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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 three 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), and the Germantown Innovation Center on the campus of Montgomery College (under lease from the College Foundation until 2036). 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 Julie Knight of the Office of Management and Budget at 240-777-2760 for more information regarding the operating budget for the Non-Departmental Accounts.

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Program Budget Changes

FY26 Recommended ChangesExpendituresFTEs
FY25 Approved24375843.00
Enhance: Entrepreneurship Ecosystem Support (technical assistance, educational programs, etc.)12000000.00
Enhance: Coaching and Mentoring Support for Entrepreneurs 8000000.00
Increase Cost: Annualization of FY25 Personnel Costs1301480.00
Increase Cost: FY26 Compensation Adjustment219880.00
FY26 Recommended45897203.00