Welcome New Sponsor and Member: Maryland Department of Commerce

Welcome New Sponsor and Member: Maryland Department of Commerce
21 Jun 2017

The Maryland Department of Commerce works with a diverse set of partners across the State, country and world to stimulate business growth and job creation in Maryland. Commerce representatives connect with members of the business community to assess immediate needs, long-term trends, and troubleshoot issues that arise. The Department offers a variety of financial assistance programs that can provide loans and loan guarantees, incentivize large-scale capital investments, and support other business activities.

Commerce also has global representatives that work to attract businesses to Maryland and help connect Maryland businesses with overseas partners. The International Investment and Trade Department provides support to Maryland companies planning to enter new foreign markets or advance export sales. The Department has, in recent years, organized trade missions to China, France, England, South Korea, and Japan.

Maryland is a natural launch pad for foreign companies looking to establish a U.S. location, given its proximity to Washington D.C.’s international community, access to three international airports, and the State’s diverse and highly-educated workforce. Maryland is home to more than 400 research centers and 50 federal agencies, including the National Institutes of Health, the Food and Drug Administration and the National Institute of Standards and Technology, as well as world-renowned higher education institutions like the U.S. Naval Academy and two of the top 50 universities worldwide: the University of Maryland and Johns Hopkins University. Our world-class Port of Baltimore is the closest East Coast port to the U.S. Midwest.

For more information about the Maryland Department of Commerce, visit commerce.maryland.gov