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Tag Archives: Department of Business and Economic Development

$37.3B budget favors fracking study, biotech and cyber-security firms

Gov. Martin O’Malley’s roughly $37 billion budget proposal to the General Assembly includes an increase in the money allocated for some business-friendly tax credits, $1.5 million to pay for studies into the safety of hydraulic fracturing and puts the state “on the verge” of closing what was once a $1.7 billion structural deficit.

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Natural foods company to expand on Eastern Shore

Protenergy Natural Foods Corp., a Canada-based manufacturer of natural foods and beverage products, has purchased the 67-acre site and 200,000 square-foot building that it currently leases in Cambridge. Gov. Martin O’Malley announced Tuesday that Protenergy plans to hire up to ...

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State takes to YouTube to fight poor business perception

Apparently tired of frequent attacks from Maryland Republicans, who routinely condemn the state's Democratic leadership for developing a business-unfriendly attitude in the state, the state's executive branch has authored blog posts and editorials telling their side.

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2 years later, slots money for minority businesses

A portion of slots money intended to benefit small-, women- and minority-owned businesses is inching closer to being distributed to such companies, nearly two years after Maryland’s first casino opened.

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Hearing set on tax credits for Harbor Point, Alameda developments

Two proposed developments in Baltimore will be the subject of a hearing next month by the Baltimore Development Corp. because developers are seeking Enterprise Zone tax credits in order to build. ...

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