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November 14, 2013 (Baltimore, MD) – Governor Martin O’Malley announced today that EnerTech Capital Partners and Foundation Medical Partners (FMP) have been selected to receive funds through the State’s $84 million InvestMaryland program. The venture capital firms will invest $10 and $7 million each in young, innovative Maryland companies. As

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November 13, 2013 (Baltimore, MD) – As the deadline draws near for applications for the second annual InvestMaryland Challenge, the Maryland Department of Business and Economic Development (DBED) announced today that the national business competition has already secured more than $600,000 in awards for its winners. Companies will compete in

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With a projected increase in holiday shopping and a recovering housing market, Maryland’s economic outlook has multiple positive highlights, according to Regional Economic Studies Institute Executive Director Dr. Daraius Irani. Irani presented RESI’s findings during the 2013 Economic Outlook Conference, the organization’s premier event, held at Towson University last week. Maryland

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Maryland’s economic future is bright, thanks in part to a recent resurgence in the state’s film industry and the attraction of some blockbuster television series. The 2013 Regional Economic Studies Institute’s Economic Outlook Conference, held at Towson University on Nov. 6, showcased industry developments and presented a solid case for

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When it comes to finding a job, military veterans fare better in Maryland than in most states. According to the U.S. Department of Veterans Affairs, an estimated 435,000 veterans make their home in Maryland and a total of 21.1 million in the United States. The veteran population in Maryland is

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A maze of often-inconsistent business rankings and statistics can make it difficult to gain a clear picture of Maryland’s business climate. To cut through the fog, longtime commentator Dan Rodricks of Midday on WYPR turned to Maryland Department of Business and Economic Development Secretary Dominick Murray and president and CEO

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Military construction projects in Maryland have amounted to over $1.5 billion in spending over the past three fiscal years—but not all of those projects were awarded to in-state companies. In fact, in fiscal year 2013, only 34 percent of the contracts went to Maryland-based companies, officials said on Tuesday, during the

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Now is the time for Maryland companies to consider doing business in Africa. Just ask Jessica Reynolds, an international investment and trade specialist with the Maryland Department of the Business and Economic Development, who is now working with several state agencies, county governments and companies to foster increased exports to

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Women’s feet are getting bigger, big enough that it’s rocking the American shoe industry. But that’s not why Karen Williamson, back in 2005, started her online shoe company. She started the company because her teenage daughter, Tess, was wearing flip-flops in six inches of snow outside her Boston boarding school.

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Tax relief is coming to Maryland employers—beginning on Jan. 1, 2014, the state’s unemployment insurance tax is being reduced by up to 70 percent, Governor Martin O’Malley announced Wednesday. “Progress doesn’t happen by chance, but by the choices we’re making together to build a strong, growing and resilient economy,” O’Malley said

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