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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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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

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Dozens of entrepreneurs—ranging from seasoned business leaders to first-time startup launchers—sat down to breakfast together this week in Baltimore.  The Maryland Entrepreneur Breakfast, sponsored by the Maryland Department of Business and Economic Development, honored Maryland’s Inc. 500 I 5000 fastest-growing private companies and showcased representatives of the state’s vibrant and

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A new Amazon facility is expected to bring a major economic boost to Baltimore and the surrounding area. By the end of 2015, the Internet retailer plans to build a 1 million-square-foot fulfillment center in place of a former General Motors plant in Southeast Baltimore. The facility will create more than 1,000 full-time jobs. “[Workers] can

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Greg Cole is director of the Office of Finance Programs for the Maryland Department of Business and Economic Development.  While much of the federal government is shut down, the State of Maryland remains open for business. Governor Martin O’Malley has issued a directive for state agencies to assist businesses suffering from

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Take a closer look at your cocktail sauce. Especially if you’re eating it at a Maryland restaurant, Philip Tulkoff is going to bet some component of that horseradishy condiment passed through his factory before arriving on your plate. “We’re used by all the major food service distributors right here in

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Full-time college and university students are eligible for free admission to the CyberMaryland 2013 conference, Oct. 8-9 at the Baltimore Convention Center. Students must register online by Oct. 1, and use the case sensitive code UMstudent to receive complimentary admission. The normal discounted rate for full-time students is $55. Governor Martin O’Malley launched CyberMaryland in January 2010 to support the

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Baltimore, already a hotbed for innovation, will soon host a new batch of health information technology startups. DreamIt Health Baltimore—a partnership of DreamIt Ventures, Johns Hopkins University and BioHealth Innovation, Inc.—is now accepting applications from health care sector startups around the world for a chance to grow their businesses in Baltimore. Similar programs have

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In recent years, Maryland families have consistently topped the nation in household income. Stateline, a daily news service of the Pew Charitable Trusts, released an interactive map and chart on Thursday, which details median household income by state between 2008 and 2012. Despite a national decline, Maryland continued to rank

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Nancy McCrea is the Director of Research and Information Services for the Maryland Department of Business and Economic Development. A strong science, technology, engineering and mathematics (STEM) workforce is critical to sustaining innovation and increasing Maryland’s economic prosperity. However, until recently, the definition of STEM lacked standardization, making regional comparisons of

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