ChooseMaryland is the web site for the Maryland Department of Business and Economic Development. Here you will find information about Maryland's outstanding business climate, as well as programs available to both small and large companies to ensure their success. It also includes information on financing, workforce training, exporting, trade and small and minority business assistance. The department's mission is simple: to attract new businesses, stimulate private investment and create jobs, encourage the expansion and retention of existing companies and provide businesses in Maryland with workforce training and financial assistance.
The department promotes the state's many economic advantages and markets local products and services at home and abroad to spur development, international trade and tourism. Because they are a major economic generator for the state, the department also supports the arts, film production, sports and other special events. The department continues to build on the state's prosperity by promoting its positive business climate and outstanding quality of life. In addition, DBED will ensure that all areas of the state share equally in its prosperity and will continue to promote Maryland as a leader in the New Economy.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments20
Current Portfolio Count10
Total Portfolio Exits1
Top Investment Stages
Series A5 (26.3%)
Series B5 (26.3%)
Series Unknown5 (26.3%)
Series C3 (15.8%)
Grant1 (5.3%)
Stage Mix
Series A 26%Series B 26%Series Unknown 26%Series C 16%Grant 5%
Concentration shown as share of disclosed investments by stage.
Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- 6799Investors, Not Elsewhere Classified
Show 17 more industry codes
- NAICS
- 540000Professional, Scientific, and Technical Services
- 541714Research and Development in Biotechnology (except Nanobiotechnology)
- 620000Health Care and Social Assistance
- 525000Funds, Trusts, and Other Financial Vehicles
- 541000Professional, Scientific, and Technical Services
- 541700Scientific Research and Development Services
- 523910Miscellaneous Intermediation
- 541710Research and Development in the Physical, Engineering, and Life Sciences
- SIC
- 6000Depository Institutions
- 8000Health Services
- 8700Engineering, Accounting, Research, Management, And Related Services
- 6720Investment Offices
- 8040Offices And Clinics Of Other Health Practitioners
- 8730Research, Development, And Testing Services
- 6722Management Investment Offices, Open-end
- 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified
- 8731Commercial Physical and Biological Research