Biotech Resources | Funding, Lab Space & Incentives Maryland

RESOURCES FOR GROWTH

Growth doesn’t happen in isolation—especially in the Biotech Corridor. From local incentives and workforce development programs to state-level funding and strategic support, our region offers a full spectrum of resources designed to help life science and biotech companies start, scale, and succeed. Whether you’re developing the next breakthrough therapy, expanding biomanufacturing capacity, or exploring new lab space in Maryland, these programs and partners can help power your progress. Discover economic development resources, startup incentives, biotech site selection assistance, and biotech relocation assistance tailored to every stage of your company’s growth.

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Programs in Rockville

F.A.S.T. Program
Faster, Accountable, Smarter and Transparent—that’s what Rockville’s development review and permitting services offer. With an online permitting portal for paperless, trackable applications, 99% of requests answered within 24 hours, a revised development-friendly City code, and trained, helpful City staff, this program helps life science, biotech, and technology companies move projects forward efficiently.Faster, Accountable, Smarter and Transparent – that’s what Rockville’s development review and permitting services offers:

MOVE & Expansion Program
REDI administers both the MOVE and Business Expansion Fund programs to support new and existing Rockville businesses. MOVE provides grants for new businesses committing to Class A and B space. Business Expansion Fund supports existing Rockville businesses that seek to lease or purchase additional Class A or B office, industrial, flex, or commercial space to accommodate growing operational needs.

Programs in Montgomery County

MOVE Program
Grants of up to $80,000 for companies taking up to 20,000 square feet of Class A or B office space, or lab space, for businesses that are new to Montgomery County.

New Jobs Tax Credits
Tax credits for companies that take at least 5,000 square feet of new, never-before-occupied space and add at least 25 employees in Montgomery County.

Economic Development Grant and Loan Program (EDF)
Financial assistance for established private employers that retain and/or stimulate significant new job creation in Montgomery County.

SBIR/STTR Matching Grant
Match up to $25,000 for Phase 1 or $75,000 for Phase 2 awards during the current calendar year for research in medicine, biotechnology, or life sciences.

Biotechnology Investor Incentive Program
Supplemental grant available to investors in biotechnology companies located in the county. Approved investors that receive Maryland State tax credits will automatically receive the supplemental grant.

Montgomery County, Maryland SBIR/STTR Matching Grant Program:
Information available here.

Programs in Maryland

Innovation Tax Credit
Provides a refundable income tax credit to a qualified investor equal to 33% of an eligible investment in a Qualified Maryland Technology Company, up to $250,000 in tax credits. This may be used in lieu of the Maryland Biotechnology Investment Incentive Tax Credit Program, but not in conjunction with that program.

Biotechnology Investment Incentive Tax Credit (BIITC)
Provides an income tax credit equal to 50% of an eligible investment in a Qualified Maryland Biotechnology Company (QMBC), up to $250,000 for each QMBC per fiscal year.

Stem Cell Research Fund
Funding for early research, validation, clinical trials, and commercialization activity.

TEDCO Entrepreneurial Resources
Free use of subscription market databases and online educational resources. TEDCO Advisory Services include Round Tables for mutual learning and support via groups of non-competing entrepreneurs from similar verticals; Maryland Entrepreneur Hub, a database of entrepreneurial resources; Network Advisors, which provide custom assistance from industry professionals; and Prelude Pitch, which delivers pitch feedback from industry professionals.

TEDCO Technology Transfer Services
Programs that assist companies interested in working with federal labs on development and commercialization technology. Services include orientation to federal tech transfer and SBIR/STTR proposal support.

TEDCO Innovation Initiative
Supports commercialization of technologies from Maryland universities, with awards up to $265,000.

TEDCO Pre-Seed Builder Fund
Investment and economic support for technology and life science companies run by entrepreneurs who demonstrate economic disadvantage.

TEDCO Seed Fund
Supports seed-stage Maryland companies working to develop and commercialize new technology-based products.

Venture Fund
An early-stage, evergreen venture capital fund dedicated to growing businesses in Maryland. Initial funding ranges from $0.5–1.5 million.

Dingman Center Angels (UMD)
Angel investment group with individuals that invest $100,000 to $1,000,000 in seed- and early-stage companies.

Momentum Fund
Matching investments of $150,000–$500,000 in late seed-stage companies that have a technology or founder/inventor connection to the University System of Maryland.

Maryland Industrial Partnerships (MIPS)
Matching funds and university expertise to help Maryland companies commercialize a technology or product.

Advance Maryland (formerly known as MEDAAF)
Financial assistance to established private employers who retain or stimulate significant new job creation in Montgomery County.

Maryland Job Creation Tax Credit
Companies that add at least 60 employees in Maryland over two years may receive tax credits of $3,000 per employee. In some geographies, the requirement is reduced to 25 employees, with tax credits of $5,000 per employee.

Maryland Research and Development Tax Credit
Income tax credits for businesses that invest in research and development in Maryland. The total amount of credits depends on the amount of eligible expenses incurred.

BioHealth Innovation, Inc.
Evaluates market-relevant biohealth intellectual property, connects intellectual property with funding, and assists businesses with marketing, commercialization, and growth. More information available here.

Entrepreneurial Resources

Entrepreneurs in the Biotech Corridor benefit from a strong innovation ecosystem built to support company formation, commercialization, and long-term growth. From biotech accelerator programs and technology transfer support to mentorship, university partnerships, and startup resources, the region offers practical guidance for founders at every stage. Whether you are launching a therapeutics company, diagnostics platform, MedTech venture, or life sciences startup, these entrepreneurial resources are designed to help you build momentum in one of Maryland’s leading biotech hubs.

Business Innovation Centers
Created to support life sciences, biotech, and technology companies, these business incubators provide the space and resources to fuel startup growth. From intellectual property and commercialization assistance to international soft landing program access, these innovation incubators help create a strong foundation for growth in the Biotech Corridor.

Investment Resources

The Biotech Corridor gives companies access to a broad range of biotech funding opportunities, including grants, tax incentives, investor programs, seed funding, venture capital, and commercialization support. For organizations seeking biotech grants in Maryland, life sciences funding, SBIR/STTR assistance, or investment capital for expansion, these resources can help accelerate innovation, hiring, R&D, and market growth.

Available Space

The Biotech Corridor offers a thriving environment for life sciences companies, with more than 300 businesses driving demand for lab, office, and biomanufacturing space. Below, explore our selection of available commercial sites, each providing unique opportunities to join the region’s vibrant biotech ecosystem. Whether you are searching for biotech lab space in Rockville, flexible life science space in Maryland, or room to support research, development, and scale-up, the corridor offers options for growing teams. Find the right wet lab space in Rockville, biomanufacturing space in Maryland, GMP-ready space, or turnkey laboratory space for your growing team.

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