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Programs

Hancock Maryland
Programs

The Maryland Department of Commerce has designated two Enterprise Zones this month, one on the Eastern Shore and another in Western Maryland. The program provides real property and state income tax credits for businesses located in an enterprise zone in return for job creation and investments. The designated Zones encompass

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Cambridge
Maryland LivingPrograms

The City of Cambridge has received a $25,000 grant to re-evaluate and update its economic development strategic plan. The funding is provided by the Community Development Block Grant Program (CDBG), which is administered by the Maryland Department of Commerce and the Maryland Department of Housing and Community Development, and overseen

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International header
InternationalPrograms

Six small and mid-sized Maryland companies have been awarded ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program is administered by the Maryland Department of Commerce and helps businesses finance the costs of marketing internationally, including trade show fees, brochures and travel

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economic-gardening
Finance & ServicesPrograms

Six Maryland companies have been selected to participate in the Advance Maryland program, an initiative that accelerates expansion of second-stage growth companies. Run by the Maryland Department of Commerce and the Economic Alliance of Greater Baltimore (EAGB), the program offers critical, customized strategic information at no cost to selected companies

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International header
InternationalProgramsSmall Business

Seven small and mid-sized Maryland companies have been awarded ExportMD grants to help promote their products and services in the global marketplace. Among the companies included in this round of ExportMD grants is EndoMaster Medical Inc. of Beltsville. “Because of the ExportMD grant, our small company has an excellent opportunity

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Photo courtesy of BigIslandVentures.com
Maryland LivingPrograms

The Town of Centreville will create a strategic plan for economic development with help from the State of Maryland. The Maryland Department of Business and Economic Development (DBED) has approved a $15,000 conditional grant to the Town, through the Maryland Economic Development Assistance Authority and Fund (MEDAAF), to help fund the

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advance md
Programs

The deadline for this year’s Advance Maryland program is quickly approaching. Advance Maryland accelerates expansion of growth companies and offers critical, customized strategic information at no cost to selected companies to help them overcome challenges and take advantage of new opportunities. Maryland companies interested in applying for the economic gardening

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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

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Westminster
Breaking NewsCommercePrograms

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

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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

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