This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these template messages) (Learn how and when to remove this template message)
|
Agency overview | |
---|---|
Formed | 1884 |
Jurisdiction | Maryland |
Headquarters | World Trade Center, 401 E. Pratt Street, Baltimore, Maryland |
Agency executive |
|
Website | http://commerce.maryland.gov/ |
The Maryland Department of Commerce is a government agency in the state of Maryland in the United States. Although its roots began in 1884, the department came to be recognized as the Department of Commerce in 2015.
The department attracts new businesses, encourages the expansion and retention of existing facilities, provides financial assistance and training, and promotes biotechnology. The Agency publicizes Maryland's attributes, and markets local products in Maryland and abroad to stimulate economic development, international trade, and tourism. The department also invests in the arts and promotes film production and sporting events in Maryland. Its mission is to create, attract and retain jobs while promoting the state's vibrant culture and history. [1]
Commerce Secretary Mike Gill leads the department with 40 years of business experience as an entrepreneur, veteran of large technology firms and public servant. He was appointed by Governor Larry Hogan in January 2015. Read his bio to learn more. Benjamin H. Wu, an internationally recognized technology policy expert with more than 25 years of experience and management leadership, serves as Deputy Secretary and Chief Operating Officer.
The department provides a number of services to create, attract, retain and expand businesses in Maryland. These include:
Secretary | Time served |
---|---|
R. Michael Gill | |
Dominick E. Murray | |
Christian S. Johansson | |
David W. Edgerley | |
Aris Melissaratos | |
David S. Iannucci | |
Richard C. Mike Lewin | |
James D. Fielder (Acting) | |
James T. Brady | |
Mark L. Wasserman* | |
*Note: Term began when Department was DEED. |
Maryland's commitment to develop economic opportunities began in 1884 with the creation of the Bureau of Statistics and Information of the Industries of the State (Chapter 211, Acts of 1884). To guide development, government needed to know the agricultural, mineral and industrial output of the state, what commerce was moving through Maryland, and whether transportation networks functioned. In 1892, the General Assembly directed the Bureau to collect statistics on labor, particularly wages and strikes; any information about agriculture calculated to attract immigration; and data on mineral products, manufacturing, transportation, shipping, and commerce (Chapter 29, Acts of 1892). The Bureau also was to receive reports from all officers and institutions of the state, publish the information in book form, and annually revise and republish. By 1916, as the Bureau of Industrial Statistics, it reformed to become the State Board of Labor and Statistics. Its information-gathering responsibilities continued even as it reorganized into the Department of Labor and Industry in 1945. Yet, over time, that department's focus shifted toward regulating the conditions of labor.
By 1948, another agency was formed to collect information about the state. Authorized by the Board of Public Works, the Department of Information began as a division of the Hall of Records Commission. In 1949, it became an independent agency (Chapter 665, Acts of 1949). The department compiled data not only about industry and agriculture, but also natural resources,
recreation, government, and history. To encourage a burgeoning tourist and outdoor recreation trade, the department promoted Maryland and its products with films, photographs, pamphlets, and press releases.
The Department of Information was superseded in 1959 by the Department of Economic Development (Chapter 185, Acts of 1959). Its mandate — to advance the economic welfare of Maryland citizens by developing the state's natural resources, industrial opportunities, and tourism potential — was carried out by three divisions: Business and Industrial Development; Research; and Tourist Development and Publicity. Another forerunner of the current department, the Development Credit Corporation of Maryland, was created in 1959 to stimulate business and industry by making loans to small businesses when conventional financing was unavailable.
In 1970, the Department of Economic Development was reorganized as the Department of Economic and Community Development (Chapter 527, Acts of 1970). Added to its economic responsibilities now were duties to protect and enhance the social, cultural and fiscal viability of Maryland communities.
In 1987, the Department of Economic and Employment Development was created (Chapter 311, Acts of 1987). It contained agencies and programs formerly administered by its immediate predecessors, the Department of Economic and Community Development and the Department of Employment and Training.
In 1995, the Department of Economic and Employment Development reorganized as the Department of Business and Economic Development to emphasize its mission of bringing new jobs and new businesses to Maryland (Chapter 120, Acts of 1995).
In 2015, the Department of Business and Economic Development was renamed the Department of Commerce and reorganized to better emphasize Maryland's different industries, according to the governor's office.
.
