§ 2.5-105
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/md/economic-development/2-5-105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§2.5–105.
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.