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 […]
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 […]
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 […]
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, […]
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 […]
ANNAPOLIS, MD—Governor Wes Moore this week announced a partnership between the Maryland Department of Commerce, the World Trade Center Institute in Baltimore, and L Marks, a leading global innovation specialist with a presence in the United Kingdom, to create the new Maryland Innovation Lab. The first-of-its-kind in the U.S., the lab will help Maryland companies thrive by matching them with […]
ANNAPOLIS, MD—Governor Wes Moore on Wednesday announced major offshore wind energy initiatives to move Maryland toward achieving its “100% clean energy” goal by 2035. Governor Moore announced that Maryland will significantly increase its offshore wind output and prioritize wind energy partnerships to position Maryland to be the country’s leader in offshore wind production. “Here in Maryland, we can have both […]
ANNAPOLIS, MD—Governor Wes Moore this week announced the recipients of the Maryland Manufacturing 4.0 program, an initiative that provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0 technologies. The grants, made possible through the Maryland Department of Commerce, provide 23 businesses with a total of nearly $1 million to modernize their operations. “Investing in Maryland’s manufacturing […]