ChooseMaryland is the web site for the 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.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
May 1, 2020
Pet Connect Business®
|
Pre-seed | $750K | Software | — |
Aug 23, 2015
Link Labs
|
Series A | $5.70M | Information Technology | — |
Jun 17, 2014
Mobile System 7
|
Grant | $400K | Analytics | — |
Nov 12, 2012
TRX Systems
|
Series A | $2M | Location Based Services | — |
Jan 31, 2010
Zymetis
|
Grant | $1.50M | Biotechnology | — |
Maryland Department of Business and Economic Development has had 8 exits. Maryland Department of Business and Economic Development most notable exits include TRX Systems , Vapotherm
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jan 19, 2022 | TRX Systems | M&A | Location Based Services | Detail |
Nov 23, 2018 | Vapotherm | IPO | Biotechnology | Detail |
Nov 15, 2016 | Mobile System 7 | M&A | Analytics | Detail |
May 13, 2014 | Viracor-IBT Laboratories | M&A | Biotechnology | Detail |
Jan 10, 2014 | GlycoMimetics | IPO | Biotechnology | Detail |