Montgomery County Council Appropriates $250,000 in Funding for the Maryland Tech Council to Bolster Efforts of MTC’s Business Continuity Task Force Within the County
Jul 14, 2020•about 5 years ago
Amount Raised
$250,000
Description
The Maryland Tech Council (MTC) announces today that it will receive $250,000 in funding from Montgomery County to continue to assist tech and life science entrepreneurs in Maryland who are navigating the economic downturn due to COVID-19 through the organization’s Business Continuity Task Force (BCTF). Comprised of experienced business leaders who have led companies through financial crises such as the 2008 Recession, the MTC’s BCTF expects to assist more than 85 Montgomery County businesses over the next year.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech