Maryland launches pilot program for innovation infrastructure
The program will provide matching grants of up to $2 million to projects that demonstrate a transformative impact in accelerating growth and innovation in the state’s strategic industry sectors.
Maryland Governor Wes Moore has announced the launch of the Build Our Future grant program, a financial resource for innovation infrastructure projects to support eligible technology sectors. Funded at $10 million, the pilot program will provide matching grants of up to $2 million to projects that demonstrate a transformative impact in accelerating growth and innovation in the state’s strategic industry sectors.
“From cybersecurity and manufacturing, to quantum and drug discovery, we believe the Build Our Future pilot program will grow our innovative industries throughout the state,” said Governor Moore. “While building a more competitive and equitable Maryland, we need to ensure we’re looking toward the jobs of the future and supporting the progressive technology sectors. This program will help us invest in the tech-advanced facilities that tomorrow’s workforce depends on.”
Administered by the Maryland Department of Commerce, the program was established through The Innovation Economy Infrastructure Act of 2023 during this year’s legislative session as a key piece of the governor’s plan to bridge the gap between vision and success in Maryland. Grants may be awarded to private companies, nonprofit entities, local governments, or colleges and universities in Maryland. Eligible projects include cyber ranges, prototype manufacturing centers, research spaces, sensitive compartmented information facilities, and wet laboratories, among others.
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