Biotechnology Investment Incentive Tax Credit (BIITC)
Maryland Department of Commerce
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
state
Overview
Biotechnology Investment Incentive Tax Credit (BIITC)
BIITC provides refundable income tax credits to eligible investors in Qualified Maryland Biotechnology Companies (QMBC) equal to 33% or 50% of an eligible investment in a QMBC, up to $250,000 or $500,000 in tax credits.
Details
- Agency: Maryland Department of Commerce
- Application Due: Two different forms are due in August and September. See website for dates.
- Financial Assistance: Tax Credit
Eligible Applicants
For-Profit, Individuals
Eligibility
Eligible Applicant Types
How to Apply
Application Due: Two different forms are due in August and September. See website for dates.
Program website: http://commerce.maryland.gov/fund/programs-for-businesses/bio-tax-credit
Focus Areas & Funding Uses
Fields of Work
Project Locations
Categories
Browse similar grants by category
Related Grants
Similar grants from this funder and related organizations
ETIP Strategic Sectors Single Company Grant
Commerce And Econ Opp
Amount
$150000 - $10000000
Deadline
Rolling / Open
Innovate ND
ND Department of Commerce
Amount
Varies
Deadline
Rolling / Open
Build Our Future Grant Pilot Program
Commerce Build Our Future Grant
Amount
$7,000,000 (FY26)
Deadline
Rolling / Open
SBIR/STTR Match Program
Commerce And Econ Opp
Amount
$1 - $250000
Deadline
June 30, 2027
Utah Small Business Credit Initiative (USBCI)
Economic Opportunity Grants
Amount
Varies
Deadline
Rolling / Open
The Startup State Initiative
Economic Opportunity Grants
Amount
Varies
Deadline
Rolling / Open
Ready to apply for Biotechnology Investment Incentive Tax Credit (BIITC)?
Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.