Page 46 - FDI Alliance International Magazine, July 2019 Interactive Issue_Neat

GOVERNOR
LARRY HOGAN

STATE OF

MARYLAND

As one of the original 13 colonies, Maryland has always including the National Institutes of Health, Johns Hopkins Hospital, ranks as the nation’s second port in foreign
played a pivotal role in American history. University, and the University of Maryland; and NASA’s tonnage. The capital, Annapolis, is the site of the U.S.
Goddard Spaceflight Center and NOAA—and many Naval Academy.
Home to the Chesapeake Bay, Maryland is known more.
for its blue crabs and the city of Baltimore, a major Here are just three examples. The primary fund is the
historic trading port, baseball power and birthplace This concentration of government and academic Maryland Economic Development Assistance Authority
of the national anthem. Francis Scott Key wrote “The innovation attracts numerous private companies Fund (MEDAAF), which provides below-market,
Star-Spangled Banner” as he watched the American specializing in these fields along with the diverse and fixed-rate direct assistance to growth-industry-sector
flag wave above Fort McHenry on the harbor during skilled workforce. In fact, diversity is one of the keys businesses. The Partnership for Workforce Quality
the War of 1812. Maryland is a Mid-Atlantic state that’s to Maryland’s global success. Foreign-born residents (PWQ) provides matching training grants and support
defined by its abundant waterways and coastlines on make up 14.9 percent of the state’s population, and services for small and mid-size manufacturing and
the Chesapeake Bay and Atlantic Ocean. Its largest four Maryland cities are among the top ten in Wallet technology companies. And Export MD helps small
city, Baltimore, has a long history as a major seaport. Hub’s 2018 Most Diverse Cities in America. and mid-size companies offset the costs of marketing
Fort McHenry, birthplace of the U.S. national anthem, international.
sits at the mouth of Baltimore’s Inner Harbor, home to A container Store will build and lease a 600,000 square-
the National Aquarium and Maryland Science Center foot distribution center at the Eastgate 95 Industrial Park They say it takes money to make money. Maryland
Maryland has a strong education system and has been in Perriman. The project is expected to create 150 full- opens doors to funding sources for modernizing
a top priority for the Hogan administration. There is time jobs by the end of 2019. The 40-year-old company manufacturing equipment, acquiring land, improving
record funding for K-12 public education each year, has been on Fortune’s 100 “Best Companies to Work infrastructure, developing commercial opportunities,
totaling a record investment of more than $25 billion, For” list for the past 19 years. promoting energy efficiency, and more. Whatever your
and per-pupil funding has increased in every jurisdiction Maryland, Important agricultural products are business needs, there’s probably a Maryland funding
across the state. greenhouse and nursery products, chickens, dairy source for you.
When it comes to cybersecurity, bio-health and life products, eggs, and soybeans. Stone, coal, sand,
sciences, and aerospace innovation, Maryland is a gravel, cement, and clay are the chief mineral products. Combine the fact that Maryland’s advantages in
leader among the states and around the world. transportation infrastructure, highly educated and
Manufacturing industries include food products, skilled workforce with a great quality of life. Maryland
Maryland is home to the NSA and the National chemicals, computer and electronic products, looks like exactly what it is, a place where businesses
Cybersecurity Center of Excellence at NIST; world- transportation equipment, and primary metals. and people prosper
renowned medical and educational institutions, Baltimore, home of the Johns Hopkins University and

46 FDI ALLIANCE | JULY ISSUE 2019