The MOVE program has been expanded effective February 1, 2015.
The MOVE program is an innovative approach intended to attract new businesses to Montgomery County. Eligible businesses will receive a one-time grant to offset relocation costs upon signing their first commercial lease within the county.
Companies that lease up to 10,000 square feet (sf) of Class A or B office space for the first time in the county will receive a grant of $8/sf. This represents an increase of $4/sf from the pilot program. All industries (except retail and restaurant) and all leases up to 10,000 square feet are now eligible.
Participation in the program involves 3 simple steps:
- Sign your first 3 year (minimum) commercial lease
- Complete an application
- Mail the completed application along with the supporting documents to: Montgomery County Department of Economic Development, 111 Rockville Pike, Suite 800, Rockville, MD 20850
Supporting documentation includes a copy of the signed lease and evidence of occupancy (i.e., a utility bill). Please see the application for a complete list of required documents.
Applications must be received within 90 days of lease signing.
Once an application is reviewed and approved, the applicant will receive a grant based on the square feet leased. A pre-qualification letter can be issued upon request.
For more information about the MOVE program, email Gene Smith or call him at 240-777-2011.
What People Are Saying
“Being in one of the most educated, commuter-friendly and culturally rich business centers of Montgomery County will greatly accelerate the continuing growth and success of L-Soft. As a pioneer in the permission email industry, L-Soft is pleased to be the first company in the county’s innovative MOVE program, and we look forward to many more decades of success and strong relationships with our current and future customers, in the National Capital area and around the world.”
— Eric Thomas, Founder and CEO of L-Soft and inventor of LISTSERV®
“This rent subsidy will greatly enhance Montgomery County's reputation as a pro-business environment. Office rents are typically one of the highest expenses on a company's financial statement and the proposed subsidy represents a significant reduction in start-up and relocation expenses. The workplace has now become both a hiring and retention tool for employers. As these employers seek to attract the best and brightest employees while also reigning in real estate costs, this subsidy will create a competitive advantage for Montgomery County, not only as a place to work, but also to live.”
—Scott C. Randolph, Senior Vice President, TRANSWESTERN