New and Expanding Business (NEXB) Tax Credit
St. Offered by St. Mary's County Department of Economic Development.
Key Facts
- Funder
- St. Mary's County Department of Economic Development
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Status
- Open
About This Grant
St. Mary's County offers property tax credits to qualifying businesses that create at least ten full-time jobs locally or are new to the county and operate in targeted industries. Credits are available for up to ten years and are based on the number of jobs created, with a maximum benefit of $100,000. The program targets industries such as defense, cyber security, aerospace, manufacturing, agriculture, aquaculture, retail, and service businesses in targeted investment areas. An additional...
Full requirements and application instructions: official listing.
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