The department's objectives are carried out by three divisions: Business and Enterprise Development; Marketing and Communications; and Tourism, Film, and the Arts. The department also is aided by public-private commissions including the Maryland Economic Development Commission and the Maryland Life Sciences Advisory Board. Further assistance is provided by the Maryland Biotechnology Center, the Division of Administration and Technology, and its Office of Policy and Governmental Affairs, which acts as a liaison to the Governor, General Assembly, and private technology sector. [3]
With 81 authorized positions and $51.9 million budget for FY2012, and branded the Division of Commerce in October 2015, originated in 1959 when the Department of Economic Development was created to encourage businesses to locate in Maryland and to retain and expand existing enterprises (Chapter 185, Acts of 1959). [4]
Led by Assistant Secretary Robert Walker, a former State Secretary of Agriculture, the division oversees five offices: Business Development; Business Services; Finance Programs; International Investment and Trade; and Military and Federal Affairs. By attracting new and expanding businesses, the division helps create jobs and improve the state's economy. It also assists domestic and international firms in finding attractive locations in Maryland and promotes international trade opportunities to Maryland firms. [1]
The Office of Finance Programs, with an FY2012 appropriation of $3.5 million and 26 employees, directs and supervises certain state funds used as incentives or seed money for businesses in Maryland. These funds enable the state to retain businesses and attract new ones; foster economic growth; create new jobs; support commercial and industrial redevelopment; and help small, minority and high technology businesses.
The office is mandated by statute to be responsible for the Economic Development Opportunities Program (Sunny Day) Fund; Enterprise Fund (includes Challenge Investment Program); Maryland Competitive Advantage Financing Fund; Maryland Economic Adjustment Fund; Maryland Economic Development Assistance Authority and Fund; Maryland Industrial Development Financing Authority; Maryland Small Business Development Financing Authority; and Smart Growth Economic Development Infrastructure (One Maryland) Fund. Also under the team is the Maryland Economic Adjustment Financing Committee.
The Maryland Venture Fund (MVF) provides for direct investment in Maryland companies through the Challenge Investment, Enterprise Investment, and the Enterprise Venture-Capital Limited Partnership programs. The fund organized as the Investment Financing Group in 1995. Formerly under the Division of Financing Programs, the fund transferred to Technology Strategy and Business Development in December 2003, and reformed as Venture Capital under the Deputy Secretary in 2005.
MVF focuses on seed and early stage investments, often equity and convertible debt, in amounts between $100,000 and $1,000,000 for companies with fewer than 250 employees. It invests in companies that maintain a principal place of business in Maryland or that commit to moving to Maryland if their principal offices re outside the state. It aims to leverage growth in industries such as software, information technology (IT), communications, cyber security, education tech, energy tech, health care IT, diagnostics and medical devices. [3]
With an FY2012 appropriation of $26.6 million and 42 employees, the division of Tourism, Film and the Arts promotes Maryland as a destination for domestic and international travelers. The division also supports the performing, visual and creative arts and promotes Maryland as a location for film and television production. The division includes the Maryland State Arts Council, the Maryland Film Office, and the Office of Tourism Development.
The Office of Tourism Development had formed as the Tourism Development Office by 1981 and reorganized within the Division of Tourism, Film, and the Arts under its present name in 1996. The office has an FY2012 appropriation of nearly $3.6 million and 25 employees. Tourism is Maryland's fourth largest industry and has an economic impact on Maryland by creating jobs, generating tax revenue, and increasing business income. [4] In fiscal 2011, the state's tourism industry generated $359 million, more than 5.1 percent over fiscal 2010. From 2007 to 2010, the number of visitors to Maryland grew by 5 million and the state increased its market share 16.9 percent. Maryland drew 32.2 million visitors in 2010, up 10.7 percent from 2009. [5]
To stimulate tourism, the Office develops recreational, historical and cultural attractions. The Office promotes Maryland as a travel destination for domestic and international tourists. It promotes the state's attractions, accommodations and events through its annual publications, Destination Maryland and Maryland Calendar of Events. Additionally, the staff advises third-party sellers of travel such as travel agents, and tour operators. There is a public relations staff that has assisted travel writers to generate nearly $7 million in destination publicity. The office also manages three Welcome centers. [6]
The Council supports the performing, visual and creative arts, including dance, drama, music, architecture, painting, sculpture, graphics, crafts, photography, design, film, television and creative writing (Code Economic Development Article, sec. 4-502). Support takes the form of grants and special programs. The Council makes grants to individual artists, arts organizations, and county arts councils. The Council has 13 authorized positions and a $14.2 million appropriation for FY2012. [4]
Formed in August 2008 as a joint venture between DBED and the Maryland Stadium Authority, the Office of Sports Marketing attracts, promotes, and develops regional, national and international sporting events. The office evaluates Maryland's sports assets and develops strategies to increase the number of sports events, both professional and amateur, in the state. [7]
