MARYLAND COMMERCE RECEIVES OEA FUNDING TO HELP BUSINESSES COMPLY WITH NEW DEPARTMENT OF DEFENSE REGULATIONS

Maureen Kilcullen

Program designed to inform defense companies, provide resources to ensure data security BALTIMORE, MD (OCTOBER 1, 2018) – The Maryland Department of Commerce has been awarded $515,636 in federal funding from the Department of Defense (DoD) Office of Economic Adjustment (OEA) to assist in-state businesses. Part of OEA’s Defense Industry Adjustment grant program, the funding is…

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Members’ Corner: Emily McCoy

Sandy Sponaugle

Name, Title, Organization Emily McCoy, Assistant to the Director, Kent County Economic Development Explain your role within your organization Support all initiatives of the Director, Economic Development Commission, and economic development initiatives out of each of our incorporated towns. Areas of specialty include maintaining the county’s Commercial Property Database, maintaining the website and social media…

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HCEDA Vice President Receives Cyber Security Industry Honors

Brian Sheavly

Columbia, MD (9/27/2018) – Howard County Economic Development Authority’s (HCEDA) Vice President of Cyber and Innovation, Patrick Wynn, was honored with the InfraGard Members Alliances (IMA) Leadership Award for the Southeast region this past weekend at the Annual Conference in Las Vegas. Wynn, who is Vice President of the InfraGard Maryland Members Alliance (IMMA), was…

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State of Maryland Awards $9.75 Million for Inner Beltway Revitalization

Sara Luell

NEW CARROLLTON, MD  (September 26, 2018) – The Maryland Department of Housing and Community Development announced Fiscal Year 2019 awards for two revitalization programs that support redevelopment in communities within the Baltimore and Capital beltways. The $9.75 million in awards from the Baltimore Regional Neighborhood Initiative and the National Capital Strategic Economic Development Fund will support…

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STATE LEADS DELEGATION TO AFRICA AEROSPACE & DEFENSE 2018, AWARDS EXPORTMD GRANTS TO COMPANIES

Karen Glenn Hood

Five companies are utilizing ExportMD grants to travel to AAD 2018 BALTIMORE, MD (September 19, 2018) – The Maryland Department of Commerce is leading a delegation of six companies this week to Africa Aerospace & Defense 2018 in Tshwane, South Africa, the largest exhibition of its kind on the African continent, held September 19-23. This is the…

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MARYLAND OFFERS SUPPORT TO SMALL BUSINESSES PROVIDING PAID SICK LEAVE

Karen Glenn Hood

Businesses with 14 or fewer employees that provide paid sick leave eligible for Small Business Relief Tax Credit BALTIMORE, MD (September 17, 2018) – Small businesses in Maryland that provide paid sick and safe leave to their employees will soon be able to apply for a refundable tax credit administered by the Maryland Department of Commerce. The…

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Storm Preparation

Brandon Hesson

Following Governor Larry Hogan’s declaration of a state of emergency across the state of Maryland, Dorchester County and the City of Cambridge are expected to enact their own declarations of emergency Monday in preparation for landfall of Hurricane Florence. Expected landfall for the Category 4 storm is still difficult to predict, but forecasters believe there is potential…

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Maryland Commerce Accepting Applications for Cybersecurity Investment Incentive Tax Credit

Maureen Kilcullen

Program designed to encourage investment in Maryland cybersecurity companies BALTIMORE, MD (September 11, 2018) – The Maryland Department of Commerce is now accepting applications for the Cybersecurity Investment Incentive Tax Credit, designed to attract investment in Maryland cybersecurity companies. The cybersecurity tax credit program, which originally provided a tax credit to companies receiving the investment, was…

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Hogan Administration Announces Fiscal Year 2019 Community Development Block Grants

Sara Luell

More than $8 million awarded for public development projects NEW CARROLLTON, MD (September 5, 2018) – Governor Larry Hogan today announced Community Development Block Grant (CDBG) awards for Fiscal Year 2019. The Maryland Department of Housing and Community Development will administer $8,162,455 in CDBG awards for 17 community development and infrastructure projects in 12 counties….

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The Container Store To Open New Distribution Center in Harford County

Maureen Kilcullen

Leading Storage and Organization Retailer Will Add 150 New Jobs in Perryman Baltimore, Md. (September 4, 2018) – The Container Store, Inc., the only national retailer solely dedicated to providing storage and organization products, will build and lease a 600,000 square-foot distribution center at the Eastgate 95 Industrial Park in Perryman. The project is expected to create…

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