BRAC Zone designation to spur economic activity in Northeast Maryland Baltimore, Md. (August 1, 2018) – The Maryland Department of Commerce today announced the designation of a new BRAC Revitalization and Incentive Zone in Harford County. Located in Edgewood, Md., the new BRAC zone encompasses land on the north side of the MARC railroad line bordering…
Bruce Leonard from StreetSense delivers Keynote Speech at MEDA Summer Conference
Aphaia Harper
During the MEDA Summer Conference, Bruce Leonard delivered a meaningful keynote address outlining the role Economic Developers should play in the arena of Neighborhood Revitalization. Revitalization is more challenging today than ever before, but…with a universe of exciting opportunities. Today, with the importance of local retail and hospitality businesses, mid to large format tenants are…
18 Maryland Companies Receive ExportMD Grants
Karen Glenn Hood
Maryland Commerce program helps companies promote goods, services globally BALTIMORE, MD (July 26, 2018) – The Maryland Department of Commerce has awarded 18 small and mid-sized Maryland companies with ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program helps businesses finance the costs of marketing internationally, including trade…
Paul Frederick to Locate Headquarters in Baltimore County, Add 70 New Jobs
Karen Glenn Hood
Former Jos. A. Bank executives lead online menswear company BALTIMORE, MD (July 19, 2018) – Paul Fredrick, an online provider of high quality menswear, is moving its corporate office from Pennsylvania to Baltimore County and expects to add 70 new jobs over the next five years. The company plans to lease up to 10,000 square-feet of…
Anne Arundel Economic Development Corporation Celebrates 25 Years of Growing the County’s Business Community, Economy
Sandy Sponaugle
FOR IMMEDIATE RELEASE Anne Arundel Economic Development Corporation Celebrates 25 Years of Growing the County’s Business Community, Economy Annapolis, Maryland – (July 18, 2018) – Anne Arundel County Executive Steve Schuh today joined staff and board members of the Anne Arundel Economic Development Corporation (AAEDC) to mark the organization’s silver anniversary. Mr. Schuh presented a…
FIVE VETERAN-OWNED BUSINESSES RECEIVE $50,000 IN FINANCING
Maureen Kilcullen
The companies received a total of $250,000 from state’s veteran loan program BALTIMORE, MD (July 9, 2018) – The Maryland Department of Commerce today announced that five veteran-owned businesses have received a total of $250,000 in financing through the Military Personnel and Veteran-Owned Small Business No-Interest Loan Program (MPVSBLP), which will help create nearly 40 new jobs throughout…
DATAWATCH SYSTEMS EXPANDS HEADQUARTERS, PLANS 50 NEW JOBS IN MONTGOMERY COUNTY
Maureen Kilcullen
Company will lease 25,000 square-feet at new Bethesda location BALTIMORE, MD (July 5, 2018) – Datawatch Systems, one of the top commercial office security providers in the country, is relocating its headquarters in Montgomery County and adding 50 new full-time jobs over the next four years. The company is moving its operations to a nearby space on…
CRISFIELD NAMED MARYLAND’S NEWEST ARTS & ENTERTAINMENT DISTRICT
Maureen Kilcullen
District Designation is the State’s 26th BALTIMORE, MD (July 2, 2018) – The Maryland Department of Commerce today announced that the City of Crisfield in Somerset County has been designated as Maryland’s 26thArts & Entertainment (A&E) District. The designation took effect July 1, and is the county’s first Arts & Entertainment District. The program is administered…
MARYLAND COMMERCE DESIGNATES NEW ENTERPRISE ZONE IN FREDERICK COUNTY
Maureen Kilcullen
Existing Enterprise Zone in Olde Towne Gaithersburg has been redesignated, expanded BALTIMORE, MD (June 28, 2018) – The Maryland Department of Commerce today announced the designation of a new enterprise zone in Frederick County along the Route 40 corridor known as the ‘Golden Mile.’ In addition, the state has redesignated and expanded the existing enterprise zone…
Maryland Commerce Supports Small, Minority Businesses with $850,000 In Financing
Karen Glenn Hood
BALTIMORE, MD (June 20, 2018) – The Maryland Department of Commerce today announced that three small and minority-owned businesses have received a total of $850,000 in loans, equity investments, and lines of credit through the Maryland Small Business Development Financing Authority (MSBDFA). The businesses will use the funding to support expansions, as well as for working capital and equipment…
