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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

FunderMaryland Department of Commerce / MEDCO
AmountMatching 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
DeadlineRolling — apply anytime
Decision timeThe current rolling MEDCO route does not publish a universal decision time.
EligibilityA 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.
RestrictionsHistorically 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.
Statusrolling

Always confirm on the official page before applying — dates and terms change.

Application process

  1. Submit the rolling MEDCO portal application
  2. Describe the facility, technology sector, gap, impact, jobs, timeline and budget
  3. Complete initial eligibility and merit review
  4. Provide detailed scope, sources and uses, commitments and sustainability evidence when requested
  5. 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

Watch out for

Track record

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.

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