Maryland Department of Business & Economic Development


State-level economic development office and public-private marketing partnership that coordinates business attraction and marketing, workforce and talent programs, data and site-selection tools, incubator and startup support, sector promotion (life sciences, aerospace, advanced manufacturing, cybersecurity) and trade/FDI activities.

Industries

N/A

Nr. of Employees

small (1-50)

Maryland Department of Business & Economic Development


Services

Centralized advertising and outreach campaigns to attract companies and talent; managed through a public-private partnership model.

Web-based demographic, workforce and mapping tools to support site selection, comparisons and economic research.

Connections to incubators, co-working, workshops, mentoring and short-term residency programs for early-stage companies, including sector-focused programs.

Develop and promote vocational and technical training programs in partnership with universities and industry to produce certified technicians and address regional workforce shortages.

Information, programs and mission coordination to help companies access export markets and connect with international partners and investors.

Manage or support seed-stage competitions that award prize funding, incubator memberships and other resources to high-potential early-stage companies.

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Expertise Areas

  • Economic development and business attraction
  • Workforce development and vocational training
  • Startup incubation and seed-stage competitions
  • Advanced manufacturing and Industry 4.0
  • Show More (6)

Key Technologies

  • GIS and site-selection mapping tools
  • Cloud-based workforce and talent portals
  • Unmanned systems and UAS platforms
  • LiDAR and autonomous-vehicle sensing
  • Show More (5)

News & Updates

Summary of Maryland companies named to the Inc. 5000 and top-ranked fast-growing companies in 2025; includes county-level distribution and growth statistics.

Coverage of installation and commissioning of a high-speed, nine-color metal printing line at a Maryland manufacturing facility and its impact on automation and production capacity.

Report on the opening of a major advanced development center for satellite communications R&D and anticipated local workforce growth.

Overview of statewide research, testing facilities, university projects, and state strategic framework supporting connected and autonomous vehicle R&D.

Summary of Maryland companies named to the Inc. 5000 in 2019 and highlights of top-ranked local growth companies.

Summary of a pitch competition and onboarding process connecting international cybersecurity firms with a local incubator and market-entry resources.

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