Local Biotech Investment Tax Credit

Montgomery County: first in the nation with a local bioscience investment tax credit.

The Montgomery County Investor Tax Credit Program is available for investors of companies that receive approval first from the Maryland Bio Investor Tax Credit Program.   The county’s portion is an add-on to already approved investors by the State and it is given as cash, not credit.  Only companies located in Montgomery County, already designated to have their investors receive the tax credit from the state, are eligible.

For more information, see the county's press release, contact Janis Pitts or call the department's office at 240-777-2000.