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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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ECONOMIC DEVELOPMENT |
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DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
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TITLE 2. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
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SUBTITLE 1. ORGANIZATION AND GENERAL AUTHORITY OF DEPARTMENT |
§ 2-118. Objectives of Department
Latest version.
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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.