Columbia-based TEDCO has announced the launch of the Leading Women’s Program in collaboration with the Montgomery County Economic Development Corp. Located at the Universities at Shady Grove, TEDCO and the MCEDC are creating a community of entrepreneurs to support each other and provide a best-in-class entrepreneur leadership development program. The 10-month pilot program will be […]
Howard Chamber
Posted inBusiness News
$11M set for renovations at Maryland Wholesale Produce Market
Howard County Executive Calvin Ball was recently joined by Maryland Department of Agriculture Secretary Joe Bartenfelder to announce $11 million in joint funding to support renovations to the Maryland Wholesale Produce Market, in Jessup. Ball included $1 million for the project in his proposed fiscal 2023 budget, which was passed by the County Council, to […]
Posted inCyber
DataTribe announces annual cybersecurity startup challenge
DataTribe, a Fulton-based global cyberfoundry that invests in and co-builds next-generation cybersecurity and data science companies, has launched its fifth-annual DataTribe Challenge. The competition is poised to identify and curate Pre-Series A, high-technology startups with a vision to disrupt cybersecurity and data science. Three finalists will split $20,000 in prize money and one winner will […]
Posted inBusiness News
Merkle: customer experience impacts brand loyalty
Columbia-based Merkle, a division of dentsu, has released its 2022 Loyalty Barometer Report to offer insights into how marketers can build more meaningful, lasting customer relationships. Among the findings are that loyalty programs are no longer just about discounts and transactions. Consumers want brands to go the extra mile to connect with them, and more than 75 percent […]
Posted inBusiness News
Rekor Systems to acquire Southern Traffic Services
Rekor Systems, a global AI technology company based in Columbia, has entered into a Letter of Intent to acquire Southern Traffic Services. STS is a recognized leader in traffic engineering and advanced traffic data collection technologies across public and private agencies. Under the terms of the LOI, Rekor will acquire STS, of Gulf Breeze, Fla., for […]
Posted inFinance
Howard County earns Excellence in Financial Reporting award
Howard County earned a prestigious Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) of the United States and Canada. The professional group recently honored the county for excellence in following generally accepted accounting principles and promoting transparency in the Annual Comprehensive Financial Report submission for fiscal 2021. Each fiscal year, […]
Posted inEmployment
APL honored as Best Place to Work
The Johns Hopkins Applied Physics Laboratory (APL), in Laurel, was honored with a Glassdoor Employees’ Choice Award, ranking No. 15 out of 100 U.S. large companies on the Best Places to Work in 2022 list. This award is based solely on feedback from employees, who anonymously complete company reviews about their jobs, work environments and employers. APL’s rating […]
Posted inBusiness News
TEDCO’s Maryland Venture Fund invests $500K in startup
The Columbia-based Maryland Technology Development Corp. (TEDCO), Maryland’s economic engine for technology companies, announced its Maryland Venture Fund (MVF) invested $500,000 in Transformania. The MVF is an early-stage, venture capital fund dedicated to funding and growing the next generation of outstanding technology-based businesses in the state. With the goal of making meaningful investments into venture trajectory businesses as […]
Posted inEducation
Ball commits $8M for HCPSS educator bonuses
Howard County Executive Calvin Ball has pledged $8 million in American Rescue Plan funding to provide bonuses to Howard County Public School System educators. In a letter to the Board of Education (BOE), Ball also requested they use a portion of its $43.5 million federal Elementary and Secondary School Emergency Relief Fund III to match the County’s $8 […]
Posted inBusiness News
Sysco to acquire Coastal Companies
Sysco Corp., a global foodservice distribution company, has entered into an agreement to acquire the Laurel-based Coastal Companies, a leading fresh produce distributor and value-added processer, from Continental Grain Company. Upon completion of the transaction, the acquisition will operate as part of FreshPoint, Sysco’s specialty produce business. The acquisition will create a strong FreshPoint presence in the mid-Atlantic […]