Maryland Department of Commerce Archives

Governor Moore announces grants to boost ‘smart manufacturing’ in Maryland

Posted on September 12, 2025 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week announced that the Maryland Department of Commerce has awarded $180,000 in grants to a dozen local manufacturers to help them adopt “smart manufacturing” technologies aimed at increasing energy efficiency and reducing emissions. The funding was provided through the Maryland MADE grant program, which supports small manufacturers in deploying technologies that lead to lasting improvements […]

Governor Moore announces tax-related incentives to spur economic development through arts, entertainment

Posted on August 28, 2025 by Chris Montcalmo

ANNAPOLIS, MD—Maryland Governor Wes Moore this week announced that four communities have been redesignated as Arts and Entertainment Districts, ensuring they can continue to use tax incentives to spur economic development through arts and tourism. The communities — Berlin, Chestertown, Denton, and Grantsville — were certified for another 10 years in the statewide program. The designation allows for various tax […]

Governor Moore announces third round of Maryland’s Build Our Future grants for economic development

Posted on August 19, 2025 by Chris Montcalmo

ANNAPOLIS, MD—Maryland Gov. Wes Moore on Monday announced that the state will open applications for a third round of its Build Our Future grant program, a key initiative to boost Maryland’s economy through infrastructure projects. The program, which has $7 million in funding for fiscal year 2026, offers matching grants of up to $2 million. The grants are aimed at […]

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Governor Moore joins McLaren leadership in announcing new vehicle processing center at Tradepoint Atlantic

Posted on July 25, 2025 by Chris Montcalmo

BALTIMORE, MD—Maryland Governor Wes Moore announced Friday that British luxury car manufacturer McLaren will establish its first U.S. vehicle processing center at Tradepoint Atlantic in the Port of Baltimore, a project representing more than $10.5 million in investment and expected to create over 20 new jobs. The 50,000-square-foot facility, located at the revitalized former Bethlehem Steel mill site in Sparrows […]

Governor Moore announces $6.95 million in ‘Build Our Future’ grant awards

Posted on June 12, 2025 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week announced $6.95 million in state grants aimed at boosting Maryland’s innovation infrastructure, supporting projects in critical technology sectors from life sciences to clean energy and cybersecurity. Ten organizations across the state were awarded funds through the Build Our Future Grant Pilot Program, part of the Governor’s Innovation Economy Infrastructure Act of 2023. The grants, […]

Bernstein Management Corporation to relocate headquarters to Maryland

Posted on May 19, 2025 by Chris Montcalmo

ANNAPOLIS, MD—A commercial real estate investment and management company is moving its headquarters from Washington, D.C. to Montgomery County, Governor Wes Moore announced on Monday. Bernstein Management Corporation is relocating to Bethesda, where it will occupy a 15,000-square-foot office space. The company plans to move 50 full-time employees to the new space by the end of the year. “We are […]

Maryland craft beverage industry eeceives $2 million boost

Posted on April 30, 2025 by Chris Montcalmo

ANNAPOLIS, MD—Maryland’s craft beverage industry is getting a boost from the state with the announcement of over $2 million in funding awards. Fifty-two applicants across the state will receive funding for expansions, promotions, and agricultural projects, according to a press release from the Office of the Governor. “Maryland’s breweries, wineries and distilleries play a vital role in our state’s economic […]

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Governor Moore announces expanded academic exchange program through new partnership between Salisbury University, Japan

Posted on April 16, 2025 by Chris Montcalmo

TOKYO, JAPAN—Governor Wes Moore has announced an expansion of the academic and cultural exchange program between Salisbury University and the Japan Study Abroad Foundation during his visit to Japan. The expansion aims to bolster existing study abroad programs at Salisbury University, enhancing ties with Aoyama Gakuin University in Tokyo and Aomori University in northern Japan. The partnership will enable students […]

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