The Maryland Film Office promotes Maryland as a location for film and video production. The office is an informational and logistical resource for productions, and assists productions with location scouting, permits, casting, film crew housing, catering, equipment rental, and other production needs. [8]
The Department of Commerce's Division of Marketing and Communications develops, coordinates, implements and evaluates proactive and integrated marketing activities for Maryland Commerce. Using research, brand assets and technology, the division communicates Maryland's competitive business advantages and quality of life. A centralized marketing resource, the division operates a creative and production shop, interactive program and business research and information services office. [9]
The division coordinates and creates a number of publications such as the Department's Annual Report and online e-letters Business Pulse, a monthly report on business expansions, economic development activity and industry events; Economic Pulse, timely reports on Maryland's latest economic indicators; Global Pulse, Maryland-related international investment and trade news; Bio Pulse, quarterly reports on the state's life sciences community; and Cyber Pulse, which promotes Maryland as the nation's epicenter for cybersecurity and information technology. [9]
The Public Affairs and Media Relations team maximizes Maryland's competitive business in broadcast, print and new media for local, national and trade media. [9] The Office of Marketing consists of the Promotions and Events team, which coordinates opportunities to promote the Agency, and the Creative Services team, which develops the department's brand marketing, creative collateral and information resources to support the Agency's marketing initiatives. [9]
The Research and Information team analyzes and communicates key economic and employment data. In addition to monthly reports on the economy, state rankings, and new and expanding businesses, the team also contributes to the department's many publications and strategic reports. [9]
As part of the Maryland BIO 2020 Initiative, the Maryland Biotechnology Center opened its offices in Rockville and Baltimore in September 2009. The center consolidates and coordinates existing initiatives in state government, the University System of Maryland, and the private sector to better support and expand biotechnology innovation and enterprises in Maryland. The Maryland Life Sciences Advisory Board guides center activities. [10]
The Maryland Biotechnology Center awarded $1 million to five promising life sciences companies through its Biotechnology Commercialization and Translational Research Awards in December 2011. A key component of the Bio 2020 initiative, the awards have assisted 13 Maryland life sciences companies and three university research projects with nearly $3.1 million in funding since 2009. [11] Maryland has approximately 500 core life sciences companies engaged in pharmaceutical discovery, research tools development, medical diagnostics and device development, and contract research and manufacturing organizations. [12]
The Center also helped more than 30 Maryland biotechs exhibit products before 15,000 biotech executives at the 2011 Bio International Conference in Washington, D.C. [13] At the event, Maryland Governor Martin O'Malley released a report that showed Maryland's life sciences industry employs 160,030 people — 71,600 directly – and accounts for 6.5 percent of the state's GDP. The industry was also found to create roughly $17.6 billion in economic activity and support $500 million in income and sales taxes annually. [12]
Maryland Commerce oversees the following organizations that are integral to its role and mission:
The Maryland Economic Development Commission establishes economic development policy and oversees department efforts to attract and retain businesses and jobs in Maryland. The Commission was revived in August 2009 and is chaired by Anirban Basu, Chairman and CEO of the Sage Policy Group. From the private sector, the Commission raises funds to supplement economic development programs and financial incentives to business. The Commission also advises the Commerce Secretary on regulations for financing programs and on the allocation of financial incentives. The Maryland Economic Development Commission was formed first by the Governor and then by statute in 1995 (Executive Order 01.01.1995.04; Chapter 120, Acts of 1995). See all commission members.
Established October 1, 2015, the Commerce Cabinet is composed of the Secretaries of the Departments of Commerce, Transportation, Labor, Licensing and Regulation, Environment, Housing and Community Development, Planning and the Governor's Office of Minority Affairs.
The LSAB was created by the legislature in 2007 to assist in maintaining Maryland's preeminence in the life sciences industry. Having 18 members, the Board includes the Secretary of the Maryland Department of Commerce, a representative designated by the Maryland Technology Development Corporation (TEDCO) and 16 members appointed by the Governor.
The Advisory Council on the Impact of Regulations on Small Businesses was created by the General Assembly in 2015 to advise the Joint Committee on Administrative, Executive and Legislative Review on the potential economic impact proposed regulations may have on small businesses.
E-Nnovation Initiative Fund Authority advises and consults with Maryland Commerce concerning the implementation and administration of the Maryland E-Nnovation Initiative Fund (MEIF). Through the program, nonprofit institutions of higher education in Maryland may create research endowments in scientific and technical fields of study. Private donations to those endowments may be matched by State funds from the Maryland E-Nnovation Initiative Fund Authority.
