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Maryland/DC Celebration of International Trade 2013

International panelists share their expertise on exporting during the Maryland/DC Celebration of International Trade 2013.

Spurred on by an enthusiastic showing at the inaugural event on Tuesday, officials already are planning the Maryland/DC Celebration of International Trade 2014.

“There is a wealth of content. The panelists and speakers are getting the benefit they have hoped for and so are the attendees. It seems to be a real hit,” said Carl Livesay, chairman of the Maryland/DC District Export Council, which orchestrated the day-long informational series on exporting, held in Linthicum Heights.

As only 3 percent of Maryland companies participate in exporting their goods and services, the conference sought to educate businesses on resources to ease market entry.

“The simple truth is most companies don’t know what they don’t know, so when they meet a barrier they don’t know how to handle, they put it away in their ‘too hard’ box. What we’re trying to do is help people wittel away at their ‘too hard’ box,”  Livesay said. “We’re trying to eliminate or at least reduce the barriers of entry for international trade, and demystify it, and also help companies understand how to best leverage the resources available from state and federal government and trade associations.”

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Preakness Maryland

Preakness, a horse racing Maryland tradition, will return this weekend.

The 138th Preakness will return to Pimlico this weekend, and along with the crowds, concerts and large flowered hats, the annual races are expected to generate millions of dollars for Maryland.

Weather permitting (sunny skies are expected Friday, but showers are a possibility Saturday), participation in the 2013 Preakness could significantly outshine last year’s event. According to Preakness officials, up to 40,000 people, representing a 20 percent increase, are expected to attend Black-Eyed Susan Day on Friday. The 13-race program will be paired with Black-Eyed Susan Day’s first-ever infield concert, featuring the Goo Goo Dolls, Rodney Atkins and Rachel Farley. An attendance boost is also expected on Preakness Day on Saturday, with advance tickets already sold out, Preakness officials said.

Attendance at Pimlico has followed an upward trajectory in recent years. Since 2009, attendance during the month of May has risen from 77,850 to a 25-year high of 121,309 in 2012, according to data and tables compiled by the Maryland Department of Economic Development. Along with attendance, between 2011 and 2012, betting on the Preakness stakes nationwide rose 5.6 percent and betting at Pimlico rose 8.3 percent.

The department emphasized the larger economic impact of the races, including boosts to the horse industry, tourist attractions and positive exposure for the state.

IKEA is making good use of the roof on its 1.7 million-square-foot distribution center in Perryville, Maryland.

The Swedish home goods chain recently installed and activated Maryland’s largest rooftop solar power system, with enough generating capabilities to support 359 homes per year, the Washington Business Journal reported.

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GrayBug

GrayBug won the $100,000 grand prize in the life sciences category of the InvestMaryland Challenge.

Entrepreneurs often follow a rough road to success, but on Monday evening, state officials and business sponsors proved there is help along the way.

The first-ever InvestMaryland Challenge culminated with the announcement of the three $100,000 grand prize-winning companies and presentations of in-kind awards worth a combined value of over $125,000. Participating companies represented some of the most innovative early-stage operations from Maryland and beyond.

Find a full list of winners here.

Governor Martin O’Malley, who welcomed grand prize winners to the stage inside the Maryland Institute College of Art’s Brown Center, said he identified with the start-up spirit of contestants.

“I’m an entrepreneur trapped in a public servant’s body. I believe in doing the things that work. I don’t have time for ideology. I don’t like bureaucracy. I’m not into process and I’m not into hierarchy. I’m into doing things that work, less of the things that don’t and putting together common platforms that allow people to come together and collaborate and innovate,” O’Malley said.

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The NSA is headquartered in Fort George G. Meade, Maryland.

The NSA is headquartered in Fort George G. Meade, Maryland.

GovConnects’ upcoming monthly business breakfast will focus on commercial opportunities in Fort George G. Meade, Maryland, a major military installation that includes defense education facilities, U.S. Cyber Command and the National Security Agency.

Presentations are planned beginning at 7:45 a.m. on April 30, at the University of Maryland University College at 6865 Deerpath Road in Elkridge. Tickets, $35 for members and $45 for non-members, are available on the GovConnects website.

Find the flier promoting the event, including the planned guest speakers, below.

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Maryland’s three casinos generated  $58,048,394 in March, with more than 75 percent of total revenue coming from Maryland Live! Casino in Hanover, the Maryland Lottery and Gaming Control Agency announced.

  • Maryland Live! Casino generated $44,613,545 in March, about $348 per slot machine, per day.
  • Hollywood Casino Perryville, which carries both slot machines and table games, generated  $9,486,110 in March, about $225 per slot machine, per day, $3,659 for banking table games and $1,296.94 for non-banking table games.
  • The Casino at Ocean Downs generated $3,948,739 in March, about $159 per slot machine, per day.

Maryland Live! Casino hopes to further increase revenue by introducing table games, which are planned to debut on April 11.

The Baltimore Business Journal reported March’s total revenue as record breaking, as the previous high was $48 million in July 2012.

Additional charts and figures on Maryland’s casinos are available here.

Tiatros

Tiatros is an InvestMaryland Challenge finalist.

Check back for Q&A profiles on all the competition finalists.

The first-ever InvestMaryland Challenge is down to its final round with just 33 companies competing for more than $300,000 in grants and business services. The final winners will be announced during the Governor’s Cup Awards Ceremony on April 15.

One of the companies, selected out of more than 250 applicants, is San Francisco-based Tiatros, founded in 2010. To find out a little more about this innovative company, we spoke with co-founder and CEO Kimberlie Cerrone.

