Frederick Innovative Technology Center, Inc.

Frederick, MD

UEI
G9NQSAX5KCP9
CAGE
8P3E4
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
  • Community Development Corporation
Entity structure
Corporate Entity (Tax Exempt)
SAM.gov registration date
Physical address
4539 Metropolitan Ct #262, Frederick, MD 21704, USA
Website
fitci.org
Founded
2004
Employees
1-10
Estimated annual revenue
$1M-$10M
Industry
  1. Health Care
  2. Pharmaceuticals, Biotechnology & Life Sciences
  3. Life Sciences Tools & Services
SIC code
87 Engineering & Management Services
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

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About the company

Frederick Innovative Technology Center, Inc. (FITCI) is a non-profit organization and community development corporation located in Frederick, Maryland, dedicated to supporting entrepreneurship and technological innovation. Registered in the System for Award Management (SAM) since July 2020, the organization focuses on fostering economic development by providing resources and support to startups and small businesses in various technology-driven sectors including tech, biotech, agritech, and renewable energy. FITCI serves as a business incubator that helps emerging companies develop and commercialize new products and services, with a mission of creating economic opportunities and promoting regional economic resilience.

Through federal grant awards, FITCI has secured significant funding from multiple federal agencies to advance its economic development initiatives. The Economic Development Administration (EDA) awarded a $5,796,732 Project Grant in August 2022 to support building renovations for a science and technology business incubator, aimed at creating laboratory and office spaces for tech-based businesses. The Small Business Administration (SBA) provided a $1,000,000 Congressional Grant in July 2023 to support entrepreneurship programs and initiatives in the Frederick area. Additionally, FITCI received a Rural Business Cooperative Rural Enterprise Grant from the Rural Business Cooperative Services. These grants demonstrate the organization's comprehensive approach to supporting small businesses, with funding focused on infrastructure development, entrepreneurship programs, and initiatives designed to attract new industries, create jobs, and enhance regional economic competitiveness across technology-driven sectors.

Quick answers

Is Frederick Innovative Technology Center, Inc. registered in SAM.gov?

Yes. Frederick Innovative Technology Center, Inc.'s SAM.gov registration is active through October 11, 2027.

What is Frederick Innovative Technology Center, Inc.'s most recent federal award?

Frederick Innovative Technology Center, Inc.'s most recent federal grant award is Economic development initiative, community project funding/congressional directed spending awards are authorized… (B24CPMD1047), from Assistant Secretary for Community Planning and Development, on August 13, 2024.

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See Frederick Innovative Technology Center, Inc.'s full federal record

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  • Funding analysis by agency, NAICS and set-aside
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