Maryland Department of Commerce
State economic development agency that administers financial incentives, grants and loans, workforce training, trade and export assistance, and data tools to attract investment, support business expansion and create jobs in Maryland.
Industries
N/A
Nr. of Employees
small (1-50)
Maryland Department of Commerce
Maryland Department of Commerce, 401 E. Pratt Street, Baltimore, MD 21202
Services
Manage state programs that provide income, property, and other tax credits to qualifying businesses; includes application processing, certification, and monitoring.
Provide grants and conditional loans to support facility expansions, workforce development, research commercialization, and targeted economic projects.
Matching grants and marketing support for companies pursuing international markets, plus trade mission coordination and foreign trade office support.
Publicly available dashboards presenting manufacturing, workforce, transferable skills, and regional economic data for analysis and planning.
Workshops for commercial lenders to increase lending to Maryland businesses by leveraging state and federal finance programs.
Manage state programs that provide income, property, and other tax credits to qualifying businesses; includes application processing, certification, and monitoring.
Provide grants and conditional loans to support facility expansions, workforce development, research commercialization, and targeted economic projects.
Matching grants and marketing support for companies pursuing international markets, plus trade mission coordination and foreign trade office support.
Publicly available dashboards presenting manufacturing, workforce, transferable skills, and regional economic data for analysis and planning.
Workshops for commercial lenders to increase lending to Maryland businesses by leveraging state and federal finance programs.
Expertise Areas
- Economic development program administration
- Tax incentive and credit administration
- Grant and loan program delivery
- Export assistance and international trade
Key Technologies
- Interactive GIS mapping
- Web-based interactive dashboards and data visualizations
- Economic and workforce data analytics
- Online application and certification portals
News & Updates
Announcement of a Global Cyber Analytics Center to be established in a university discovery district with conditional loans and local incentives to support the project.
Press release on a distribution center expansion project in Williamsport with conditional loans and eligibility for state tax credits.
Announcement of a new meal distribution center and associated conditional loan and tax-credit eligibility.
Summary of ExportMD grant awards to small and mid-sized Maryland companies to support international marketing and trade show participation.
Announcement of a Global Cyber Analytics Center to be established in a university discovery district with conditional loans and local incentives to support the project.
Press release on a distribution center expansion project in Williamsport with conditional loans and eligibility for state tax credits.
Announcement of a new meal distribution center and associated conditional loan and tax-credit eligibility.
Summary of ExportMD grant awards to small and mid-sized Maryland companies to support international marketing and trade show participation.