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Build our Future Grant Pilot Program

$2,000,000
Closed
Recurring
Grant Description

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.

Funding Details

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.

Eligibility

Eligible Applicants

Nonprofits
Small businesses
City or township governments
County governments
For profit organizations other than small businesses

Additional Requirements

Grants are focused on direct project costs and not for indirect or operational expenses.

Geographic Eligibility

All

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Maryland Department of Commerce

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Categories
Agriculture
Education
Energy
Environment
Science and Technology