Program provides access to capital for small, minority, and women-owned businesses BALTIMORE, Md. — Maryland’s Video Lottery Terminal Fund (VLT) has fueled nearly $466 million in economic activity over the last…
Columbia cybersecurity firm announces $3.5 million in funding
Lorraine Mirabella
Bandura Systems, a four-year-old cybersecurity firm based in Columbia and St. Louis, on Wednesday announced an initial round of funding of $3.5 million. Bandura helped pioneer the concept of “threat…
Camoin Associates Welcomes Dan Gundersen as Senior Vice President
Christa Ouderkirk Franzi, CEcD
Economic Development Leader Supports Firm’s National Growth Strategies in New Richmond Office SARATOGA SPRINGS, N.Y. — Camoin Associates is delighted to announce that Dan Gundersen, a senior economic leader for five…
Bank of America Continues Expansion in Baltimore County, With Plans to Add Several Hundred Jobs in Hunt Valley
Karen Glenn Hood
BALTIMORE, Md. — Bank of America, one of the world’s leading financial institutions and the largest bank in the Baltimore region, is planning to add about 600 new jobs at its…
Members’ Corner: Stefani Spector
Sandy Dubay
Name, Title, Organization Stefani Spector, Economic Development Assistant, City of Aberdeen Department of Planning and Community Development Explain your role within your organization …
New Biotech Company, Viela Bio, Launches in Maryland
Karen Glenn Hood
Spin-out of MedImmune’s autoimmunity and inflammation biologics programs will continue development of potential medicines BALTIMORE, Md. — Viela Bio, a newly-formed spin-out of MedImmune, one of Maryland’s largest life sciences companies and…
Howard County-based app offering personalized discounts expands to Baltimore, Towson
Sarah Meehan
MyCustomCoupon, a mobile app with roots in Howard County that tailors discounts to customers based on their needs, is expanding to Baltimore and Towson. Created by Ellicott City residents Ashish…
Projected Impact of Amazon HQ2 to Maryland Exceeds $17 Billion Annually
Karen Glenn Hood
Project would pump $7.7 billion in wages into state’s economy, support 101,000 jobs BALTIMORE, Md. — Amazon’s second headquarters project (HQ2) would contribute $17 billion per year in additional activity to…
USDA Offers Technical Assistance to Preserve Affordable, Rural Multi-Family Housing
Sandy Dubay
Assistant to the Secretary for Rural Development Anne Hazlett announced USDA is seeking applications for grants to help preserve affordable, rural rental housing. USDA plans to provide up to $1 million in…
UMBC’s Freeman A. Hrabowski III gets national education award
Liz Bowie, The Baltimore Sun
BALTIMORE, Md. — Freeman A. Hrabowski III, the nationally known president of the University of Maryland, Baltimore County, has earned a lifetime achievement award from a higher education organization. The…
