Tax and Financing Programs

The new location for this page is
https://www.montgomerycountymd.gov/business/doing-business-in-mc/funding-incentives.html

There are a wide variety of incentive and financing programs and offerings available to businesses in Montgomery County. Look below and discover where your business might benefit.

Maryland State Funding and Incentive Programs

Accessing capital and securing financing are essential to start or grow a business - driving innovation and creating jobs are the benefits.
State of Maryland 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.

Montgomery County Financial & Tax Incentives

Targeted tax incentives and financing programs that help businesses to create, expand, and relocate to our community, support our goal of stimulating economic growth, and creating employment opportunities for our residents.

Montgomery County Economic Development Corporation's Opportunity Zone Overview

Opportunity Zones are a new federal tax incentive program designed to attract long term capital to underserved areas through robust federal tax incentives. Fourteen census tracts in Montgomery County have been designated Opportunity Zones. A broad range of businesses, real property and personal property, which are substantially located in Opportunity Zones, are qualified for investment from Opportunity Funds. The guiding principles of Opportunity Zones are simplicity, scalability and flexibility. There is no cap on the amount of private equity that can be invested. The program is projected to become fully operational in early 2019 with Opportunity Funds ramping up investment in the next 2-3 years. There is no public application process for Opportunity Funds investment. It is a private capital allocation. Please consult with a qualified professional services firm to decide if the Opportunity Zones program is an appropriate tool for an investment. For additional information, go to Montgomery County Economic Development Corporation’s Opportunity Zone Overview and Economic Innovation Group.