Build our Future Grant Pilot Program
Launched in 2023, this program aims to enhance Maryland's strategic sectors through innovation infrastructure projects. With $10 million allocated for FY2024, it supports a wide range of technology sectors and is set to run until June 30, 2027. Projects include various infrastructure developments to foster innovation and growth. The Build Our Future Grant Pilot Program and Fund (Fund) is a financing resource operated by the Maryland Department of Commerce (Commerce), to provide grants for innovation infrastructure projects intended to support innovation in an eligible technology sector. In FY24 $10 million is available for grants to transformative projects that accelerate the growth of the state’s strategic industry sectors. Grants may be awarded to private companies, nonprofit entities, local governments, or colleges and universities in the State.
Award Range
Not specified - $2,000,000
Total Program Funding
$10,000,000
Number of Awards
Not specified
Matching Requirement
Yes - For grants up to $1,000,000, a 200% match is required; for grants above $1,000,000 and up to $2,000,000, a 400% match is required.
Eligible Applicants
Additional Requirements
Grants are focused on direct project costs and not for indirect or operational expenses.
Geographic Eligibility
All
Application Opens
Not specified
Application Closes
Not specified
Grantor
Maryland Department of Commerce
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