The Maryland Marketing Partnership, founded in statute as the Maryland Public-Private Partnership Marketing Corporation, was created to develop a branding strategy for the state, market the state's assets and encourage the location and growth of new businesses in Maryland. [14]
Promotes the viability and expansion of businesses owned by economically and socially disadvantaged entrepreneurs, and also small businesses that do not meet the established credit criteria of financial institutions, and consequently are unable to obtain adequate business financing on reasonable terms through normal financing channels. Created in 1978, the nine members serve five-year terms.
In 1966, the Maryland State Arts Council originated as the Governor's Council on the Arts in Maryland, established by Executive Order. It became the Maryland State Arts Council in 1967 (Chapter 644, Acts of 1967). Formerly under the Department of Economic and Community Development, the Council joined the Department of Economic and Employment Development in 1987 (Chapter 311, Acts of 1987), and transferred to the Department of Business and Economic Development in 1995 (Chapter 120, Acts of 1995). [4]
The Maryland Industrial Development Financing Authority (MIDFA) and the Maryland Economic Development Assistance Authority and Fund (MEDAAF) are both served by the same Authority members. For MIDFA, the Authority reviews and approves financing transactions being issued as private activity bonds and loan guarantees; for MEDAAF, the Authority reviews and approves loans to support economic development initiatives.
The Maryland Military Installation Council identifies the public infrastructure, potential impact on local communities, and support needed for State military installation development and expansion. The Council reviews State policies to support military installations and maximize economic benefits to local communities.
The Maryland Public Art Commission implements Maryland's formal public art program through sculptures, murals and other works in an effort to enhance the cultural landscape of Maryland communities. Created in 2005, with 12 members.
The Maryland Tourism Development Board was authorized in 1993 and reconstituted in 2007 (Chapter 625, Acts of 1993; Chapter 152, Acts of 2007). Chaired by Greg Shockley, the board stimulates and promotes travel and tourism in Maryland. Subject to the approval of the Secretary of Business and Economic Development and the Maryland Economic Development Commission, the board formulates a five-year strategic plan, an annual marketing plan, and an annual operating budget.
In the United States, the Department of Commerce is an executive department of the federal government concerned with promoting economic growth. Among its tasks are gathering economic and demographic data for business and government decision-making, and helping to set industrial standards. This organization's main purpose is to create jobs, promote economic growth, encourage sustainable development and block harmful trade practices of other nations. The Department of Commerce headquarters is the Herbert C. Hoover Building in Washington, D.C. Wilbur Ross is the current Commerce secretary.
The International Trade Administration (ITA) is an agency in the United States Department of Commerce that promotes United States exports of nonagricultural U.S. services and goods.
The Ministry of Economic Development, Job Creation and Trade in the Canadian province of Ontario is responsible for programs to attract and retain business and economic development in the province. This is pursued through research and development funding, business advisory services, career exploration opportunities and business startup programs for youth, skills development and marketing Ontario to potential international business investors.
The Philippine Department of Trade and Industry is the executive department of the Philippine Government tasked as the main economic catalyst that enables innovative, competitive, job generating, inclusive business, and empowers consumers. It acts as catalyst for intensified private sector activity in order to accelerate and sustain economic growth through comprehensive industrial growth strategy, progressive and socially responsible trade liberalization and deregulation programs and policymaking designed for the expansion and diversification of Philippine trade - both domestic and foreign.
The Oklahoma Department of Commerce is a department of the government of Oklahoma under the Oklahoma Secretary of Commerce. The Department is responsible for the supporting local communities, stimulating growth of the existing businesses, attracting new business, and promoting the development and availability of a skilled workforce. The Department is the lead agency for economic development in the state. The Department is led by and under the control of a Director appointed by the Governor of Oklahoma, with the approval of the Oklahoma Senate, to serve at the pleasure of the Governor.
The Vermont Agency of Commerce and Community Development is a Vermont state agency. The agency is charged with the enhancement of the Vermont business climate, the development of tourism, and strengthening Vermont communities.
Blondell Reynolds Brown is an American politician and member of the Democratic Party. She served as a member of the Philadelphia City Council.
Jennie M. Forehand is a legislator who has served 15 years in the Maryland Senate, representing Rockville, Gaithersburg, and Garrett Park. She previously served four terms in the Maryland House of Delegates.
