Maryland Gov. Larry Hogan announced changes to his Cabinet Thursday morning as he heads into his final year as governor. Kelly Schulz, a fellow Republican who announced last spring that she would run for governor in 2022, is stepping down as secretary of the Maryland Department of Commerce and will be replaced by Mike Gill, […]
Maryland retains strong assets that can make it a hub of startup economic activity, despite the recent setbacks suffered by the state agency designated to spur that innovation. Stakeholders have had mixed reaction to legislation that created oversight at TEDCO, the Maryland Technology Development Corporation, and the departure of some of the agency’s top leaders. But […]
A Gaithersburg-based vaccine company is planning to expand its local operations and create as many as 850 new jobs, state officials announced Wednesday. Novavax, which already has 400 full-time employees, signed a lease last month for 150,000 additional square feet of space in Gaithersburg to expand its laboratory and manufacturing operations. The company is working […]
Maryland's newly minted Commerce secretary says he believes the General Assembly will consider reducing corporate income taxes in the state when it reconvenes early next year.
GraftWorx, a Bel Air medical device company that’s developing a system to link medical implants such as grafts or stents to the smartphones of clinicians, has received a $500,000 investment from the Maryland Venture Fund, state officials announced Tuesday. The goal of the technology is to improve treatment of peripheral artery disease and help patients […]
Gill spoke to reporters Thursday about the company and the possibility that the company might leave it's Hunt Valley location possibly in Delaware or Virginia. The thought clearly left a bad taste in his mouth.