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Build Our Future Grant Pilot Program

Build Our Future Grant

Funds Maryland innovation infrastructure across aerospace, cybersecurity, quantum, and robotics programs.

ScheduledMaryland Department of CommerceUnited StatesDeep-tech · adjacent

Eligibility · United States · US-MD

Build Our Future is a capital grant programme administered by the Maryland Department of Commerce to fund innovation infrastructure projects that strengthen Maryland's capacity in twelve designated technology sectors: Advanced Manufacturing, Aerospace, Agriculture, Artificial Intelligence, Biotechnology, Blue Technology, Cybersecurity, Defense, Energy and Sustainability, Life Sciences, Quantum, and Sensors and Robotics. The programme is authorised through 30 June 2027, with $7 million appropriated annually. Eligible recipients include for-profit companies, nonprofits, universities, and research organisations that operate in Maryland and whose proposed project directly supports innovation in one of the twelve sectors. Individual awards are capped at $2 million per entity per year.

The matching requirement is unusually steep and scales with award size: grants up to $1 million require the applicant to provide 200% matching funds (the applicant covers twice the grant amount from non-state sources), while grants between $1 million and $2 million require 400% matching (the applicant covers four times the award amount). Colleges and universities collectively may not receive more than 50% of the annual $7 million appropriation. The FY2026 Phase 1 application window has closed; Phase 2 awards for invited FY2026 applicants are expected in spring 2026. The FY2027 cycle is anticipated but not yet open as of mid-2026. Applications proceed in two stages: a Phase 1 outline describing project impact on targeted sectors, and a Phase 2 detailed application with full budget and sustainability plans submitted by invited applicants only.

Grant compliance terms are firm: 50% of funds are released at contract execution, with the remaining 50% paid on project completion. All funds must be expended within two years of the award, and the project must be operational within two years. Property purchases trigger a three-year ownership requirement; non-compliance results in full repayment of the grant. Projects are subject to random audits and must maintain complete records. Contact the programme at buildourfuture.commerce@maryland.gov or 410-767-6300.

Innovation infrastructure for 12 eligible technology sectors including biotech, AI, cybersecurity, quantum, and advanced manufacturing.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.null–24 months
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.200%
Funding pooliThe total budget available across all awards in this round.$7M

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Last verified: 29 Jun 2026Source: commerce.maryland.gov