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Maryland Department of Commerce

Our Impact

Commerce advances Maryland as a global hub for innovation, investment and business growth. Through business attraction, financing, incentives and workforce development, we support companies across the state. Here is what that work delivered in the most recent year.

FY2025 headline numbers

  • 24,000

    jobs supported. Direct, supply chain and induced.
  • 13,000

    direct jobs. Created and retained across Commerce incentive programs.
  • $434M

    in private investment. Leveraged across 830+ Commerce incentive programs.

How we measure

Every year we publish a scorecard that tracks our performance across business attraction, financing, small business lending, workforce training, exporting, tourism and the arts. It is the clearest picture of what the agency delivers.

Selected Recent Wins

  • AstraZeneca

    2,600 jobs and $2B invested in biopharmaceuticals, Frederick and Montgomery counties.

  • Samsung Biologics

    500 jobs and $280M in life sciences, Montgomery County.

  • X-Energy

    760 jobs and $220M for a nuclear fuel and test facility, Montgomery and Frederick counties.

  • Sphere

    4,750 jobs and $1B in annual economic impact through tourism, Prince George’s County.

Go Deeper