21 MARYLAND COMPANIES RECEIVE EXPORTMD GRANTS
Maryland Commerce program helps companies promote goods, services globally
BALTIMORE, MD (March 21, 2017) – The Maryland Department of Commerce has awarded 21 small and mid-sized Maryland companies ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program assists businesses finance the costs of marketing internationally, including trade show fees, brochures and travel expenses. Applications are accepted on a bi-monthly basis and the next application deadline is April 1, 2017. Eligibility requirements can be found on the Commerce website.“Through this innovative program, companies will see a marked increase in sales, which will enable them add new jobs and expand their line of products and services,” said Governor Larry Hogan. “In our global economy, it is critical to provide the necessary resources to give Maryland businesses every advantage possible to grow and thrive.”
“This year alone, we have helped dozens of Maryland companies attend high-profile international trade shows that they may not have been able access without the funding provided by the ExportMD program,” said Commerce Secretary Mike Gill. “I encourage all Maryland companies are looking to connect with global customers to learn more about the funding and guidance offered by the ExportMD program.”
Earlier this month, five Maryland companies that had received ExportMD grants were part of a delegation led by Maryland Commerce to Avalon 2017, the Australian International Airshow and Aerospace & Defense Exposition. Avalon is one of the most prestigious aviation and aerospace events in the Southern Hemisphere, with more than 600 exhibitors and 150 delegations at this year’s event. The Maryland delegation included Maryland Aerospace, Inc. (Anne Arundel County); Mitigation Technologies (Baltimore City); Garrett Container Systems, LLC (Garrett County); FiberPlex Technologies and TCOM, L.P. (Howard County).
“This tradeshow has been well worth our time and investment as we look to grow our business in the Australian aerospace market,” said Cynthia Peters, partner and CFO for FiberPlex Technologies. “I’m confident that the new leads we generated will lead to increased sales for FiberPlex and potential new jobs in Maryland. The timing cannot be any better and we appreciate all the support that we have received from our partners at Maryland Department of Commerce and its international team.”
“Garrett Container Systems is grateful for the opportunity to participate in the Maryland booth at the Avalon Airshow,” said Jim Diven, vice president of business development for Garrett Container Systems, Inc. “It was a successful week for Garrett Container, as we generated numerous new leads and prepared to sign a reseller agreement with Sea Box International of Fyshwick ACT Australia.”
Established in 1999, the ExportMD program provides matching grants up to $6,000 as well as up to 40 hours of marketing consulting from Commerce’s Office of International Investment and Trade. ExportMD is funded in part through a Cooperative Agreement with the U.S. Small Business Administration, which awarded a $777,579 State Trade Expansion Program (STEP) grant to Maryland Commerce last year to help fund the program.
Maryland’s Office of International Investment and Trade works to stimulate foreign direct investment in the state, offers export assistance, and coordinates international trade and investment missions and trade show opportunities for Maryland companies. The state has 11 foreign trade offices, including Canada (Montreal), China (Shanghai), Taiwan (Taipei), South Korea (Seoul), Africa (Nigeria), Mexico (Mexico City), Brazil (Sao Paulo), France (Paris), Israel (Tel Aviv), India (Delhi), and the United Arab Emirates (Dubai).
February-March 2017 ExportMD grant recipients
Anne Arundel County
Maryland Aerospace, Inc.
Regal Decision Systems, Inc.
MET Laboratories, Inc.
Mobile Resources Group LLC
United World Technologies
Batching Systems, Inc.
Booker DiMaio, LLC
Fiberplex Technologies, LLC
RB Tec Inc.
Prince George’s County
St. Mary’s County
Surveillance & Cyber Security Solutions
About Maryland Commerce
The Maryland Department of Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State’s many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Because they are major economic generators, the Department also supports the Arts, film production, sports and other special events. For more information, visit commerce.maryland.gov.
Karen Glenn Hood
(410) 767 – 6318