Q. What does Tiatros do, and how would you explain it to the average person?

A. Tiatros connects all of the people and all of the records and clinical information that are needed to coordinate an efficient, timely, cost effective health care process. So, in a nutshell, what we do is create a space on a private and secure mobile cloud where we gather all of the information from a patient’s doctors, no matter where in the world the doctors work, and we allow the doctors to function as an efficient care team. Then we allow the patient, family members and any other caretakers to participate actively in the health care process. Putting different types of medical records together has always been very difficult and expensive and time consuming. We can collect data from a number of different sources, including queries sent directly to the patient and from medical devices the patient might be using. Basically, we’re trying to tackle health care providers’ inability to coordinate health care services, to make heath care faster, better, more accessible and more cost effective.

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BGE Free trees

BGE is offering free energy-saving trees to homeowners. Screenshot shown of interactive tree placement map.

As spring planting season nears, Baltimore Gas and Electric Company officials are reminding homeowners that trees offer much more than a picturesque view out their windows.

When planted in energy-saving locations, trees help customers reduce energy consumption, meet energy efficiency goals, reduce carbon footprints and overall, improve the environment, according to a BGE statement released Monday.

To prove their point, in a partnership with the Arbor Day Foundation and Davey Institute, BGE is donating 9,000 free trees to homeowners, representing a commitment of $300,000.

As part of the Energy-Saving Trees Program, each participant may reserve up to two trees after pinpointing the best areas for planting on this interactive map. Trees are donated on a first-come, first-served basis. Available trees include Serviceberry, American Hornbeam, Flowering Dogwood, American Hophornbeam, Willow Oak, Basswood and Eastern Redbud.

“Heating and cooling typically account for nearly half of a home’s annual energy use and studies have shown that planting the right tree, in the right place, can help customers save up to 30 percent on their energy use throughout the year,” Jeannette M. Mills, vice president and chief customer officer for BGE, said in a statement. “Properly placed trees help keep homes cool by providing shade from the harsh, summer sun and by slowing cold, winter winds. As part of the Energy Saving Trees Program, BGE customers can reserve up to two free trees per customer through an online process, as supplies last.

“By not making employees and clients feel valued, an organization (and its leader) sets itself up for disaster, because, in the end, a company’s most important assets are its people.”

Baltimore management consultant Joe Mechlinski on why businesses fail

Technically Baltimore breaks the news today of an ambitious project to turn disused and dilapidated buildings and lots in East Baltimore along the tracks that carry Amtrak trains into the city into an innovative “Food Hub.”

This entirely new food-oriented campus — The Baltimore Food Hub — would feature farming, production, training and business incubation.

The Food Hub is the sort of community redevelopment project that embraces “localism” as its keystone: encouraging economic development and growth by ensuring that there are opportunities for residents to spend their money inside the neighborhoods in which they live. (In Buffalo, a former Rust Belt city like Baltimore, this approach has been embraced by nonprofit Buffalo First.) It’s also another initiative that city government is backing as part of its goal of bringing healthy food into city “food deserts.”

To that end, a host of major partners—among them the American Communities TrustHumanim,East Baltimore Development Inc.Big City Farms, Historic East Baltimore Community Action Coalition Inc., Woodberry Kitchen and Johns Hopkins—are collaborating on both key components of the whole Food Hub, according to the presentation [PDF] from Heller, who helped launch a similar effort in Philadelphia
and is now working with consulting firm Econsult

There’s much more on the Food Hub at Technically Baltimore.

Harbor East, near the expanded Enterprise Zone. Photo by flickr user Paul Seventy, creative commons licensed.

Harbor East, near the expanded Enterprise Zone. Photo by flickr user Paul Seventy, creative commons licensed.

A time-tested tool for economic development — the Enterprise Zone — is being expanded in central Maryland and on the eastern shore.

Governor Martin O’Malley announced Thursday that the State has approved the expansion of Baltimore City’s existing Enterprise Zone and the re-designation and expansion of the Salisbury-Wicomico Enterprise Zone, enabling these jurisdictions to provide businesses with income and property tax credits to help create and retain jobs.

The Baltimore zone is located in and around Harbor Point, a former brownfields site in the Inner Harbor, the last major undeveloped area on and around the waterfront. In Salisbury, the expansion hopes to “make the Wicomico River a focal point for new developments, attract new tenants to existing commercial properties, and encourage commercial and, industrial developments within the Zone.”

The full news release follows, after the break.

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GovernorOmalleyandDominickSecMurray

DBED’s Dominick Murray and Gov. O’Malley at the launch of the online business registration system. Photo by Dean Storm.

Joined by business owners at new tech incubator Betamore in Baltimore City, Governor Martin O’Malley today unveiled Maryland’s first online business registration system. The Central Business Licensing System (CBL) will allow business owners to register a new business and establish a tax account through a single website: easy.maryland.gov. The system will reduce the time it takes to register a new business from an average of 10 weeks to 5-7 days. It is the latest effort to make it easier to do business in the State through Maryland Made Easy, an inter-agency initiative of the O’Malley-Brown Administration aimed at streamlining regulations and permitting processes for businesses.

“With the launch of Maryland’s first online business registration system, we take another important step forward in breaking down barriers to job creation,” said Governor O’Malley. “Today, we’re officially launching another tool for more efficient, more streamlined government; a tool for easing the administrative burden on businesses and therefore helping entrepreneurial Marylanders create jobs and expand opportunity.”

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