Maryland Opportunity Zone Information Exchange Wins National StateScoop50 Award

Owen McEvoy

Project is recognized as State IT Innovation of the Year ANNAPOLIS, Md. (May 7, 2019) – The Maryland Department of Housing and Community Development’s Maryland Opportunity Zone Information Exchange was recently recognized as the State IT Innovation of the Year at the StateScoop 50 awards, beating out more than 40 other nominees from across the country.  The…

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Local and state officials announce website to assist Luke Mill displaced workers

Sandy Sponaugle

Today, officials from the states of Maryland and West Virginia, and from Allegany, Garrett and Mineral Counties announce the creation of workforceallegany.com. The site is dedicated as a centralized location for all updates regarding programs and events to assist those affected by the Verso Corporation’s recent decision to close the Luke, Maryland mill. Since the April…

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MARYLAND COMMERCE LAUNCHES DATABASE OF MILITARY AND FEDERAL STEM PROGRAMS

Maureen Kilcullen

Interactive website connects students to internships and apprenticeships across the state BALTIMORE, MD (May 6, 2019) – The Maryland Department of Commerce has announced the launch of STEMConnect, an interactive database of educational, internship, and apprenticeship opportunities in federal agencies and military installations throughout Maryland. The database, which was created by Maryland Commerce’s Office of Military and Federal…

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University of Vermont Health Network Ventures AND WILSON SONSINI GOODRICH & ROSATI Invest in BioFactura, Inc.

Darryl Sampey, Ph.D., CEO

Frederick, Maryland, April 29, 2019:  The University of Vermont Health Network Ventures and legal firm Wilson Sonsini Goodrich & Rosati recently invested in BioFactura’s $6M Series B Financing Round. “With the commitment from the UVM fund and WSGR, BioFactura is now securing value-added institutional investors who bring significant financial and business resources to bear as…

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Maryland Department of Housing and Community Development Hosts Inaugural Maryland Youth Homelessness Symposium

Owen McEvoy, Director of the Office of Public Information

Two Day Event Connects Service Providers and Local Governments ANNAPOLIS, Md. (May 3, 2019) – The Maryland Department of Housing and Community Development this week kicked off the inaugural Maryland Youth Homelessness Symposium, held May 1-2 at the Westin Hotel in Annapolis. “Homeless youth are a critically under-noticed and under-served demographic of a population that…

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St. Mary’s wins regional ag center project

Sandy Sponaugle

St. Mary’s County will be the home of the new Regional Agricultural Center, capping a nearly two-decade-long effort to provide the region’s nascent livestock industry with key infrastructure that it needs to reach new customers across the state and region. Eddie Bowling, chair of the Southern Maryland Agricultural Development Corporation, announced the winner Thursday morning…

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Regional economic development strategy unveiled

Paul Lagasse

The Charles County commissioners have approved a memorandum of understanding among the three Southern Maryland counties to undertake an economic development strategy to boost small business startups. The county commissioners of Calvert and St. Mary’s counties will be asked by their respective economic development departments to also approve the MOU in the next few weeks….

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Maryland Economic Development Association announced winners of 2019 MEDA Awards

Sandy Sponaugle

BALTIMORE — The Maryland Economic Development Association (MEDA) announced the recipients of the 2019 MEDA Awards, which celebrates the people, programs and projects that are transforming lives across the State of Maryland. MEDA Awards showcase efforts to attract new businesses, assist existing businesses, redevelop business districts, market communities and support economic development throughout the state. “We…

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A Birds-Eye-View of Maryland Economic Development

Aphaia Harper, Howard County Economic Development Authority

In July 2018 I completed MEDA’s Basic Economic Development Course in Baltimore, MD where I had the opportunity to learn basic practices around economic development, participate in a case study focused on the site location process, and attend the Maryland Economic Development Association (MEDA) Summer Conference. The course provided me a bird’s-eye view of the…

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