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Job Creation Tax Credit (JCTC)

Job Creation Tax Credit (JCTC)

Supports Maryland employers creating qualifying new jobs with income tax credits for workforce expansion.

Between cyclesMaryland Department of CommerceUnited StatesEligible in Maryland
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About

The Job Creation Tax Credit (JCTC), administered by the Maryland Department of Commerce, provides Maryland income tax credits to businesses that create qualifying new full-time jobs in Maryland. The base credit is $3,000 per qualifying job, rising to $5,000 per job created in designated revitalization areas. Veteran positions earn $4,000 per job ($6,000 in revitalization areas), while small busine…

What this grant funds

Maryland income tax credits of $3,000–$6,000 per qualifying new full-time job created in the state, available to businesses on a first-come, first-served basis through January 2027.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
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.$4M
Funding analytics

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Eligibility criteria

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Application process

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Last verified: 22 Jul 2026Source: commerce.maryland.gov