The Georgia Department of Economic Development (GDEcD) is a department of the State of Georgia. The department plans, manages and mobilizes state resources to attract new business investment to Georgia, drive the expansion of existing industry and small business, locate new markets for Georgia products, inspire tourists to visit Georgia and promote the state as a top destination for arts events and film, music and digital entertainment projects.
Established in 1993, the Investment and Development Agency of Latvia, or LIAA for short, acts under the Ministry of Ministry of Economics of the Republic of Latvia. Since 2020, the Director of LIAA is Kaspars Rožkalns.
Maryland's leading industries by employment are health care and social assistance, state and local government, retail trade, and professional and technical services. Maryland's Gross State Product (GSP) was $295.4 billion in 2010. The Government sector produced $52.1 billion and accounted for 18 percent of Maryland's GSP in 2009. Federal government, including military and civilian, accounted for slightly more than half at just over $27 billion, while state and local government combined for nearly $25 billion. The Fort George G. Meade military installation, which includes employees of the National Security Agency, is the state's biggest employer at 44,540. The largest private sector industry is real estate with $48.4 billion, or 17 percent of economic activity. Large private employers in Maryland include Black & Decker, Legg Mason, Lockheed Martin, Marriott International, ZeniMax Media, McCormick & Company, Perdue Farms, General Motors, IBM, Northrop Grumman, and Verizon.
The American Chamber of Commerce (AmCham) is the largest foreign business organization operating in Russia. Founded in 1994, AmCham advocates the trade and investment interests of over 500 members, which include major U.S. Corporations, as well as large European and Russian companies. The Chamber advances commercial relations between the Russian Federation and the international community by promoting an investment-friendly environment. In so doing, the Chamber maintains a constant dialogue with the Russian government to protect and promote the economic interests of member companies.
The Wisconsin Department of Commerce was a department in the executive branch of the Government of Wisconsin. It was responsible for implementing and overseeing the economic development programs for Wisconsin through consultation, technical assistance, and relocation assistance. It also administered the distribution of federal economic assistance programs to local governments and businesses, and acts as a go-between for businesses and other government agencies. The department also enforced laws regarding safety and sanitation in buildings, petroleum products, and petroleum tanks. It also gave housing assistance to low income families.
The Ministry of Heritage, Sport, Tourism and Culture Industries, was created on January 18, 2010 when the Ministry of Culture and the Ministry of Tourism were combined under one ministry. Sport was added to the portfolio in 2011. It is responsible for the development of policies and programs and the operation of programs related to tourism, arts, cultural industries, heritage sectors and libraries, in Ontario. The Ministry works in partnership with its agencies, attractions, boards and commissions and the private sector to maximize the economic, cultural and social contributions of its agencies and attractions, while promoting the tourism industry and preserving Ontario's culture and heritage.
The Idaho Department of Commerce is the lead economic development organization for the State of Idaho, a state located in the Northwestern United States. The Department utilizes resources at a state level to improve the economic growth of the state. Idaho offers open door access to all levels of government. Providing public grants, tax credits, and tax exemptions are just a few of the incentives the Department of Commerce uses to entice companies to expand, relocate, or invest in Idaho through:
Ioanna Morfessis is an American business woman and an internationally recognized economic development strategist and practitioner. She has been an innovator in economic development programs and strategies since her first post in the profession, founding four economic development organizations and establishing programs and tools that became models for communities across the U.S. Morfessis is a trailblazer as a woman executive in economic development, having served as the first woman to lead economic development organizations in the markets that she served.
The Cultural Office of the Pikes Peak Region (COPPeR) is a certified nonprofit arts organization located in downtown Colorado Springs, Colorado and serving El Paso and Teller counties. In February 2014, Andy Vick replaced Christina McGrath as COPPeR's executive director. COPPeR receives funding from the city of Colorado Springs and from various grants. It acts as an umbrella artistic service, "the lead entity for centralizing and coordinating information about cultural services in the Pikes Peak region of Colorado." COPPeR conceptualizes itself as an adhesive that unifies the greater arts community to make arts and culture more dynamic and powerful than any one organization. COPPeR invites and engages residents and visitors to draw them into the local arts scene; it advocates for all of the arts; and it builds the cultural community to create a regional brand.
The Utah Office of Tourism is a government agency which aims to increase tourism to the state of Utah. This increase would provide revenue to Utah, easing the burden on taxpayers.
Enterprise Florida, Inc. (EFI) is a public–private partnership between Florida’s business and government leaders and is the principal economic development organization for the state of Florida. EFI’s mission is to expand and diversify the state’s economy through job creation. In pursuit of its mission, EFI works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.