Grant opportunity · Prince George's County Economic Development Corporation

Economic Development Incentive (EDI) Fund

$7 – $11,000,000 per award

About this opportunity

The Economic Development Incentive (EDI) Fund is a multi-year, $50 million fund administered by Prince George's County and managed by FSC First in partnership with the Prince George's County Economic Development Corporation (EDC). The fund provides loans and, in exceptional cases, grants to businesses and development projects that grow the county's commercial tax base and create jobs. The program aims to expand the county's commercial tax base, retain and attract jobs, support small, local, and minority businesses, and promote development in transit-oriented and strategic areas. It targets strategic industry clusters including federal government contractors, hospitals and health services, information technology services, and research-intensive technologies. Loans have a minimum of $250,…

Who may apply

for-profit, non-profit

Deadline

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