MARBIDCO Pandemic Adjustment Loan Fund Program Now Open

MARBIDCO

Annapolis (April 8, 2020)….The Maryland Agricultural and Resource-Based Industry Development Corporation (MARBIDCO) has established the Pandemic Adjustment Loan Fund Program to help Maryland’s food and fiber producers, harvesters and primary processors adjust to the business disruptions caused by the COVID-19 pandemic. The program offers low cost loans with flexible terms for working capital or equipment…

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APHENA PHARMA SOLUTIONS PLANS MANUFACTURING EXPANSION, 100 NEW JOBS ON EASTERN SHORE

Amanda Winters

Talbot County business to complete renovations by December 2020 BALTIMORE, MD (April 13, 2020) – Aphena Pharma Solutions, an industry-leading organization that provides packaging and manufacturing solutions for the medical industry, is planning to expand its pharmaceutical manufacturing operations in the Town of Easton. The company, which currently operates within a 110,000 square foot facility…

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USDA Implements Immediate Measures to Help Rural Residents, Businesses and Communities Affected by COVID-19

Sandy Sponaugle

WASHINGTON, April 8, 2020 – USDA Rural Development has taken a number of immediate actions to help rural residents, businesses and communities affected by the COVID-19 outbreak. Rural Development will keep our customers, partners, and stakeholders continuously updated as more actions are taken to better serve rural America. Read the full announcement to learn more about the opportunities USDA Rural…

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Regional public and private industry partners launch the Relief Program Eligibility Wizard to help businesses navigate federal and state financial relief programs in response to COVID-19.

Zach Jones

COLUMBIA, MD (April 8, 2020) – As part of a continued response to the impacts of COVID-19, Howard County Economic Development Authority has collaborated with industry partners, business leaders, and statewide organizations to produce an online tool that allows businesses to more easily identify the state and federal relief resources that they may be eligible…

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Maryland National Capital Region Economic Development Organizations Join Forces with a Focus on Collaboration, Cooperation and Inclusion

Sandy Sponaugle

Baltimore, Md. – Recently, six economic developers serving in Maryland Counties joined to outline their collective commitment to growing a stronger Maryland Capital Region. Anne Arundel, Charles, Frederick, Howard, Montgomery, and Prince George’s counties virtually signed a joint statement on Regional Collaboration. The genesis for the joint statement began in October 2019 when the six Maryland National…

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USDA Rural Development Launches COVID-19 Resource Webpage

Sandy Sponaugle

WASHINGTON, March 27, 2020 – USDA Rural Development has launched a COVID-19 resource page to keep our customers, partners, and stakeholders continuously updated on actions taken by the Agency to help rural residents, businesses, and communities impacted by the COVID-19 outbreak. Visit www.rd.usda.gov/coronavirus for information on Rural Development loan payment assistance, application deadline extensions, and more.

Emergency Suppliers Needed in Response to COVID-19

Sandy Sponaugle

The Maryland Department of Commerce is working closely with the Maryland Emergency Management Agency (MEMA) to organize emergency suppliers of equipment and services that may aid in the response to the COVID-19 crisis. To be added to the list, please take the following actions: FIRST, FILL OUT THE EMERGENCY VENDOR DATABASE FORM If you are…

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GOVERNOR HOGAN ANNOUNCES MORE THAN $175 MILLION FOR BUSINESSES IMPACTED BY CORONAVIRUS

Karen Glenn Hood

Loans, grants, workforce assistance to be offered through Maryland Commerce, Labor BALTIMORE, MD (March 23, 2020) – Governor Larry Hogan today announced that Maryland has allocated more than $175 million to assist small businesses and nonprofit organizations impacted by the Coronavirus outbreak. Up to $130 million in new funding, through the Maryland Department of Commerce, will help…

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Anne Arundel Economic Development Corporation Joins State of Maryland SBA Disaster Application

Rosa Cruz

Annapolis, Maryland – (March 19, 2020) – Today Anne Arundel Economic Development Corporation (AAEDC) Vice President of Finance Steve Primosch announced that AAEDC joined the State of Maryland’s application for an Economic Injury Declaration through the Small Business Administration (SBA).  “In speaking to the SBA, the application is expected to be approved today or tomorrow,”…

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AURINIA PHARMACEUTICALS PLANS NEW U.S. COMMERCIAL OPERATIONS IN MONTGOMERY COUNTY

Karen Glenn Hood

Late-stage clinical biopharmaceutical company bringing up to 500 new jobs by 2027 BALTIMORE, MD (March 17, 2020) – Aurinia Pharmaceuticals Inc., a late-stage clinical biopharmaceutical company based in British Columbia, Canada, today announced plans to open its U.S. commercial operations in Rockville and bring up to 500 new jobs to the region over the next…

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