Maryland Department of Commerce Archives - Page 2 of 10

Key Bridge Collapse Container Removal 20240407

Governor Moore announces Port of Baltimore Worker Support Program to provide temporary cash assistance for eligible workers

Posted on April 19, 2024 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore on Friday announced the start of the Port of Baltimore Worker Support Program, which will provide temporary cash assistance to eligible workers who have lost income and work hours due to the Francis Scott Key Bridge collapse. The $15 million program, established through executive order and authorized by the Maryland Protecting Opportunities and Regional Trade (PORT) […]

Maryland announces $12.5 million grant program to help Port of Baltimore retain workers following Key Bridge collapse

Posted on April 16, 2024 by Chris Montcalmo

BALTIMORE, MD—The state of Maryland has announced a $12.5 million grant program to help businesses at the Port of Baltimore retain workers impacted by the recent Key Bridge collapse. The Port of Baltimore Worker Retention Program will provide grants to eligible businesses that can demonstrate an effort to avoid layoffs and maintain their workforce at the same hours, rates of […]

Governor Moore Speaking on Stage for Blink

Blink Charging to relocate headquarters, build new production facility in Maryland

Posted on March 12, 2024 by Chris Montcalmo

BOWIE, MD—Electric vehicle charging company Blink Charging plans to relocate its headquarters to Maryland, Governor Wes Moore announced this week. The company will also build a new production facility in Bowie. The new development will include 15,000 square feet of office space at 17301 Melford Boulevard in Prince George’s County and a 30,000 square foot manufacturing plant at 5081 Howerton […]

Maryland’s ‘Be Moved’ campaign aims to attracts young professionals

Posted on March 7, 2024 by Chris Montcalmo

BALTIMORE, MD—The state of Maryland has launched a new effort to attract young high-tech professionals and college students to the state. A new component of the department’s ‘Be Moved’ campaign will promote Maryland as a place where to live, work and thrive, featuring testimonials from young professionals who share their experiences of living in the state. The new ‘Be Moved’ […]

Maryland’s new HUBZone designations open doors for small businesses

Posted on February 23, 2024 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week announced that Maryland is better positioned to compete for federal contracts for small businesses located in historically underutilized areas thanks to new HUBZone designations. The designations are a result of the governor’s office submitting a petition to the U.S. Small Business Administration, which allows the state to choose areas in need of economic development. […]

Maryland Department of Commerce incentives support nearly 10,000 jobs in FY 2023

Posted on February 4, 2024 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore has announced that Maryland Department of Commerce finance and tax incentive programs helped create and retain 9,725 direct jobs in Maryland during FY 2023. More than 780 business recipients utilized the department’s programs over the year, investing nearly $166 million of private capital into projects across the state. “One of our top priorities is making Maryland […]

Governor Wes Moore Maryland Minority Business Counts

Governor Moore delivers keynote address at Maryland Minority Business Counts event, tours Coppin State University’s new College of Business

Posted on October 26, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week delivered the keynote address at the Maryland Minority Business Counts “Engage and Elevate” event at Coppin State University. The governor was joined by Comptroller Brooke Lierman; Maryland Department of Commerce Secretary Kevin Anderson; and Maryland Department of General Services Secretary Atif Chaudhry. Also in attendance was Governor’s Office of Small, Minority, and Women Business […]

Governor Moore announces record federal funding to support international efforts for Maryland small businesses

Posted on October 19, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week announced that the Maryland Department of Commerce has received a $750,000 grant from the U.S. Small Business Administration to broaden the state’s international reach and help companies create jobs and access new foreign markets. The funding is the highest single award that the department has ever received through the State Trade Expansion Program, which […]

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