Building and Inspiring the Life Sciences Talent and Workforce Pipeline
Maryland’s economic growth and productivity depend on the success of businesses that operate in the state. As a way to create a business-friendly environment, the state offers both federal and state tax credits that will help employers reduce their cost of operating. Federal tax credits are offered through the Work Opportunity Tax Credit while several state tax credits exist through the Enterprise Zone Tax Credit, Maryland Disability Employment Tax Credit, and the Hire Our Veterans Tax Credit.
Visit the Maryland Department of Labor to learn more about tax credits for employers: https://www.dllr.state.md.us/employment/taxcreditintroduction.shtml
The State of Maryland also offers several workforce development and training grants through several different departments: https://businessexpress.maryland.gov/grow/workforce/workforce-training-grants
Maryland Department of Commerce
PWQ provides matching training grants and support services targeted to improve the competitive position of small and mid-sized manufacturing and technology companies. Grants are used to increase the skills of existing workers for new technologies and production processes, improve employee productivity and increase employment stability. PWQ offers short-term training only.
The Maryland Department of Commerce offers a variety of resources for funding and other business incentives: https://businessexpress.maryland.gov/grow/funding-and-incentives