Advantage Maryland (MEDAAF)
Maryland Department of Commerce
About the Grant
A flexible and broad-based program, Advantage Maryland (also known as MEDAAF) funds conditional grants, loans and investments to assist economic development initiatives. Uses include business attraction and retention, infrastructure support, brownfield redevelopment, arts and entertainment districts, daycare, revolving loan funds and local strategic planning. Projects must be within Priority Funding Areas and eligible industry sectors. Awards are made on a competitive basis.
Notes
This is a broad program designed to give the Maryland government flexibility in supporting growth within their state. While this is an excellent opportunity, it means that there is not a standard application and set of approval criteria.
If your business has a project or initiative which will positively impact the Maryland economy, it is worth reaching out directly at the grant website to receive more information.
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