Maryland’s arts, entertainment and recreation industry is now one of the fastest-growing industries in the state. Manufacturing continues to grow as well, with new groundbreakings and expansions being announced monthly over the past year. AstraZeneca
announced a $300 million facility and 150 new jobs in Rockville, EVAPCO is expanding its headquarters in Taneytown, and BlueHalo is embarking on an expansion that will create 200 jobs. In June 2024, the Maryland Department of Commerce received a $1 million federal grant to accelerate the development of smart manufacturing technologies
Advantage Maryland (formerly the MarylandEconomic Development Assistance Authority Fund(MEDAAF): Key financing program that offers grants, loans, and investments to support economic development initiatives.
Job Creation Tax Credit: Offers an income tax credit of $3,000 per new job to businesses that create a minimum of 60 full-time jobs. The credit increased
to $5,000 (minimum of 25 jobs) for businesses that locate in a revitalization area.
Biotech/Cybersecurity Investment Incentive Tax Credit: Offers an income tax credit to investors who invest in a qualified Maryland biotechnology or cybersecurity company.
ExportMD Program: Offers up to $5,000 in reimbursement for expenses associated with international marketing projects for small and mid-sized businesses.
Maryland Department of Commerce
commerce.maryland.gov
Ann Arundel Economic Development Corporation
aaedc.org
Montgomery County Economic Development Corporation
thinkmoco.com
The Build Our Future Grant Pilot Program awarded 11 grants totaling $9 million in 2024. As part of the governor’s Innovation Economy Infrastructure Act of 2023, the program provides grants of up to $2 million to private companies, nonprofit entities, local governments and universities to help provide fresh ideas and innovative technologies.
Three Fortune 500 companies headquartered in the state:
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
