Whether you’re a Fortune 500 company looking to expand back-office operations, an international manufacturer looking to build an East Coast distribution center, or a bioscience entrepreneur looking for investors, the question is always the same: Why Maryland?
The answer is simple: because a Maryland location ensures access to all of the resources—people, facilities, infrastructure, technology, and capital—you need to grow your business:
- People: Maryland ranks first among the states in percentage of professional and technical workers (25.7 percent).
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- Facilities: Maryland is home to more than 50 federal agencies and research facilities, including the National Institutes of Health (NIH), the Food and Drug Administration (FDA), the National Security Agency (NSA), and the National Institute for Standards and Technology (NIST).
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- Infrastructure: The Port of Baltimore handles more than 40 million tons of cargo annually, and facilitates overnight highway and rail access to one third of the nation.
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- Technology: Maryland ranks ninth for entrepreneurship, while the Washington-Baltimore metro area ranks sixth nationally among 2006 "Hot Cities for Entrepreneurship" based on activity that includes small business growth and job growth.
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- Capital: Maryland ranks second in federal R&D spending, and is one of the nation’s most active early-stage investors (through the Maryland Venture Fund and the Maryland Technology Development Corporation).
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Maryland's Leading Business Sectors
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