Maryland Department of Commerce Archives - Page 2 of 9

Governor Wes Moore Keynote Address Veteran Entrepreneurs 20230509

Governor Moore announces $10 million Build Our Future innovation infrastructure pilot program

Posted on October 6, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week announced the launch of the Build Our Future grant program, a financial resource for innovation infrastructure projects to support eligible technology sectors. Funded at $10 million, the pilot program will provide matching grants of up to $2 million to projects that demonstrate a transformative impact in accelerating growth and innovation in the state’s strategic […]

Maryland State Arts Council MSAC Baltimore City

Governor Moore announces record investment in Maryland arts organizations through Arts Relief initiative

Posted on September 24, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore has announced a record investment in Maryland arts organizations through the state’s Arts Relief initiative. Through $40 million in supplemental funding added to the Maryland State Arts Council’s annual appropriation of $28.9 million in FY23, this record investment is helping arts organizations cope with the lasting financial impacts of the pandemic, spurring arts projects and employment […]

Governor Moore announces second round of funding for Maryland Manufacturing 4.0 Program

Posted on August 9, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week announced the fiscal year 2024 funding to support the Maryland Manufacturing 4.0 program, a growing initiative that provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0 technologies. The new round of funding, administered by the Maryland Department of Commerce, will provide businesses with a total of $1 million to modernize […]

Governor Moore announces seven new, redesignated Enterprise Zones in Maryland

Posted on July 15, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore has announced that the Maryland Department of Commerce approved three new Enterprise Zones – Woodlawn in Baltimore County; the towns of Betterton and Worton in Kent County; and the town of Snow Hill in Worcester County. The department also approved the redesignation and expansion of an existing zone in the town of Princess Anne, and has […]

Maryland State Department of Education MSDE

Governor Moore announces $11.5 million to support Maryland child care facilities through Child Care Capital Support Fund

Posted on July 13, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore on Wednesday announced that 67 child care facilities have been awarded a total of $11.5 million through the inaugural round of the Child Care Capital Support Revolving Loan Fund, administered through the Maryland Department of Commerce in partnership with the Maryland State Department of Education. The fund, created during the 2022 General Assembly, offers no-interest loans […]

Governor Wes Moore Maryland Economic Council

Governor Moore creates Maryland Economic Council to strengthen state’s economy

Posted on June 10, 2023 by Chris Montcalmo

ANNAPOLIS, MD—This week, Governor Wes Moore signed an executive order to promote Maryland’s economic future through the creation of the Maryland Economic Council. The council will be the command center for analysis and recommendations for the Moore-Miller Administration to effectively implement economic policies that achieve growth, diversify our workforce, and merge our state’s assets and growing industries. “For too long, […]

Governor Wes Moore Bill Signing 20230508

Governor Moore signs economic development legislation promoting commitment to creating an economically competitive Maryland

Posted on May 10, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore this week presided over the Moore-Miller Administration’s fifth bill signing, highlighting the administration’s “commitment to collectively strengthening the state’s diverse assets to create a more economically competitive Maryland,” according to the official press release. The governor signed nearly 200 pieces of legislation into law focused on economic development, state and local taxes, Maryland’s natural resources, transportation, […]

Governor Moore announces $2.7 million in financial support for six small, minority, and veteran-owned Maryland businesses

Posted on May 3, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore and the Maryland Department of Commerce this week announced that six small, minority, and veteran-owned businesses have been approved for a total of nearly $2.7 million in financial assistance to support business growth in Maryland. The funding comes in the forms of loans and lines of credit through two state programs—the Military Personnel and Veteran-owned Small […]

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