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Budget Year / Version:
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Program Description

  Incubator Programs

This NDA provides for facility lease payments, portfolio management services, and program funding for the County's Business Innovation Network (BIN) facilities. The BIN consists of four physical locations: the Silver Spring Innovation Center on Georgia Avenue (owned by the County), the Rockville Innovation Center in Rockville Town Square (owned by the County), the Germantown Innovation Center on the campus of Montgomery College (under lease from the College Foundation until 2036), and the AI Innovation Center located in North Bethesda (under lease). This NDA also supports the National Cybersecurity Center of Excellence in Shady Grove, a partnership between the National Institutes of Technology, the State of Maryland, and Montgomery County.

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Program Contacts

Contact Payne Tarkenton of the Office of Management and Budget at 240-777-2758 for more information regarding the operating budget for the Non-Departmental Accounts.

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Program Budget Changes

FY27 Approved ChangesExpendituresFTEs
FY26 Approved45107543.00
Technical Adj: Personnel Cost Adjustment186960.00
Eliminate: Program Manager Position from Incubator NDA-50344-1.00
Eliminate: Funding for County Incubator Administrator Contract-20000000.00
FY27 Approved24791062.00