Maryland’s arts, entertainment, and recreation industry is now one of the fastest growing in the state and increased 17% between March 2022 and March 2023, adding 6,500 jobs. Manufacturing continues to grow, with new groundbreakings and expansions being announced monthly over the past year. Hitachi Rail announced in October 2022 a $70 million manufacturing facility and 450 jobs. Greenland Technologies is opening a 54,000-square-foot manufacturing facility in Baltimore County, and Home Chef is constructing a new manufacturing and distribution facility that will create500 jobs in Baltimore.
Advantage Maryland (formerly the MarylandEconomic Development Assistance Authority Fund(MEDAAF): Key financing program that offers grants, loans, and investments to support economic development initiatives.
Job Creation Tax Credit: Offers an income tax credit of up to $3,000 per new job to businesses that create at least 60 full-time jobs. Credit increases to $5,000 for location in a revitalization area.
Biotech/Cybersecurity Investment Incentive Tax Credit: Offers an income tax credit to investors who invest in a qualified Maryland biotechnology or cybersecuritycompany.
ExportMD Program: Offers up to $5,000 in reimbursement for expenses associated with international marketing projects for small and mid-sized businesses.
Maryland Economic Development Commission
commerce.maryland.gov
Economic Alliance of Greater Baltimore
greaterbaltimore.org
Ann Arundel Economic Development Corporation
aaedc.org
Montgomery County Economic Development Corporation
thinkmoco.com
The Maryland Manufacturing 4.0 grant program provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0-related technologies, machinery and robotics, and digital business practices in order to remain competitive and drive growth. Reserves 20% of funds for small manufacturers with 3 to 50 employees. Grants cover 75% of project costs for small manufacturers and 50% of project costs for midsized manufacturers. Maximum grant is $500,000 for projects that clearly demonstrate a tie to Industry 4.0, and along-term strategy for Industry 4.0 adoption.
Six Fortune 500 companies headquartered in state,including:
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
