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Tag Archives: Department of Business and Economic Development

Invest Maryland board takes shape

Gov. Martin O’Malley installed a nine-member board Wednesday to oversee the state’s planned venture capital fund that, if all goes as planned, will pump at least $70 million into young, high-tech companies. “For a modern economy to create jobs we ...

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Board approves study for Maryland horse park

The Maryland Horse Industry Board voted unanimously Tuesday to move forward on the first phase of a viability study for a state horse park. The board approved $8,000 to pay for the study to be conducted through the Maryland Stadium ...

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Maryland “FastTrack” initiative earns praise

Gov. Martin O’Malley earned kudos for the streamlined permitting program he unveiled Thursday from a source that rarely sees eye-to-eye with the Democratic chief executive — the conservative Maryland Business for Responsive Government. “FastTrack” will allow developers to apply online ...

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Maryland to unveil streamlined approval process

Maryland will unveil a streamlined approval process for developers and businesses pursuing large, job-creating projects on Thursday. Gov. Martin O’Malley is scheduled to sign an executive order in Halethorpe to create “Fast Track,” building on steps his administration has taken ...

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Md. trade mission – hotel rooms and great dirt walls

The price of Gov. Martin O’Malley’s trip to Asia this month is slowly trickling out from the state agencies that participated, but the governor’s detractors aren’t yet satisfied. The Department of Business and Economic Development released a $144,086 tab for ...

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Gov. O’Malley says trade mission opened doors

The governor’s trade mission may be over, but it didn’t end without promising Asia with another taste of Maryland. Lin Hwang, who runs J&R Seafood in Cambridge with his father, is sending samples of Chesapeake Bay blue crabs to Chinese ...

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Md. GOP wants full accounting of O’Malley trade mission

As Gov. Martin O'Malley's prepares to travel back to Maryland after 10 days spent drumming up business for the state in Asia, Republican lawmakers are asking for total price tag on the trade mission. "As we are sure you will both agree, in this austere fiscal climate, we must be good stewards of the taxpayer dollar," GOP leaders wrote to Gov. Martin O'Malley and Business and Economic Development Secretary Christian Johansson. The letter was signed by House Minority Leader Anthony J. O'Donnell, R-Calvert and St.Mary's, and the No. 2 Republican in the House, Minority Whip Jeannie Haddaway-Riccio, of the Middle Shore.

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O’Malley, South Korean president discuss Md. trade

Gov. Martin O’Malley went off script Wednesday, visiting the South Korean President Lee Myung-bak during his 10-day trade mission to Asia due to wrap up Saturday. O’Malley met Lee at his official residence, Cheong Wa Dae, or the “Blue House”, ...

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Basu: Maryland must do more to stimulate development

CAMBRIDGE — Maryland’s performance in job creation after the recession has been “extremely disappointing” and the state is not doing enough to stimulate economic growth, a leading economist told a group of economic development professionals Monday. “We have not created ...

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