USDA is seeking Fiscal Year 2019 applications for projects that promote economic development and create jobs in rural areas. Funding is being provided under USDA’s Rural Economic Development Loan and Grant…
MARYLAND COMMERCE SUPPORTS SMALL, MINORITY BUSINESSES WITH $5.5 MILLION IN FINANCING
Karen Glenn Hood
BALTIMORE, MD (November 19, 2018) – The Maryland Department of Commerce today announced that 12 small and minority-owned businesses have received more than $5.4 million in loans and lines of credit…
REDI Appoints New Executive Director
Sandy Dubay
Rockville Economic Development, Inc. Appoints New Executive Director Cynthia Stewart Assumes Role as Executive Director of Public-Private Partnership on December 3, 2018. The Board of Directors of Rockville Economic Development, Inc. (REDI)…
Tourism Spending Grows In Maryland
Karen Glenn Hood
Visitors spent more than $17 billion in 2017, generated $2.4 billion in state, local taxes BALTIMORE, MD (November 14, 2018) – Visitors to Maryland spent more than $17 billion in calendar…
PERDUE AGRIBUSINESS CHOOSES TRADEPOINT ATLANTIC FOR NEW ORGANIC GRAIN FACILITY
Karen Glenn Hood
Will Create 25 Jobs in Eastern Baltimore County BALTIMORE, MD (November 5, 2018) – Perdue AgriBusiness, a division of Perdue Farms, announced today a $30 million investment to open an organic…
GREY OPS LLC TAPS PATUXENT BUSINESS PARK FOR NEW HEADQUARTERS, MANUFACTURING FACILITY
Karen Glenn Hood
Tech transfer company to add 10 new high-tech jobs BALTIMORE, MD (November 1, 2018) – The Maryland Department of Commerce today joined with the Calvert County Board of County Commissioners and the…
PNC raises a $486M Opportunity Zones fund — and Baltimore is ripe for investment
Holden Wilen
Opportunity Zones are the craze right now and PNC Financial Services Group Inc. is trying to get in on the action. PNC became one of the first financial firms to…
MARYLAND, ISRAEL LAUNCH ENTREPRENEUR PROGRAM TO DRIVE TRADE, INVESTMENT
Barry Bogage, Executive Director, Maryland/Israel Development Center
15-20 Israeli startups will travel to Maryland for training on U.S. market entry BALTIMORE, MD (November 1, 2018) – Maryland and Israel are joining together to launch MarketReach America™, a binational…
MARYLAND COMMERCE ACCEPTING APPLICATIONS FOR BUY MARYLAND CYBERSECURITY TAX CREDIT
Maureen Kilcullen
Program designed to encourage purchases from Maryland cybersecurity companies BALTIMORE, MD (October 31, 2018) – The Maryland Department of Commerce is accepting applications for the new Buy Maryland Cybersecurity Tax Credit,…
Making the Short List: Ten Ways to Position your Community for Site Selection Success
Mary Ford-Naill, Economic Development Manager, City of Frederick
The state of Maryland has been gaining steam as the place to do business in the Mid-Atlantic region. Recently acknowledged as the 10th best economy in the USA, Secretary Pennington…