INCENTIVE DESCRIPTION

State: MD
Incentive Type: Cash Grants and Financing Incentives
Incentive Title: Infrastructure Grants
Description: 1. SMART GROWTH ECONOMIC DEVELOPMENT INFRASTRUCTURE FUND (One Maryland): Direct funding for creation of industrial parks and other needed infrastructure in qualified distressed counties. 2. DIRECT ASSISTANCE: Assistance up to $3 million for use in land acquisitions, infrastructure improvements, acquisition of fixed assets, leasehold improvements, feasibility studies and preparing a local economic development plan.
Eligibility Requirements: 1. Must be in a Priority Funding Area and a qualified distressed county (includes the city of Baltimore). 2. Based on local needs.
Geographic Restrictions: Statewide
Granting Authority: Dept. of Business and Economic Development


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.