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Maryland’s New Business Climate

Across Maryland, it’s a new day for business. Change is underway with private sector job growth that is more than double the national average. We want you to know how committed we are when we say we are “Open for Business.” From startups to industry leaders, Maryland’s economy is stronger than ever and getting stronger every day. If you have a business in Maryland we salute you. If you don’t, what are you waiting for?


In percentage of professional & technical workers


In percentage of doctoral scientists & engineers


Federal labs (2 times more than any other state)


IT companies call Maryland home


Home to 70 of the top 100 defense contractors


Home to 14 of the top 25 aerospace companies


In bachelor’s degree attainment


Among 50 states in WalletHub’s Innovation Index


“Best State to Live In” by 24/7 Wall St. 

Why Maryland? Find Out

Proud to Call Maryland Home

Maryland companies are driving innovation in areas such as BioHealth & Life Sciences, IT & Cybersecurity, Aerospace & Defense, Energy & SustainabilityAdvanced Manufacturing and Military & Federal. The state has 900 foreign-owned companies and many Maryland companies have an international presence.

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SUCCESS IN MARYLAND: Clear Guide Medical

Dorothee Heisenberg, CEO of Clear Guide Medical a medical device company based in Baltimore talks about her company, and how being in Maryland helps Clear Guide Medical thrive. Some of Maryland’s advantages that Heisenberg mentions includes funding opportunities, proximity to Washington D.C., and overall quality of life.

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