A total of 27 global companies have been placed in incubators throughout Maryland via the state’s Global Gateway program.
The more than two dozen approved participants represent 19 countries and are in a number of industries including quantum computing, cybersecurity, life sciences, aerospace, manufacturing, and agriculture. Overall, more than 60 businesses applied to participate, capturing a diverse array of companies from six different continents while boosting the state’s attractiveness and competitiveness in the global market.
The Maryland Global Gateway program helps to ease an international company’s transition into the U.S. by connecting them with 18 partnering incubators and accelerators in Maryland. The goal of the program is to attract early-stage companies with hopes that they will establish a full-time presence in the state after the soft landing trial ends, bringing additional job creation and investment to Maryland.
“The state’s Global Gateway program is truly an innovative tactic for attracting new businesses to Maryland,” said Gov. Moore. “While going through this soft landing trial, companies will quickly learn the benefits of doing business in Maryland. Six of these participants have already registered to do business in the state and we are excited to see more positive results from the program.”
Companies that are interested in participating in the Maryland Global Gateway can apply from October 16 through November 30.
