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Innovation Investment Tax Credit (IITC)

Innovation Investment Tax Credit (IITC)

Offers Maryland technology investment tax credits to investors in certified technology companies, with investment-focused participation.

ClosedMaryland Department of CommerceUnited StatesEligible in Maryland
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About

The Innovation Investment Tax Credit (IITC), formerly the Cybersecurity Investment Incentive Tax Credit (CIITC), was a Maryland income tax credit programme for investors who placed capital into Qualified Maryland Technology Companies (QMTCs). The programme has permanently sunsetted: Commerce is no longer accepting applications, and the final investor application deadline was September 24, 2024 at …

What this grant funds

Maryland income tax credits of 33–50% of eligible investment for investors in certified Maryland technology companies; program sunsetted September 2024 with no successor announced.

Key facts
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.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
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Eligibility criteria

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