MBIA Commercialization Impact Grant (MCIG)

Grant Background

With the support of TEDCO, the MCIG was designed to channel strategic funding through the MBIA Member Center Leadership and into eligible companies within their center/ program community. The goal of this grant is to provide strategic benefits to aid in entrepreneurial advancement and the commercialization efforts of promising innovative companies that will propel success and growth in Maryland.

Who Is Eligible?

All MBIA Members in good standing are eligible to promote this grant program for their aligned companies. Both for- profit and non-profit centers, incubators and accelerators, and other member organizations who support innovative companies as part of their mission can leverage the grant funds.

How To Apply

  • MBIA Member Center leaders will work with their companies to prepare compelling applications.¬†
  • Applications will be accepted on a rolling basis.
  • Please read the grant announcement for details on requirements, eligibility, and the submissions link.

Grant Status

Tranche 1: Sept 2023 - Dec 2023 (CLOSED)

Tranche 2: Wednesday Jan 17, 2024 (12:00 pm*) - May 2024 (CLOSED)

*Applications submitted before specified date and time will not be considered