Maryland awards $9 million in “Build Our Future” grants

06/25/2024| Daniel Leaderman

Maryland awards $9 million in “Build Our Future” grants

06/25/2024 | Daniel Leaderman

Eleven projects have received funding to support innovation infrastructure development in eligible technology sectors.

The grants come from the Maryland Department of Commerce’s Build Our Future grant program, which was part of Governor Wes Moore’s Innovation Economy Infrastructure Act of 2023. A total of $9 million was awarded after a two-phase application process.

“To make Maryland more competitive, we need to turbocharge those areas of our economy that are producing fresh ideas and innovative new technologies,” said Gov. Moore. “These grants will not only help individual businesses grow, but will also help establish tools and resources to support growing industries.”

Eligible entities for the program included private companies, nonprofit entities, local governments, and colleges and universities. To be considered, projects needed to fall under a specific range of eligible industry sectors, including advanced manufacturing, aerospace, agriculture, artificial intelligence, biotechnology, blue technology, cybersecurity, defense, energy and sustainability, life sciences, quantum, and sensors and robotics.

Read the full list of recipients

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