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History

Maryland's economic agency traces its roots to the Bureau of Statistics and Information, created in 1884 to "quantify the state's agricultural, mineral and industrial output, and commerce and transportation networks." The Agency's duties expanded over 125 years to include current role as the state's one-stop economic development shop.

 

1995-
present

Department of Business & Economic Development
Employment services reassigned and focus on job creation and retention.

1987-95

Department of Economic & Employment Development
Merged Departments of Economic and Community Development and Employment and Training.

1970-87

Department of Economic & Community Development
Added social, cultural and fiscal community programs.

1959-70

Department of Economic Development
Merged Business and Industrial Development, Research and Tourist Development and Publicity with the Development Credit Corporation.

1959

Development Credit Corporation of Maryland
Created to provide small business loans.

1949-59

Department of Information
A division of the Hall of Records, it became an independent agency in  to compile data about industry, agriculture, natural resources, recreation, government and history.

1948

Hall of Records Commission

1945-48

Department of Labor and Industry

1916-45

State Board of Labor and Statistics

1892-1916

Bureau of Industrial Statistics

1884-92

Bureau of Statistics and Information

 

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DBED's mission is to create, attract, and retain jobs while promoting Maryland's vibrant cultural economies.
Maryland Department of Business and Economic Development
401 E. Pratt Street, Baltimore MD 21202
1.888.Choose.MD | 410-767-6300
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