§ 2.5-105
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 2.5-105 (2026)
Title 2.5. Department of Commerce
Subtitle 1. Organization and General Authority of the Department
§ 2.5-105LinkCopy Citation
To attract and encourage business development and serve the needs of business, the Department shall:
(1)
advance the economic welfare of the public through programs and activities that develop in a proper manner the natural resources and economic opportunities of the State;
(2)
promote and encourage the location and creation of new industries and businesses in the State and encourage the retention and expansion of existing industries;
(3)
support the creation of new businesses and the growth of existing businesses in the State by improving their quality, productivity, and competitive position in the global marketplace;
(4)
assist the growth and revitalization of small businesses;
(5)
support the growth of the State and regional economies by providing consulting, technical assistance, and liaison activities on business and economic development issues;
(6)
promote the development of international trade activities;
(7)
assist businesses and employees through training and other employment services;
(8)
promote regulatory reform and coordinate efforts with other State and local units; and
(9)
foster and develop employment opportunities for residents of the State.