Back to Grants
MD

Advantage Maryland

Flexible Maryland financing for economic development projects, including loans, conditional grants, and investments.

About this program

Advantage Maryland, also known as MEDAAF, provides flexible financing to support significant Maryland economic development initiatives, including business attraction and retention, infrastructure support, brownfield redevelopment, revolving loan funds, arts and entertainment districts, and local strategic planning.

Eligibility

Eligible Maryland businesses, local jurisdictions, MEDCO, and economic development projects within Priority Funding Areas and eligible industry sectors.

Requirements

  • Project must be in a Priority Funding Area
  • Secure county resolution or local support when required
  • Demonstrate significant economic development impact