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Tag Archives: Maryland Department of Business and Economic Development

House approves $25M tax credit for film production

ANNAPOLIS  — The Maryland House of Delegates has approved more than tripling a tax credit for film production to $25 million for the next fiscal year. The House voted 108-31 on Tuesday for the measure, sending it to Gov. Martin ...

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Lawmakers close meeting on InvestMaryland bill

A Senate work group held a closed-door meeting Monday to pore over the details of legislation that would alter Maryland’s $84 million venture capital program.

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Senate panel confirms Murray as DBED secretary

ANNAPOLIS — The new secretary of the Maryland Department of Business and Economic Development has been confirmed by the Senate Executive Nominations Committee. The department announced Thursday that Dominick Murray will be sworn in by Gov. Martin O’Malley on Feb. ...

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71 start-ups move forward in InvestMaryland challenge

Malware cop Light Point Security, social networking expert SocialToaster and video app specialist Cut2it are among 71 startup companies that have made it to the next round of judging in the inaugural InvestMaryland Challenge, the Maryland Department of Business and Economic Development announced Wednesday.

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Testing company Prometric to bring 100 jobs to White Marsh

Baltimore-based Prometric, which administers professional licensing and other testing services for about 400 clients worldwide, will open a $12 million hub in White Marsh that will coordinate the company’s operations, officials announced Wednesday.

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Frederick gives $100K to help Wells Fargo expand

FREDERICK — Frederick County is giving $100,000 to help Wells Fargo expand in the area, saying the company has many jobs. The Frederick News-Post reports the county is giving a 10 percent match to a $1 million fund for the ...

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Lower Shore development agency gets new HQ, seeks to boost small business

SALISBURY — Maryland’s secretary for business and economic development rallied Lower Shore leaders behind a state venture capital initiative that seeks to invest millions of dollars into companies and entrepreneurs with innovative ideas. The state is poised to award a ...

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Millennial Media enters state incubator hall

Eight Maryland companies were honored Thursday at the state’s Incubator Company of the Year awards, with mobile phone ad firm Millennial Media Inc. entering the hall of fame. “Getting success out into the public awareness is important for the entrepreneur ...

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State pins winners in business pitch contest

A picture might be worth 1,000 words, but it’s also worth a MacBook Air and an iPad. Gov. O’Malley’s office announced Thursday the winners of the state’s first Pinterest business pitch contest. Using Pinterest, a social media website where users ...

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Marsh joins GKV as vice president

John Marsh has joined GKV as vice president, director of client digital services. Marsh will help enhance and evolve GKV’s current strategy of providing fully-integrated marketing plans including digital components based on client needs. Those services include website/e-commerce design and ...

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