With significant business communities
of established and emerging companies in fields such as Information
Security, Modeling and Simulation, IT Products and Services, Communications
and Alternative Energy, Maryland offers a superb environment for
advanced technology enterprises.
Access to Customers and Partners
The U.S. government represents more than 12 percent of
the world software market. Key federal agencies and facilities in
and around Maryland include the National Security Agency (NSA),
the Department of Homeland Security (DHS), the National Institutes
of Health (NIH) and the United States Census Bureau.
Collaboration between these agencies and private industry fuels
market opportunities in every sector of the economy, including the
biosciences, information technology, software, and health care and
hospitality.
An Exceptional Workforce
Maryland ranks first in professional and technical workers
as a percentage of the workforce, and the number of Ph.D.s currently
employed in the state. Top-rated universities, including The Johns
Hopkins University and the University System of Maryland, perform
R&D and generate top quality degree holders
Atmosphere of Creative Innovation
Maryland is a research and development powerhouse-ranking
second nationally in R&D obligations by the federal government-with
$12.2 billion in funding annually.
Federal, academic, and private institutions conduct research at
leading facilities like the National Institute of Standards and
Technology (NIST) and the Food and Drug Administration (FDA). Detailed
information on these institutions can be found in the Department's
report on Academic and Federal Research Centers in Maryland.
Business-Friendly Environment
According to Entrepreneur magazine, the State of Maryland
was the most active early-stage investor in the U.S. in 2006. Through
a number of innovative assistance programs and direct equity investment,
Maryland is building a culture, environment, and infrastructure
to support technology and business growth. |
