MARYLAND’S CYBERSECURITY SECTOR HEADS TO RSA™ 2020

Karen Glenn Hood

BALTIMORE, MD (February 24, 2020) – The Maryland Department of Commerce is joining a delegation of Maryland cybersecurity companies, federal agencies, and economic development partners this week at RSA™ 2020. The annual conference, which is taking place in San Francisco, is the nation’s premier information security event and draws more than 40,000 attendees to the Moscone…

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St. Mary’s County Department of Economic Development Launches New Website

Southern Maryland News Net

The St. Mary’s County Department of Economic Development has launched YesStMarysMD.com. This new website is a resource-rich tool for local employers and businesses as well as those looking to make a career move or bring their businesses to St. Mary’s County. Features include tax incentives and site selection, spotlight on targeted industries, links to business…

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Hogan Administration Announces $700,000 Community Development Block Grant to Allegany County; Matching $750,000 Federal Hazard Mitigation Grant

Owen McEvoy

Funding will support relocation of residents out of a floodplain New Carrollton, Md. (February 20, 2020) – The Maryland Department of Housing and Community Development today announced a $700,000 Community Development Block Grant to Allegany County. The funding will be used to purchase land and relocate residents from a portion of the Garden City Mobile Home…

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MARYLAND COMMERCE LEADS LOCAL INNOVATORS TO STARTUP GRIND CONFERENCE

Karen Glenn Hood

Eight local companies were selected to showcase products/services to a global audience  BALTIMORE, MD (February 11, 2020) – The Maryland Department of Commerce this week is leading a delegation of Maryland startup companies to the Startup Grind Global Conference in Silicon Valley, Ca. The conference, which runs through February 12, attracts more than 10,000 entrepreneurs, startups, emerging and…

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USDA Now Accepting Rural Business Development Grant Applications

USDA Rural Development Delaware Maryland

USDA Rural Development in Delaware/Maryland is currently accepting applications for the Rural Business Development Grant (RBDG) program. The deadline for applications is 4:30pm EST, March 31, 2020. All applicants are encouraged to contact their state office to discuss project ideas prior to completing an application. Electronic and hard copy applications will be accepted until the…

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MARYLAND HEALTH IT COMPANY SONAVI LABS WINS PITCH CONTEST AT ARAB HEALTH 2020

Amanda Winters

Baltimore City business will receive free booth at next year’s conference  BALTIMORE, MD (February 4, 2020) – Sonavi Labs, Inc., a medical device and software company, has won the annual Innov8 Talks pitch competition at this year’s Arab Health conference in Dubai. The company presented its debut device – Feelix, a digital stethoscope platform including respiratory…

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PRESS RELEASE: GOVERNOR HOGAN ANNOUNCES FUNDING FOR RESEARCH POSITIONS AT FOUR HIGHER EDUCATION INSTITUTIONS

Amanda Winters

GOVERNOR HOGAN ANNOUNCES FUNDING FOR RESEARCH POSITIONS AT FOUR HIGHER EDUCATION INSTITUTIONS Will Promote Research and Innovation at Leading Colleges and Universities BALTIMORE, MD (January 31, 2020)—Governor Larry Hogan today announced that the Maryland Department of Commerce, Loyola University Maryland, the University of Maryland, College Park; the University of Maryland Eastern Shore, and Washington College have endowed…

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Charles County Economic Development Department Announces Tools for Business Growth Workshop Series

Charles County Economic Development Department

WHITE PLAINS, MD. – The Charles County Economic Development Department (EDD) will hold a Tools for Business Growth Workshop Series from February 11 to May 7 at the Waldorf West Library (10405 O’Donnell Place, Waldorf) from 9:30 a.m. to 1:00 p.m.). Small businesses are crucial to creating a vibrant and successful global community, and this series is…

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TU names McQuown to head up entrepreneurship

Sandy Sponaugle

Patrick T. McQuown joins Towson University as Executive Director of Entrepreneurship. Patrick McQuown, left, joins TU in 2020. Towson University has hired Patrick T. McQuown to lead the university’s entrepreneurship and innovation. As the Executive Director of Entrepreneurship, McQuown will provide a collective strategic vision and direction for entrepreneurship activities at TU. The role is…

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EYE ON THE ECONOMY: AN INTERACTIVE LOOK AT MARYLAND AND THE REGIONAL ECONOMY IN DECEMBER 2019

Towson University Regional Economic Studies Institute

The most recent jobs report showed that between November and December, Maryland gained a total of 6,500 Total Nonfarm jobs, consisting entirely of a change in Total Private jobs with no shift in Government positions. Job gains for 2019 totaled 31,000 jobs, just managing to exceed overall job growth for 2018. The unemployment rate for Maryland decreased to 3.5 percent in…

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