The Maryland Innovation Investment Tax Credit has officially launched, aimed at growing Maryland’s early-stage technology companies with help from investors.
The program is targeted at companies working to raise venture capital, with the goal of increasing investment in current and up-and-coming tech sectors in the state, while also increasing the number of capitalists investing in local Maryland businesses.
Companies with less than 50 full-time employees, that are in the process of raising capital, are encouraged to explore the new investment program. Applications are now being accepted from businesses in qualifying tech sectors, including aerospace, blue technology, energy, robotics, and more. Additional eligibility requirements can be found here.
