Per the State or Maryland:
ANNAPOLIS, MD—Governor Larry Hogan today announced that applications for the new Maryland Global Gateway program are now available. At the World Economic Forum in Switzerland earlier this year, the governor announced an inaugural $2 million investment in this innovative program, which helps attract more international businesses and eases their transition into the U.S. market by connecting them with local incubators and accelerators.
“The Maryland Global Gateway program removes many of the risks that international companies face when exploring the U.S. market, and we are very pleased to launch this application process,” said Governor Hogan. “Maryland truly is open for business. Our state is worth the attention and investment of even more international companies, and now we look forward to making it easier than ever to forge closer ties with partners across the globe.”
Applications for the Maryland Global Gateway program will be accepted until Oct. 31, 2022. This initial $2 million investment will provide incentives for the first 50 eligible companies, including:
- Funding towards rent costs for six months for more than 20 business incubators and accelerators across the state;
- Assistance with business registration costs for foreign companies who choose to stay in Maryland; and
- Training, mentoring, matchmaking, and networking through both state government and local incubator programs.
There are 20 accelerators and incubators throughout the state currently participating in the initiative, which builds on the state’s Soft Landing Program announced last year during the SelectUSA Investment Summit.
“We are excited to partner with Maryland’s outstanding network of incubators and accelerators to attract new foriegn investment to our state,” said Maryland Commerce Secretary Mike Gill. “Having the expertise of Commerce’s international team, as well as the support of incubators throughout Maryland will give foreign companies looking to locate here a tremendous advantage.”
Maryland businesses are also eligible for the program, allowing them to engage with partner incubators while exploring new markets abroad. Companies can apply for an ExportMD grant for up to $5,000 to help offset the cost of their participation.
In June, Governor Hogan announced a partnership between Maryland and the Guinness Enterprise Centre (GEC) in Ireland, which is the leading university-associated business incubator in the world. The partnership will focus on soft landing spaces, academics, and networking opportunities between the two regions.
Maryland’s Office of International Investment and Trade works to stimulate foreign direct investment in the state, offers export assistance, and coordinates international trade and investment missions and trade show opportunities for Maryland companies. The state also has 18 foreign trade offices across the globe. For more information on Maryland’s assets for global business, visit open.maryland.gov/global.
Recent Stories
MCPS High School Sports Scores for Apr 18, 2024 (powered by www.MoCoAI.com):
Montgomery Parks will launch a new street festival this spring on Sligo Creek Parkway between Dennis Avenue and University Boulevard called the Sligo Creek Fest. It will take place on Saturday, May…
The Maryland Attorney General’s Office issued the following news release on Thursday, April 18:
Montgomery College has announced that professor Heather Bruce Satrom has received the American Association of Community College’s award.
17th Annual Kensington Day of the Book Festival
Now in its 17th year, the Kensington Day of the Book Festival is a family-friendly street festival featuring 150+ renowned authors, poets, and literary organizations. Enjoy live music on five stages, special guest speakers, military veteran writers and comedians, poetry readings, cookbook demos, children's program, and much more.
Admission is free, and attendees will also be able to explore a marketplace of books and food offerings from local vendors.
Not your average book festival! This festival offers something for everyone!
17th Annual Kensington Day of the Book Festival
Sunday, April 21, 2024, 11am-4pm (held rain or shine!)
Howard Avenue, Kensington, MD 20895
www.dayofthebook.com
Instagram: @kensingtonbookfestival
Contact: Elisenda Sola-Sole, Festival Director
301-949-9416 (text preferred)
FEST OF SPRING Caribbean Wine Food & Music Festival
Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.
Step into a world where the Caribbean spirit comes alive! From 12:00 PM onwards, immerse yourself in a sensory journey that celebrates the unique culture, cuisine, and music of the Caribbean. Whether you're an African American, a Reggae or Soca music enthusiast, a wine lover, or part of the vibrant Caribbean diaspora, this festival promises to delight and captivate you in every way.
Let the enticing aromas of mouthwatering Caribbean dishes tantalize your taste buds. Feast on traditional delicacies prepared by expert chefs, showcasing the rich and diverse culinary heritage of the Caribbean. Indulge in flavorful jerk chicken, succulent seafood, and delectable plantain dishes that will transport you straight to the islands.
Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.
As the sun sets, get ready to groove to the infectious rhythms of Caribbean music. Feel the pulsating beats of reggae, soca, dancehall, and calypso, moving your body to the lively melodies. Live performances by talented musicians and performers will keep the energy high, ensuring a night of unforgettable entertainment.
Don't miss this opportunity to embrace the Caribbean spirit and celebrate the arrival of spring in style! Tickets are available on AllEvents, so secure your spot today. Join us at the FEST OF SPRING Caribbean Wine Food & Music Festival, where cultures collide and unforgettable memories are made.
LIVE PERFORMANCES By: CULTURE Feat. Kenyatta Hill, EXCO LEVI, IMAGE BAND, RAS LIDJ REGG'GO with Special Guest SUGAR BEAR FROM E.U. & MORE! & MORE!
MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME
2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES
KIDS 12 & UNDER FREE!!!
