Maryland Means Business: News, Stories and Insights

A British supercar maker and a seed-stage Baltimore medical device startup both place very different bets on the same city this week. Cal and Chessie break down an eleven-million-dollar grand opening at a former steel mill and a quarter-million-dollar vote of confidence in a UMD-born adhesive startup, and why Baltimore keeps landing both kinds of wins.

Sources:
Governor Moore Celebrates Grand Opening of New McLaren Vehicle Processing Center in Baltimore | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-celebrates-grand-opening-new-mclaren-vehicle-processing-center-baltimore
ETC Baltimore Invests $250,000 in Baltimore Medical Device Startup Gelectric Medical | Baltimore Development Corporation | https://baltimoredevelopment.com/etc-baltimore-invests-250000-in-baltimore-medical-device-startup-gelectric-medical/

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Maryland just landed the biggest single private investment the state has seen in over ten years, and it's not happening in the usual places. Cal and Chessie break down a $3.7 billion shipyard coming back to life in Baltimore County, then head to the other end of the map to see what a $2.38 million grant means for nine rural colleges owners have probably never heard of.

Sources:
State of Maryland, Baltimore County Announce Anduril Industries to Invest $3.7B, Create Over 3,100 Jobs with New Shipbuilding Facility | Maryland Department of Commerce | https://commerce.maryland.gov/press-room/anduril-industries-invest-37b-create-over-3100-jobs-new-shipbuilding-facility
Governor Moore and Maryland Higher Education Commission Secure $2.38 Million Federal Grant to Connect Rural Students Directly to Careers | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-and-maryland-higher-education-commission-secure-238-million-federal-grant

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Produced with AI. https://marylandmeans.business

Three very different things are under construction in Maryland this week: a two-mile bridge, a statewide career plan for 600,000 kids, and a business that started with two teachers and a bag of slime. Cal and Chessie dig into what each one actually means for a Maryland business owner, and start keeping an unofficial tally of how often Governor Moore's office shows up in this show's rundown.

Sources:
Teachers team up to build a statewide science kit business outside the traditional classroom | Technical.ly | https://technical.ly/entrepreneurship/eastern-shore-teachers-science-kit-how-i-got-here/
Maryland Awarded $9 Million Federal Grant to Build Student Career Exploration System | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/maryland-awarded-9-million-federal-grant-build-student-career-exploration-system
Governor Moore Announces Key Bridge Rebuild Dashboard, Giving Marylanders a Clearer View of Construction Progress | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-announces-key-bridge-rebuild-dashboard-giving-marylanders-clearer-view-construc

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

October 1st turned out to be a quietly huge day in Annapolis: a brand new statewide AI benchmark, a first-in-the-nation ban on surveillance based grocery pricing, and two executive orders aimed at making it faster to build and permit housing. Cal and Chessie dig into what each one actually means for a Maryland business owner, and admit that today's episode might set a record for how many times they say "Governor Moore's office."

Sources:
Governor Moore Convenes Maryland Innovation Summit, Releases First Maryland Business AI Benchmark | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-convenes-maryland-innovation-summit-releases-new-maryland-business-ai-benchmark
Maryland's Protection From Predatory Pricing Act Takes Effect, Banning Surveillance-Based Grocery Pricing | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-signs-legislation-protect-marylanders-pocketbooks-grocery-stores-safeguard-voting
Governor Moore Signs Two Executive Orders to Speed Up Housing Permits and Spur Innovative Construction | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-signs-executive-order-advance-innovative-housing-solutions-and-accelerate-permitti

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

A 1920s cannery on Maryland's Eastern Shore gets a second life as a hub for oyster restoration and biotech, while Montgomery County leads a new regional alliance aimed at getting Greater Washington jurisdictions to compete for jobs and investment as one team instead of going it alone. Cal and Chessie ask what an old building and a new handshake actually have in common.

Sources:
Cambridge's Historic Packing House Reborn as a Hub for Aquaculture, Biotech, and Community | Maryland Dept. of Commerce (business.maryland.gov) | https://business.maryland.gov/news/cambridge-redevelopment-project-creates-sustainable-opportunities/
Montgomery County Leads Formation of New 'Potomac Regional Alliance' for Greater Washington Economic Growth | Montgomery County Economic Development Corporation (thinkmoco.com) | https://thinkmoco.com/about/news/the-montgomery-county-economic-development-corporation-mcedc-statement-on-the-formation-of-the-potomac-regional-alliance-2/

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

Morgan State University teams up with Google to build real AI governance, Governor Moore's new executive order puts large data centers on a public scorecard, and QuEra Computing becomes the latest quantum neighbor in College Park. Cal and Chessie ask whether Maryland can grow its tech economy and keep the costs where they belong.

