There are several funding opportunities available in Maryland designed to support a range of projects that promote economic growth, innovation, and workforce development. Some of these grants are aimed at organizations developing infrastructure or programs in emerging technology sectors, including areas like manufacturing, life sciences, and energy. The funds can be used to support the creation or expansion of facilities, purchase specialized equipment, or implement projects that encourage research and innovation. Eligible applicants for these types of grants typically include nonprofit organizations, private companies, local governments, and educational institutions, with projects required to take place within the state. Funding levels can reach up to a few million dollars depending on the scope of the project.
Other opportunities focus on helping businesses expand into new markets, including international trade and marketing initiatives. These grants are often available to small and medium-sized businesses and are intended to help cover costs such as travel, trade show participation, promotional materials, and other expenses that facilitate growth and exposure. Award amounts for these programs usually range in the lower thousands, making them accessible for companies looking to take steps toward broader market reach.
Workforce training is another area supported by recurring grants, which aim to improve skills and productivity for employees. Businesses of various sizes may apply for reimbursements for training costs, equipment, or program development. These grants often cover a percentage of eligible costs, encouraging organizations to invest in employee development while easing the financial burden.
In addition, some funding is available to support research initiatives and educational programs at nonprofit or academic institutions. These grants can help match private contributions, support scientific research, or provide resources for innovation projects. Overall, these opportunities are designed to stimulate economic development, promote innovation, and strengthen local organizations, with funding levels ranging from several thousand dollars to multi-million-dollar awards depending on the program’s objectives and eligibility requirements.
