Loudoun County offers up to $150,000 in grant competition for tech companies

Loudoun County’s economic development arm is launching a new competition for companies to win grant money, with up to $150,000 on offer. The county’s Economic Development Authority is rolling out a new “2020 Innovation Challenge” to support the growth of high-tech companies, and encourage them to either locate or expand in Loudoun. The EDA plans to award a first-prize grant of $75,000, and hand out as many as three $25,000 grants as well. The county is already home to a slew of tech giants,…