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Tag Archives: Department of Business and Economic Development

Pared-down Invest Maryland proposal clears House committee

ANNAPOLIS — A pared down version of the governor’s top economic proposal cleared a House of Delegates committee Tuesday, but significant differences remain with the direction senators are taking on the state-run venture fund plan. The approval by the Ways ...

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Md. legislators trimming venture fund proposal

ANNAPOLIS — Lawmakers are slimming Gov. Martin O’Malley’s top economic proposal in response to concerns over the potential cost of his plan to spur growth in high-tech startups with a state-run venture capital fund. The governor is seeking $100 million ...

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Health care, professional services drive job growth

Through the recession and recovery, Maryland’s economy has been bolstered by other industries as manufacturing has waned, a trend that still gives many economic watchers cause for optimism. Health care continued to expand during the recession, adding 7,900 jobs in ...

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Editorial: Balancing act

Gov. Martin O’Malley said repeatedly on the campaign trail in the fall that his top priority was jobs — creating them, retaining them, saving them and enabling businesses in Maryland to feel confident enough to add them to their payrolls. ...

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Some state permitting to be streamlined for businesses

ANNAPOLIS — Gov. Martin O’Malley will announce Friday plans to allow businesses to apply for and monitor review of the litany of permits and licenses required in Maryland, and streamline some application processes that have grown increasingly byzantine. “Small businesses, ...

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Donald C. Fry: Climate change needed for competitive edge

The announcement last April that Northrop Grumman was selecting Virginia over Maryland and Washington, D.C., as the new location for the defense industry giant’s headquarters struck a nerve among Maryland’s media, elected officials and the business and economic development communities. ...

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1,000 workers hired under tax credit plan but questions raised

Lloyd Coates has made steel, guns, airplane wings, parts for landing gear and Styrofoam cups. But he spent most of the last two years out of work, handing out resumes and juggling bills to make ends meet. Of the more ...

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