Posts In Category


assisted multicare
ProgramsSmall Business

Assisted Multicare Transportation, a non-emergency medical transportation company in Pikesville, is expanding its provided services with help from the State of Maryland. The Maryland Department of Business and Economic Development (DBED) is providing the company a $50,000 loan through the Military Personnel and Veteran-Owned Small Business No-Interest Loan Program (MPVSBLP). Assisted Multicare will

Read More
Breaking NewsDBEDPrograms

The Department of Business and Economic Development (DBED) allocated on Wednesday $11.1 million to seven fund managers across the State to make small business loans. The move was approved by the Board of Public Works Wednesday morning. The Small, Minority and Women-Owned Business Loan Fund receives 1.5 percent of the

Read More
An aerial photo of Sparrows Point in 2012, courtesy of the Baltimore Sun.
Maryland EconomyPrograms

New and expanded Enterprise Zones are being added to the State’s tax credit program,the Maryland Department of Business and Economic Development (DBED) announced today. DBED has approved the designation of the Federalsburg Enterprise Zone in Caroline County, as well as an expansion and re-designation of the Chesapeake Enterprise Zone in

Read More
Innovation & TechMaryland Venture FundPrograms

The Maryland Venture Fund (MVF) has invested $600,000 in Rockville-based Motionsoft, a leading provider of management software to gyms and fitness clubs. The investment comes as part of a $10 million Series B investment round led by Route 66 Ventures and included Edison Ventures as a co-investor. The State of Maryland’s

Read More
AboutAerospace & DefenseArtsBio/Life SciencesBiotech Tax CreditCommunicationsCybersecurityDBEDEducation & ResearchEnergyEnergy & SustainabilityEntrepreneursEventsFinance & Professional ServicesFinance & ServicesHealth & Life SciencesHospitality & RecreationIndustry NewsInformation & TechnologyInnovation & TechInnovation & TechInvestMarylandManufacturingManufacturing & ProductionMaryland Made EasyMaryland Venture FundMinority BusinessMSBDFAProgramsSmall Business

The second annual InvestMaryland Challenge is in full swing. If your business is in need of a jump start, check out this site for more information about the national business competition. The Challenge offers applicants free admission to networking events, social media promotion, scoring and feedback from judges, exposure to venture capital firms and angel investors

Read More
DBEDIndustry NewsManufacturing & ProductionMaryland EconomyMaryland LivingProgramsWorkforce

Whether you prefer them sunny side up or whipped into an elaborate souffle—eggs play a major role in Maryland’s agriculture economy. As May is National Egg Month, the Maryland Department of Agriculture is celebrating the Maryland farms that produce nearly 71 million dozen eggs a year. According to the department, Maryland’s combined

Read More
Business PulseGlobal PulseIndustry NewsInnovation & TechInvestMarylandJob CreationManufacturing & ProductionMaryland EconomyMaryland LivingPrograms

Soaring above the Baltimore skyline, four new 400-foot cranes stand ready to move containers from some of the world’s largest ships. A widened Panama Canal, expected to be completed by 2015, will allow super post-Panamax ships to travel through Central America. The recent crane installation at the Port of Baltimore’s Seagirt

Read More
CybersecurityDBEDFinance & ServicesIndustry NewsInnovation & TechInnovation & TechInvestMarylandMaryland EconomyPrograms

Governor Martin O’Malley on Thursday signed legislation intended to foster Maryland’s cybersecurity industry through a new Cybersecurity Investment Incentive Tax Credit. The governor also signed legislation that modifies the state’s InvestMaryland program to make it easier to negotiate with venture capital firms. The bills represent major priorities of the Maryland Department of Business

Read More
AboutDBEDEntertainmentJob CreationMaryland EconomyMaryland LivingProgramsTourism

Governor Martin O’Malley announced that Media Rights Capital started filming the second season of the Netflix series House of Cards in Maryland. “We are pleased that House of Cards, a critically-acclaimed and ground-breaking series has returned to Maryland,” said Governor O’Malley. “Season One had an economic impact of more than $140 million and

Read More
Bio/Life SciencesDBEDHealth & Life SciencesIndustry NewsInnovation & TechInnovation & TechPrograms

Moscow, Russia and Baltimore, Maryland are separated by language, culture and nearly 6,000 miles, yet similarities emerge within each city’s concentration on the life sciences industry. Thanks to a recently signed memorandum of understanding between Russia’s Pushchino BioTech Cluster and the BioMaryland Center, common ground between life sciences companies in Maryland

Read More