Sources:
Morgan State University partners with Google to build AI research and governance capacity | Technical.ly | https://technical.ly/entrepreneurship/riverlane-opens-us-hq-umd-discovery-district-maryland-power-moves/
Governor Moore signs executive order creating a statewide review framework for large data centers | Office of Governor Wes Moore (press release) | https://governor.maryland.gov/news/press-releases/governor-moore-signs-executive-order-codifying-responsible-data-center-development-framework
QuEra Computing joins Maryland's Capital of Quantum initiative, opening an office in UMD's Discovery District | Maryland Department of Commerce (business.maryland.gov) | https://business.maryland.gov/news/quera-joins-marylands-growing-quantum-sector/

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

A Rockville tea house throws open its doors, a 111-year-old Baltimore deli books its first flight, and a Maryland native ditches Los Angeles to bring his film studio home to Prince George's County. Then the state signs its own foreign policy on quantum computing, with a handshake all the way to South Korea.

Sources:
Teas'n You Fusion Tea House opens its first Maryland location in Rockville | Patch (Rockville, MD) | https://patch.com/maryland/rockville/teas-n-you-fusion-tea-house-open-1st-maryland-base-montgomery-county
111-year-old Attman's Delicatessen heads to BWI Airport, its first Anne Arundel County spot | Patch (Odenton-Severn, MD) | https://patch.com/maryland/odenton/popular-delicatessen-open-bwi-marshall-airport-report
Maryland native brings film production studio home from Los Angeles to Prince George's County | Technical.ly | https://technical.ly/entrepreneurship/columbia-film-festival-spotlights-maryland-movie-production/
Maryland and South Korea's Gyeongsangbuk-do sign quantum innovation partnership | Maryland Department of Commerce | https://business.maryland.gov/news/maryland-and-south-korea-partner-to-advance-quantum-innovation/

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

A hundred-year-old, family-owned fuel and convenience chain in La Plata marks its centennial by handing $500,000 back to the communities that built it. Then, Microsoft cuts the ribbon on a new quantum research center at the University of Maryland, the latest anchor in a bet the state hopes tops a billion dollars. Two very different timelines, same state betting on itself.

Sources:
Wills Group celebrates 100 years of community impact in Charles County | Maryland Department of Commerce | https://business.maryland.gov/news/wills-group-celebrates-100-years-of-community-impact-in-charles-county/
Governor Moore Welcomes New Microsoft Discovery Center at Ribbon Cutting Ceremony in University of Maryland's Discovery District | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-welcomes-new-microsoft-discovery-center-ribbon-cutting-ceremony-university-m

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

Six Maryland companies quietly raise fresh capital in a single week through TEDCO grants and private placements, from an Elkton filtration maker to a homegrown aircraft builder. Then, a Columbia healthtech company that spent thirteen years saying no to venture capital finally says yes, to the tune of forty-seven million dollars.

Sources:
Vheda Health plans targeted acquisitions and national growth following a $47M raise | Technical.ly | https://technical.ly/entrepreneurship/vheda-health-agora-47m-expansion/
St. Mary's County is using $3.5M in state grant funding to scale its public health tech network (Money Moves roundup) | Technical.ly Baltimore | https://technical.ly/civics/wellcheck-expands-health-referral-system-st-marys-maryland-money-moves/

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business

A UK quantum firm picks Maryland's Discovery District for its U.S. headquarters, a Baltimore medtech company ships lifesaving wound care to Ukraine and Israel, and a Monkton startup's software goes countywide in St. Mary's County. Plus, what a Public Service Commission ruling on Pepco means for your next utility bill.

Sources:
UK Quantum Computing Firm Riverlane Picks Maryland for U.S. Headquarters | Maryland Department of Commerce | https://business.maryland.gov/news/quantum-leader-selects-maryland-for-u-s-headquarters/
Baltimore Medtech Maker BC3 Technologies On Track for 500% Revenue Growth | Maryland Department of Commerce | https://business.maryland.gov/news/maryland-medtech-company-experiences-viral-growth/
Maryland Regulators Cut Pepco's Rate Increase Request by More Than Half | Office of Governor Wes Moore | https://governor.maryland.gov/news/press-releases/governor-moore-praises-public-service-commission-ruling
St. Mary's County Scales WellCheck's Care-Referral Platform Countywide | Technical.ly Baltimore | https://technical.ly/civics/wellcheck-expands-health-referral-system-st-marys-maryland-money-moves/

Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.com

Produced with AI. https://marylandmeans.business