How can we help?
Are you a new or existing business looking for help to retain workers or expand, or branch out internationally? Are you a company considering Maryland as a location? The Department of Business and Economic Development (DBED) is here to help.
As the state's primary economic development agency, we stimulate private investment and create jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing workforce training and financial assistance to Maryland companies. The Department also promotes the state's many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism.
Since 2010, DBED has assisted nearly 4,000 small businesses and organizations; helped create or retain 40,000 jobs, and leveraged nearly $3 billion in private investment. Companies such as Amazon, Discovery Communications, Johns Hopkins Medical, Legg Mason, Millennial Media, Under Armour and Volvo Powertrain have recently located or expanded in Maryland.
- Building and site location assistance
- Finance programs, tax credits and training grants
- Business advocacy and consulting
- Technology transfer
- Foreign direct investment
- Export consulting and marketing
- Tradeshow and conference partnership
How we're organized
DBED Secretary Mike Gill leads the department with 40 years of business experience as an entrepreneur, veteran of large technology firms and public servant. He was appointed by Governor Larry Hogan in January 2015. Read
his bio to learn more.
Benjamin H. Wu, an internationally recognized technology policy expert with more than 25 years of experience and management leadership, serves as DBED's Deputy Secretary and Chief Operating Officer.
20 agencies within Maryland's Executive Branch, the agency is
structured as follows:
- Division of Business and Enterprise Development
- Division of Marketing & Communications
- Division of Tourism, Film and the Arts
- Maryland Venture Fund
- Bio Maryland Center
The Agency also has
13 public boards and commissions that provide recommendations and direction to DBED. These boards focus on targeted groups and industry sectors such as small business, life sciences, federal facilities and manufacturing. They serve as a critical link to let the governor and our agency know the issues Maryland businesses are facing — and the best way to solve them.
Policy & Government Affairs -
Rhonda Ray, Director | (410) 767-6314
Division of Business and Enterprise Development
The Division of Business and Enterprise Development, led by Managing Director Steven Pennington, focuses on job development and deals primarily with business assistance, retention and attraction. If you're a business looking to grow or retain employees, check with this team to see if financing and incentive-based solutions are available for economic development projects.
Business and Enterprise Development team members foster strong relationships with the state's federal facilities, universities and military installations, making it easier for staff to assist you. Regional field staff, small business, strategic and finance teams work collaboratively with partners at all levels to provide financial, counseling and technical assistance to businesses.
The division also helps to export your products and services to international markets and initiate or expand overseas marketing.
- Steven Pennington - Managing Director, Business & Industry Sector Development | (410) 767-6662
- Business Development -
Jayson Knott, Program Director | (410) 767-6978
- Finance Programs -
Gregory Cole, Program Director | (410) 767-6353
- International Investment and Trade -
Signe Pringle, Program Director | (410) 767-3542
- Military Affairs -
J. Michael Hayes, Program Director | (410) 767-2988
- Small Business -
Sean McEvoy | Director | (410) 767-5675
- Site Location -
Jerry Sanford | Director | (410) 767-0994
- Strategic Industries and Innovation -
Roger Venezia, Acting Director | (410) 767-6394
DBED’s Regional Growth and Retention team is based geographically to assist businesses in every corner of the state. This team of experienced and knowledgeable professionals provides easy access to DBED’s programs and services wherever your business is located. Our regional business development reps assist companies of all sizes seeking to expand their markets, their workforce or physical expansions within the state. They can also assist with a broad range of business needs, from identifying sources of funding, customer/supplier connections and networking, to accessing DBED programs and resources, workforce and technical resources.
Contact a DBED Business Development Representative in your area:
- Heather Gramm, Director, Regional Growth and Retention - Frederick, Montgomery, Garrett, Allegany & Washington | (410) 767-6804
Tim Murphy - Carroll, Howard & Anne Arundel | (410) 767-0512
- Baltimore City & Prince George's | (410) 767-6791
- Queen Anne's, Talbot, Kent, Caroline & Dorchester | (410) 718-0094
- Calvert, Charles & St Mary's | (301) 274-9138
Division of Marketing & Communications
The Division of Marketing & Communications (DMC), led by Managing Director Allison Skipper, serves as the voice of the Maryland Open for Business campaign, communicating the state's competitive business advantages, assets and quality of life.
Maryland businesses have a lot of great stories to tell, so we take those successful stories and share them through our many channels, using digital marketing, media relations, publications, advertising and research to market Maryland's business community. The team also plans events and tradeshows and works closely with our business development team to promote Maryland's key strengths.
The division is committed to giving you the insight, resources, publications and online tools that you need to grow your business in Maryland. Stay on top of state business news and information by subscribing to the MDBizNews blog and the Business Pulse monthly email newsletter.
Division of Tourism, Film and the Arts
The Division of Tourism, Film and the Arts promotes Maryland's quality of life and all the fun stuff that Maryland offers in order to attract, create and retain jobs in the tourism and creative industries.
If you're an artist or arts organization looking for technical and financial assistance and incentives, a potential tourism partner or a film production company looking for assistance, check out the numbers and websites below.
Maryland Venture Fund
Maryland Venture Fund, an office within the Department, is an evergreen fund that makes direct investments in privately held emerging technology and life sciences companies. This critical seed and early-stage funding encourages entrepreneurship and private venture capital investment in Maryland's high technology community.
Thomas Dann, Managing Director of Equity Funds | (410) 767-6379
BioMaryland Center connects biotechnology companies, academic and federal researchers with each other and with potential capital sources, partners and clients. The center promotes the state’s industry domestically and abroad and provides business plan assistance, market research databases, site selection information and other resources.
If you are relocating your company, looking to launch a new startup or expand your life sciences business, contact the BioMaryland Center for assistance.