Transcript Document
1 MARYLAND’S KEY INTERNATIONAL SERVICES PROVIDED AT THE STATE AND FEDERAL LEVELS DBED International Operations A branch of Maryland Dept of Business & Economic Development. Trade consulting Grants International Offices International Representatives World Trade Center Institute A private sector lead international business network. International Business Events Connections to World Trade Centers Local and global introductions U.S. Export Assistance Center A local branch of the U.S. Dept of Commerce U.S. and Foreign Commercial Service. Trade Events Monthly Newsletter Business Services Trade Consulting and Advocacy 2 The Business Development Division’s International Operations team promotes Maryland as a premiere U.S. business location and valuable trading partner. 3 International Operations Mission • Market Maryland as ideal destination for foreign direct investment • Stimulate economic activity within Maryland through contact with the international marketplace • Serve Maryland’s business community with the programs, research, contacts, and guidance needed to engage in international business 4 Maryland Overview • Center of the Boston-Miami Corridor on the Atlantic seaboard • Near nation’s capital, Washington, D.C. • Ranks 42nd in size and 19th in population among 50 states (5.6 million residents) • Washington-Baltimore Metropolitan Area is: • Nation’s 4th largest retail market • Nation’s highest median income 5 Strategic Location 6 DBED Mission • Attract new businesses to Maryland • Stimulate private investment to create jobs • Encourage expansion and retention of existing Maryland companies • Provide Maryland businesses with support, including workforce training and financial assistance 7 State Support For Business • Job creation tax credits • Research and development tax credits • Work force training program • Maryland Venture Fund • 5% State Sales Tax Exemption to Film/Video Producers 8 Target Industries • • • • Advanced Technologies Biosciences Insurance & Finance Manufacturing & Distribution 9 International Operations Programs and Services PROGRAMS SERVICES •ExportMD Grant - up to $ 5,000 in grant funding - up to 80 hrs of Foreign Office assistance •Assist with Trade Shows •Coordinate Trade Missions •Market Research & Counseling •Research Potential Customers, Agents & Distributors Overseas •Export Transaction Counseling •Pathfinder 10 Overseas Offices 11 International Team DBED Investment & Trade Executives: Representatives: China /Taiwan Europe Central/Eastern Europe, Japan, Korea Middle East & North Africa Sub Saharan Africa, Singapore, Latin America India 12 Partner Organizations • MD Secretary of State’s Office (S.O.S.) • Maryland Department of Agriculture • United States Department of Commerce • United States Export Assistance Center (USEAC) • SCORE 13 David W. Edgerley Clarence Bishop Secretary 410.767.6301 Deputy Secretary 410.767.6301 [email protected] Deborah Hawkins-Epps Executive Secretary to David Edgerley 410.767.6305 [email protected] [email protected] Delterese George Executive Assistant to Clarence Bishop 410.767.6306 [email protected]