Maryland Means Business: News, Stories and Insights

While aiming to become the world's quantum capital with a bold plan and $27.5 million investment, Maryland faces challenges as its "business-unfriendly climate" prompts companies to consider relocating. UMD physicist Ronald Walsworth is a key figure in the state's quantum push.

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

Get the latest on Maryland's thriving business landscape! Discover new executive leadership at the state's largest utility, how companies are making significant local investments, the return of grant programs supporting underrepresented minority businesses, and how innovative GenAI technology is being deployed statewide. According to the Maryland Department of Commerce Secretary, these moves highlight that Maryland is a "great place to do business and a great place to live".

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

What began as a call for a car fire in Davidsonville, Maryland, quickly became a criminal investigation after emergency crews discovered human remains in the passenger seat of a vehicle engulfed in flames. Authorities are now working to determine the cause of the fire and the identity of the deceased in this shocking Anne Arundel County incident.

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

The "no tax on tips" pledge is advancing, with the U.S. Senate unanimously approving the idea. While supported by industry groups like the National Restaurant Association, critics argue it may not help the neediest workers and could come at an enormous cost to the government. Maryland has 30,870 restaurant servers potentially affected by this proposed tax deduction on tips.

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

Governor Moore announces $37.7 million through the Maryland Department of Housing and Community Development's State Revitalization Programs to catalyze economic growth and community development statewide. This funding supports projects from business expansion and retention to homeownership and home rehabilitation incentives. Applications open May 28 and are due July 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

A new study confirms that Maryland's economic development investments are delivering massive returns, generating an estimated $8.81 in state and local tax revenue for every $1 invested. This comes as Bernstein Management Corporation relocates its headquarters to Bethesda, bringing 50 full-time jobs to Montgomery County.

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

Just as it recovers from the Francis Scott Key Bridge collapse, the Port of Baltimore faces potential impacts from widespread tariffs, particularly on container business from China. Learn how this critical "entire ecosystem", a major hub for automobile imports, is preparing for changes expected by June.

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

Governor Moore declares an emergency for severe flooding, signs major legislation like the Chesapeake Bay Legacy Act and bills naming the Orange Crush state cocktail, while the state's bond rating drops, reflecting a busy week in Maryland news.

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

With fewer than 15 processors left compared to over 50 in the 1980s, Maryland's crab industry is on the brink. Discover how rising costs from tariffs on supplies and the struggle to secure seasonal H2B visas are pushing century-old businesses out.

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

Maryland's Department of Transportation (MDOT) is actively supporting businesses impacted by infrastructure projects. $1 million in grants have been awarded to small businesses along the Maryland Purple Line corridor. The 16-mile light rail project is now 76 percent complete, with service slated to begin in winter 2027, connecting communities and offering future economic growth opportunities.

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