*The MOVE program is an innovative approach intended to attract new businesses to Montgomery County. Eligible businesses will receive a one-time grant to offset relocation costs upon signing their first commercial lease within the county.
Companies that lease up to 10,000 square feet (sf) of Class A or B office space for the first time in the county will receive a grant of $8/sf. This represents an increase of $4/sf from the pilot program. All industries (except retail and restaurant) and all leases up to 10,000 square feet are now eligible.
Participation in the program involves 3 simple steps:
- Sign your first 3 year (minimum) commercial lease
- Complete an application
- Mail the completed application along with the supporting documents to: Montgomery County Department of Economic Development, 111 Rockville Pike, Suite 800, Rockville, MD 20850
Supporting documentation includes a copy of the signed lease and evidence of occupancy (i.e., a utility bill). Please see the application for a complete list of required documents.
Applications must be received within 90 days of lease signing.
Once an application is reviewed and approved, the applicant will receive a grant based on the square feet leased. A pre-qualification letter can be issued upon request.
For more information about the MOVE program, email Gene Smith or call him at 240-777-2011.
*The above information has been curated from www.choosemontgomerymd.com.
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