1. 2 DBED International Operations A branch of Maryland Dept of Business & Economic Development. World Trade Center Institute U.S. Export Assistance Center.

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Presentation transcript:

1

2 DBED International Operations A branch of Maryland Dept of Business & Economic Development. World Trade Center Institute U.S. Export Assistance Center A local branch of the U.S. Dept of Commerce U.S. and Foreign Commercial Service. Trade consulting Grants International Offices International Representatives International Business Events Connections to World Trade Centers Local and global introductions Trade Events Monthly Newsletter Business Services Trade Consulting and Advocacy MARYLAND’S KEY INTERNATIONAL SERVICES PROVIDED AT THE STATE AND FEDERAL LEVELS A private sector lead international business network.

3 The Business Development Division’s International Operations team promotes Maryland as a premiere U.S. business location and valuable trading partner.

4 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

5 Maryland Overview Center of the Boston-Miami Corridor on the Atlantic seaboard Near nation’s capital, Washington, D.C. Ranks 42 nd in size and 19 th 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

6 Strategic Location

7 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

8 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

9 Target Industries Advanced Technologies Biosciences Insurance & Finance Manufacturing & Distribution

10 International Operations Programs and Services Assist with Trade Shows Coordinate Trade Missions Market Research & Counseling Research Potential Customers, Agents & Distributors Overseas Export Transaction Counseling ExportMD Grant - up to $ 5,000 in grant funding - up to 80 hrs of Foreign Office assistance Pathfinder PROGRAMSSERVICES

11 Overseas Offices

12 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

13 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

Deborah Hawkins-Epps Executive Secretary to David Edgerley David W. Edgerley Secretary Clarence Bishop Deputy Secretary Delterese George Executive Assistant to Clarence Bishop