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General Information

Websitechoosemaryland.com
Phone410-767-6300
Emailcommunications@ch...
Employees

Funds

Offices

Baltimore, USA
217 East Redwood Street
Baltimore, MD, 21202
USA
Baltimore, USA
217 East Redwood Street
Baltimore, MD, 21202
USA

People

President
President
Administrator
Executive Director
Executive Director and Secretary
Executive Director
Executive Director
Executive Director
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Maryland Department of Business and Economic Development

ChooseMaryland is the web site for the Maryland Department of Business and Economic Development. Here you will find information about Maryland’s outstanding business climate, as well as programs available to both small and large companies to ensure their success. It also includes information on financing, workforce training, exporting, trade and small and minority business assistance.

The department’s mission is simple: to attract new businesses, stimulate private investment and create jobs, encourage the expansion and retention of existing companies and provide businesses in Maryland with workforce training and financial assistance. The department promotes the state’s many economic advantages and markets local products and services at home and abroad to spur development, international trade and tourism. Because they are a major economic generator for the state, the department also supports the arts, film production, sports and other special events.

The department continues to build on the state’s prosperity by promoting its positive business climate and outstanding quality of life. In addition, DBED will ensure that all areas of the state share equally in its prosperity and will continue to promote Maryland as a leader in the New Economy.

Recent Milestones

Investments

Company Date Round Size Participants
TRX Systems 11/2012Series A$2M3
Zymetis 1/2010Grant$1.5M1
ClassifEye 6/2008Series B$330k3
My Ad Box 6/2008Venture Round$50k1
Innovative Biosensors 5/2008Venture Round$9.5M4
NeuroNascent 1/2008Venture Round$50k1
Zenoss 1/2008Series B$11M4
Sirnaomics 12/2007Venture Round1
Three Stage Media 11/2007Series C$15M6
Zenoss 8/2006Series A$4.8M4
Three Stage Media 2/2006Series B$7.5M3
Fidelis Security Systems 5/2005Series A$4.1M4

Videos

Sources

  1. TRX Systems Raises Nearly $2M in Series A (finsmes.com) [edit]
  2. 2/04/10 Zymetis Wins Development Grant (zymetis.com) [edit]
  3. ClassifEye, Ltd. accepts a $325,000 investment from State, County (gov.state.md.us) [edit]
  4. My Ad Box using additional funding for sales, marketing expansion (choosemaryland.org) [edit]
  5. Capital Funding Report [edit]
  6. State approves $50,000 investment for Clarksville drug company (articles.baltimoresun.com) [edit]
  7. Open Source's Zenoss Boasts 500K Downloads + $11M Investment (thealarmclock.com) [edit]
  8. Sirnaomics Received Multiple Government Fundings For Its Multi-Targeted siRNA Therapeutics Programs (media.prnewswire.com) [edit]
  9. EXPOCAD and BDMetrics Inc. announced their alliance to integrate their technologies (encyclopedia.com) [edit]
  10. Zenoss Lands $4.8 Million in Venture Funding (zenoss.com) [edit]
  11. Catonsville's BD Metrics raises $7.5 million (bizjournals.com) [edit]
  12. Fidelis Security raised $4.1 million (washingtonpost.com) [edit]
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Last Edited 1/2/14

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