Wes Moore’s ‘lighthouse’ plan: Will MD businesses stay on course or hit rocks?
Maryland is making deep investments in STEM "lighthouse" industries but still faces a significant hurdle: its reputation as an expensive place to do business.
What does MD economy need? Commerce secretary outlines investment plans
Commerce Secretary Harry Coker highlighted Maryland’s budget plan, private investment growth and "Lighthouse" sectors.
TEDCO invests $500K in College Park-based OmniSpeech
TEDCO announced a $500,000 Pre-Seed Builder Fund investment in OmniSpeech, a company based in College Park.
MCB subsidiary acquires senior living community
MCB Science + Health has acquired a property consisting of assisted living and memory care units in Florida.
BioHub Md., Bowie State partner to implement life sciences training
BioHub Maryland announced a partnership with Bowie State University to provide hands-on experience in biopharmaceutical manufacturing.
Baltimore Development Corporation reports 90% progress on economic strategy
The Baltimore Development Corporation hosted its "Baltimore Together: In Action" Networking Breakfast on May 7, 2025.
MD universities offer support to displaced federal workers
Some Maryland colleges and universities are supporting the state’s population of federal workers who have been displaced amid layoffs.
MD Dept. of Commerce awards $6.95M in ‘Build Our Future’ grants
The Maryland Department of Commerce has awarded grants totaling nearly $7 million through the Build Our Future Grant Pilot Program.
AstraZeneca opens $300M cell therapy site in Rockville
AstraZeneca opened a $300M CAR-T cell therapy facility in Rockville, boosting Maryland's life sciences sector and creating 150+ high-skilled jobs.
MD officials pushing to attract Moore’s ‘lighthouse’ industries
State officials are pushing to showcase Maryland as an attractive home for businesses in what Gov. Wes Moore has dubbed “lighthouse” industries.
Policymakers must protect Maryland’s life sciences industry
Maryland’s biotech industry has been vital to the national COVID-19 response, from developing treatments to improving diagnostic tests. COVID-19 is not the first time our state led the nation’s response […]
New ownership team plans life sciences hub for City Garage
City Garage, an innovation space in Port Covington, will soon undergo major upheaval as it adopts a new ownership structure and anchor tenant Under Armour prepares to leave. The space, […]

















