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Maryland Innovation Initiative (MII)

MII — Company Formation

Offers grant for Maryland startups that have licensed technology from a qualifying through the MII Company Formation.

Between cyclesMaryland Technology Development Corporation (TEDCO)United States

The Maryland Innovation Initiative (MII) Company Formation phase is a grant programme administered by TEDCO, the Maryland Technology Development Corporation, an independent instrumentality of the State of Maryland established by the General Assembly in 1998. It provides grants to early-stage Maryland-based for-profit companies to fund commercialisation activities for technologies licensed from qua

Grants up to $300,000 for Maryland-based startups to commercialise technology licensed from one of five qualifying Maryland universities within the prior twelve months.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
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.9 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.0%
Funding pooliThe total budget available across all awards in this round.

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Last verified: 24 Jul 2026Source: www.tedcomd.com