Montgomery County entrepreneurs can apply for the Technology Innovation Fund and Founders Fund, offering a combined $10 million in grants to support commercialization projects, with applications open until 5 p.m. on January 31, 2025.
Per the news release: “Are you an early-stage Montgomery County technology or wholesale product manufacturing entrepreneur? Check online to see if you are eligible to apply for the Technology Innovation Fund or the Founders Fund for commercialization grants to help you grow your business. Applications for both funds now are open and will be accepted until 5 p.m. on Friday, Jan.31. These new funds offer a combined $10 million in commercialization grants to spur economic development and create equitable opportunities for growth and prosperity.
About the Founders Fund
The $3 million Founders Fund offers grants of up to $100,000 to early-stage entrepreneurs from historically underrepresented communities who face systemic barriers to accessing capital. Eligible applicants must demonstrate how their proposed commercialization project will drive their business growth.
About the Technology Innovation Fund
To learn more about the Technology Innovation Fund and Founders Fund and to apply, visit https://www.fedtech.io/accelerators/mcg. If you have any questions, email [email protected]“