Accelerator Fund Competition (GAFC)up to $200k
- SBIR/STTR (America's Seed Fund)up to $2.15M
- US DOT SBIRup to $200k
- USDA NIFA SBIR
- Value-Added Producer Grant (VAPG)up to $200k
Loans & guarantees 15
- CAPLines (SBA 7(a) Lines of Credit)up to $5M
- CDFI Fund — Certified Community Development Financial Institution Network
- DOE Loan Programs Office (Office of Energy Dominance Financing)
- Export Working Capital Program (EWCP)up to $5M
- International Trade Loan Program (ITL)up to $5M
- Military Reservist Economic Injury Disaster Loan (MREIDL)up to $2M
- SBA 504 Loan Program (CDC/504)up to $5.5M
- SBA 7(a) Loan Programup to $5M
- SBA Community Advantage Loansup to $1M
- SBA Disaster Loans (Physical Damage & Economic Injury)up to $2M
- SBA Microloan Programup to $50k
- SBA-504 and 7(a) Combined Loan Cap ($10M)up to $10M
- EXIM Working Capital Guarantee Programup to $10M
- SBA Surety Bond Guarantee Programup to $14M
- State Small Business Credit Initiative (SSBCI)
Tax benefits 8
- Federal R&D Tax Credit (Section 41)
- New Markets Tax Credit (NMTC)
- QSBS Section 1202 Exclusionup to $15M
- Qualified Opportunity Zones (QOZ)
- R&D Payroll Tax Offset (Qualified Small Business Payroll Tax Credit)up to $500k
- Section 174A Domestic R&D Expensing Restoration
- State R&D Tax Credits (multi-state landscape)
- Work Opportunity Tax Credit (WOTC)up to $2.4k
Equity 7
- 500 Global Flagship Acceleratorup to $150k
- Antler US Residency
- gener8tor Investment Acceleratorup to $100k
- HAXup to $250k
- Neo Accelerator
- Techstars Standard Investment Termsup to $220k
- Y Combinator Standard Dealup to $500k
Support & credits 10
- AWS Activateup to $200k
- Google for Startups Cloud Programup to $350k
- Microsoft for Startupsup to $150k
- MassChallenge Accelerator Programs (Traction & Challenge)
- MBDA Business Center Network
- NIST Manufacturing Extension Partnership (MEP)
- NVIDIA Inception
- Plug and Play Accelerator Programs
- SBA 8(a) Business Development Program
- Women-Owned Small Business (WOSB) Federal Contract Program
The other Maryland deadline funders will ask about
Most programmes above ask for financials and a company in good standing. In Maryland that means the Annual Report & Business Personal Property Return (Form 1) — Due on or before April 15 each year (Tax-Property s.11-101). SDAT can extend the deadline to June 15 if you request electronically by April 15, or by paper by March 15 with a fee. No fax requests accepted.
This page exists because Maryland has at least 2 verified programmes of its own. See every state, or tell us about a Maryland programme we are missing via the contact page.
Funders read the books before the pitch
Every programme on this page asks for financials in a particular shape. We keep Maryland books in that shape year-round, so applying is an export rather than a rebuild.