Governor Wes Moore and the Maryland team recently unveiled new federal funding aimed at the DefTech Center in Maryland. This financial support, amounting to $585,463, is intended to strengthen innovation and economic growth in the defense sector by facilitating startups and small businesses access to federal resources and laboratories. Through this program, Maryland aspires to become a key player in transforming defense technologies into innovative commercial solutions while supporting the national defense mission.
Governor Wes Moore recently announced, in collaboration with the Maryland congressional delegation, new federal funding amounting to $585,463 for the DefTech Center in Maryland. This center, established in 2018, aims to connect startups and entrepreneurs with federal resources to facilitate the commercialization of defense technologies. With this new funding, the program aims to support 30 startups in developing innovative products and strengthen ties between industry and federal laboratories, thus opening up new opportunities for the defense sector in Maryland.
Governor Wes Moore, in collaboration with the Maryland congressional delegation, recently unveiled significant federal funding for the DefTech Center. This center has been established to strengthen the economy and promote innovation within the defense sector in Maryland. With a total funding of $585,463, part of which comes from the U.S. Department of Defense, the program aims to support small businesses and startups in commercializing their technologies and products. This development is part of a broader strategy aimed at energizing the local industry and creating opportunities.
A program dedicated to innovation and startups
The DefTech program, founded in 2018, establishes connections between entrepreneurs and federal resources, allowing startups to access federal laboratories and benefit from specialized expertise. By supporting the transition of defense technologies to the commercial market, the program encourages young companies to develop innovative solutions that meet sector needs. The center’s activities aim to foster an economy based on innovation while supporting the mission of national defense.
A promising future through federal support
With the continuation of this program, the DefTech Center hopes to increase the number of engaged startups, offering opportunities for technical assistance and essential resources to navigate the business landscape. Federal support, in partnership with the Maryland Department of Commerce, represents an invaluable opportunity for local businesses to grow and explore new avenues for their growth. The Maryland team, under the leadership of Governor Moore, is actively working to establish a more inclusive and sustainable ecosystem for entrepreneurs.
