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Agency Overview

Maryland's one-stop economic development shop strives to attract new businesses, stimulate private investment, encourage the expansion and retention of existing companies and provide Maryland business with workforce training and financial assistance. The Department markets local products and services at home and abroad.

Key Programs & Services

• Business information and economic analysis
• Site location services for relocations and expansions
• Incentive tax credits and training grants
• Finance and training programs
• Consulting services
• Foreign direct investment promotion
• Export assistance
• American Recovery and Reinvestment Act assistance

Administration
One of 20 agencies within Maryland's Executive Branch, the Department has 237 employees and an FY2010 budget of $85.6 million.

The Department's objectives are carried out by three divisions:

Business and Enterprise Development

Marketing and Communications

Tourism, Film and the Arts

The Agency has nine boards and commissions. The Division of Administration and Technology provides systems development, data processing and tech support, services and standards to the Department.

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 FY11 Annual Report

Aerospace & Defense
Education & Research
Energy & Sustainability
Finance & Professional Services
Health & Life Sciences
Hospitality & Recreation
Information & Technology
Manufacturing & Production
 
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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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