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Maryland Department of Commerce launches Innovation Investment Tax Credit

Attention tech startups! Maryland Department of Commerce launched the Maryland Innovation Investment Tax Credit program aimed at growing early-stage technology companies with help from investors. The program is targeted at companies working to raise venture capital, with the goal of increasing investment in current and up-and-coming tech sectors in the Region and state. Applications are now being accepted from businesses in qualifying tech sectors, including aerospace, blue technology, energy, robotics, and more. Once pre-qualified, companies can then encourage investors to apply through the state portal. For additional information, requirements and guidelines, visit:

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