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Maryland launches tax credit program for early-stage companies

October 28, 2021

The Maryland Department of Commerce has launched a program of tax credits designed to help foster the growth of the state’s technology sectors by incentivizing investment in early-stage companies. The Maryland Innovation Investment Tax Credit program, which has $2 million in funding for fiscal year 2022, will also help increase overall investments in current and emerging tech sectors, and boost the number of individual investors in Maryland tech companies, state officials hope.

Article Source: The Daily Record

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