Maryland Build Our Future Grant
Matching infrastructure grant up to $2 million; awards up to $1 million require at least a 200% applicant match, while awards above $1 million require at least a 400% match · Maryland Department of Commerce / MEDCO · rolling applications
Maryland Build Our Future Grant is a grant programme from Maryland Department of Commerce / MEDCO for Eligible Maryland applicants proposing innovation-infrastructure projects in a strategic technology sector Current lifecycle: rolling. Real economics: Matching infrastructure grant up to $2 million; awards up to $1 million require at least a 200% applicant match, while awards above $1 million require at least a 400% match.
Tier 3governmentmarylandgrantnon-dilutive
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Key facts
| Funder | Maryland Department of Commerce / MEDCO |
| Amount | Matching infrastructure grant up to $2 million; awards up to $1 million require at least a 200% applicant match, while awards above $1 million require at least a 400% match |
| Deadline | Rolling — apply anytime |
| Decision time | The current rolling MEDCO route does not publish a universal decision time. |
| Eligibility | A qualifying Maryland entity must propose hard innovation-infrastructure costs in one of 12 eligible technology sectors, show a transformational ecosystem gap, implementation readiness and new cash financing sufficient for the applicable match. |
| Restrictions | Historically 50% was advanced after agreement and the balance reimbursed after completion and accepted expenditure documentation; recipients are subject to audit and the current MEDCO agreement controls payment. Grant funds cover hard costs such as property, construction, rehabilitation, installation, equipment and fixtures, not salaries, operating costs, management, consulting, administration or curriculum development. Past spend and in-kind contributions do not count as match. |
| Status | rolling |
Always confirm on the official page before applying — dates and terms change.
Application process
- Submit the rolling MEDCO portal application
- Describe the facility, technology sector, gap, impact, jobs, timeline and budget
- Complete initial eligibility and merit review
- Provide detailed scope, sources and uses, commitments and sustainability evidence when requested
- Execute a grant agreement and document completion costs
Background
Maryland Department of Commerce / MEDCO operates Maryland Build Our Future Grant. This pass separates direct cash, repayable finance, credits, incentives and umbrella programs so later ranking does not compare unlike instruments. The state awarded 11 FY2026 grants totaling nearly $7 million Across the first three rounds, 32 recipients received nearly $23 million supporting $75.5 million in private investment and an estimated 828 new jobs
How the application really works
Submit the rolling MEDCO portal application → Describe the facility, technology sector, gap, impact, jobs, timeline and budget → Complete initial eligibility and merit review → Provide detailed scope, sources and uses, commitments and sustainability evidence when requested → Execute a grant agreement and document completion costs
Tips
- Show direct fit with advanced manufacturing.
- Show direct fit with aerospace.
- Show direct fit with agriculture.
- Show direct fit with artificial intelligence.
- Show direct fit with biotechnology.
- Show direct fit with blue technology.
- Show direct fit with cybersecurity.
- Show direct fit with defense.
- Show direct fit with energy and sustainability.
- Show direct fit with life sciences.
- Show direct fit with quantum.
- Show direct fit with sensors and robotics.
Watch out for
- Current lifecycle is rolling.
- Historically 50% was advanced after agreement and the balance reimbursed after completion and accepted expenditure documentation; recipients are subject to audit and the current MEDCO agreement controls payment.
- Grant funds cover hard costs such as property, construction, rehabilitation, installation, equipment and fixtures, not salaries, operating costs, management, consulting, administration or curriculum development. Past spend and in-kind contributions do not count as match.
Track record
- The state awarded 11 FY2026 grants totaling nearly $7 million
- Across the first three rounds, 32 recipients received nearly $23 million supporting $75.5 million in private investment and an estimated 828 new jobs
Award counts are published, but no comparable number of eligible applications is available.
Frequently asked questions
- Is this actionable now?
- rolling. Applications have been accepted rolling through MEDCO's online portal since administration transferred on 1 July 2026 under the DECADE Act.
- What is the real economic value?
- Matching infrastructure grant up to $2 million; awards up to $1 million require at least a 200% applicant match, while awards above $1 million require at least a 400% match
- Who is eligible?
- A qualifying Maryland entity must propose hard innovation-infrastructure costs in one of 12 eligible technology sectors, show a transformational ecosystem gap, implementation readiness and new cash financing sufficient for the applicable match.
- How does selection work?
- Submit the rolling MEDCO portal application; Describe the facility, technology sector, gap, impact, jobs, timeline and budget; Complete initial eligibility and merit review; Provide detailed scope, sources and uses, commitments and sustainability evidence when requested; Execute a grant agreement and document completion costs. The current rolling MEDCO route does not publish a universal decision time.
- What burden and restrictions apply?
- Historically 50% was advanced after agreement and the balance reimbursed after completion and accepted expenditure documentation; recipients are subject to audit and the current MEDCO agreement controls payment. Grant funds cover hard costs such as property, construction, rehabilitation, installation, equipment and fixtures, not salaries, operating costs, management, consulting, administration or curriculum development. Past spend and in-kind contributions do not count as match.
- What evidence exists?
- The state awarded 11 FY2026 grants totaling nearly $7 million Across the first three rounds, 32 recipients received nearly $23 million supporting $75.5 million in private investment and an estimated 828 new jobs Award counts are published, but no comparable number of eligible applications is available.
Related grants
Sources
- commerce.maryland.gov/fund/build-our-future-grant-program — Official current rolling MEDCO administration and contact (checked 2026-08-10)
- commerce.maryland.gov/Documents/Build.Our.Future.FAQs.8.2025.pdf — Official eligibility, match, eligible cost, application and payment detail (checked 2026-08-10)
- commerce.maryland.gov/media/governor-moore-announces-nearly-7-million-in-build-our-future-grant-awards-to-support-innovation-infrastructure-development — Official 2026 awards, cumulative investment and jobs outcomes (checked 2026-08-10)