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§ 2.5-105. Objectives of Department

MD Econ Dev Code § 2.5-105 (2019) (N/A)
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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.

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