DBED Secretary Dominick Murray and HSA Executive Director Ida Haisma sign an MOU partnering the Netherlands and the State of Maryland.

DBED Secretary Dominick Murray and HSD Executive Director Ida Haisma sign an MOU partnering the Netherlands and the State of Maryland.

The 2014 CyberMaryland Conference is helping to forge relationships between cybersecurity leadership from around the world.

On Thursday, Europe’s largest security cluster signed a Memorandum of Understanding with the Maryland Department of Business and Economic Development (DBED), which hosts the conference.

The Hague Security Delta (HSD) of The Netherlands agreed to join Maryland in using science and technology to increase security and stimulate economic development. The three-year partnership will encourage trade, investment, research and development, and commercialization opportunities.

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The Maryland Department of Business and Economic Development (DBED) is committed to fostering growth among small businesses throughout the State. MDBIZ News sat down with DBED’s Director of the Office of Small Business Sean McEvoy to discuss some of the available resources.

Q: Why are small businesses so important to Maryland’s economy?

A: Small businesses are important because of their role as new job creators at both the national and the state level. In the U.S., small firms, as defined by the SBA, accounted for 63 percent of the net new jobs created between 1993 and mid-2013 (or 14.3 million of the 22.9 million net new jobs). Since the end of the recession (from mid-2009 to mid-2013), small firms accounted for 60 percent of the net new jobs. They also make up 99.7 percent of U.S. employer firms. Maryland’s nurturing environment for small businesses and entrepreneurs is no secret. The U.S. Chamber of Commerce ranked Maryland the No. 1 state for entrepreneurship and innovation for two years in a row

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Wells_JeffreyHave a question about Maryland’s cybersecurity industry? Looking for a job or funding for your startup? Are you unable to make it to this year’s CyberMaryland Conference?

Don’t worry — DBED’s Cyber Development team will be answering your questions throughout the two-day event, including a live Q&A session with Executive Director Jeffrey Wells.

Jeffrey will be tweeting live from the CyberMaryland booth on Wednesday, October 29th, from 11 – 11:30AM. Questions received after the Q&A session will be answered periodically during the event by members of the DBED cyber team.

To submit a question, visit our Twitter @MDBiz and tweet us using the hashtag #AskmdCyber.

Be sure to join in and follow along for other live updates from the CyberMaryland Conference with the hashtag #CYBERMD2014.

See you there!

DBED helps cut the ribbon to a new Sephora distribution center. The company received a $1 million loan from the agency’s Maryland Economic Development Assistance Authority and Fund (MEDAAF).

DBED helps cut the ribbon to a new Sephora distribution center. The company received a $1 million loan from the agency’s Maryland Economic Development Assistance Authority and Fund (MEDAAF).

The Maryland Department of Business and Economic Development (DBED) includes a variety of resources to help businesses grow and thrive throughout the State. MDBIZ News sat down with DBED’s Office of Finance Programs Program Director Greg Cole to discuss why these benefits are so crucial to economic development.

Q: Share with us some of the most important financing programs available to Maryland businesses. 

A: DBED’s Office of Finance Programs includes eight different financing programs and 11 tax credits. There are a lot of resources and each one fills a specific niche.

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For three consecutive years, Maryland has been named No. 1 in Innovation and Entrepreneurship. Additional indicators—including job growth and increased exports—also help tell the story of economic development throughout the State.

meda 2014

DBED Secretary Dominick Murray kicks off Maryland Economic Development Week.

But these achievements didn’t happen by accident. Maryland’s economy is growing with the help of hundreds of economic development officials and business leaders. The Maryland Department of Business and Economic Development (DBED) celebrates the people and the programs that make it possible during Maryland Economic Development Week.

DBED Secretary Dominick Murray kicked off the celebration and presented a proclamation from Governor Martin O’Malley during the Maryland Economic Development Association’s (MEDA) Fall Conference on Monday.

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ExportMD Grants are supporting Maryland firms at the upcoming MEDICA conference in Germany, according to DBED international trade expert Signe Pringle. Credit MEDICA 2013

ExportMD Grants are supporting Maryland firms at the upcoming MEDICA conference in Germany, according to DBED international trade expert Signe Pringle.

Catch up on the latest Maryland business news.

Maryland business successes:

Sparrows Point, Maryland, once home to a thriving steel mill, is poised for redevelopment and job creation.

Sparrows Point, Maryland, once home to a thriving steel mill, is poised for redevelopment and job creation. Photo courtesy Baltimore County Sparrows Point Partnership First Year Report

Sparrows Point, Maryland, once home to a thriving steel mill, is poised for redevelopment and job creation, thanks to a new public-private partnership, Lt. Governor Anthony Brown announced following a gathering of stakeholders Thursday.

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Signe Pringle is Program Director of the Office of International Investment and Trade within the Maryland Department of Business and Economic Development.

Signe Pringle is Program Director of the Office of International Investment and Trade within the Maryland Department of Business and Economic Development.

October 2014

International Pulse: Insights on trade in Maryland 

Signe Pringle is Program Director of the Office of International Investment and Trade within the Maryland Department of Business and Economic Development

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Mikra Krasniqi is an economist at the Maryland Department of Business and Economic Development.

Mikra Krasniqi is an economist at the Maryland Department of Business and Economic Development.

October 2014

Economic Pulse: Insights on Maryland’s economy 

Mikra Krasniqi is an economist at the Maryland Department of Business and Economic Development.

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LaToya Staten is Program Manager of Cyber Development and CyberMaryland programs within the Maryland Department of Business and Economic Development.

LaToya Staten is Program Manager of Cyber Development and CyberMaryland programs within the Maryland Department of Business and Economic Development.

October 2014

Cyber Pulse: Insights on cybersecurity in Maryland

LaToya Staten is Program Manager of Cyber Development within the Maryland Department of Business and Economic Development.

There’s still time to register for the 2014 CyberMaryland Conference, Oct. 29-30. Find details here

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Nina Lamba is Senior Program Manager of the BioMaryland Center within the Maryland Department of Business and Economic Development.

Nina Lamba is Senior Program Manager of the BioMaryland Center within the Maryland Department of Business and Economic Development.

October 2014

Bio Pulse: Insights on life sciences in Maryland

Nina Lamba is Senior Program Manager of the BioMaryland Center within the Maryland Department of Business and Economic Development.

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Roughly two years ago, two friends from the University of Maryland, College Park set out to develop a new 3D printer, small, affordable and stylish enough to attract the average consumer.

Michael Armani and David Jones co-founded M3D and watched their vision rapidly materialize. Following extensive press coverage and a Kickstarter campaign that raised $3.4 million (well above its $50,000 goal), the company finalized its signature Micro Motion Technology, which powers the device.

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