2024 MEDA Primer for Economic Development in Maryland

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The 2024 Primer for Economic Development in Maryland was held on May 30, 2024, sponsored by the Howard County Economic Development Authority, offering those new to economic development and veterans of the field the opportunity to gain further insight and strengthen their knowledge of economic development in Maryland. This year, dozens from across the state joined us for an engaging and enlightening day-long session at the Maryland Innovation Center. Attendees were able to meet with important players in Maryland’s economic development world, ask questions, learn about resources and practices, and connect with colleagues in a smaller-scale group setting.

The Primer began with a welcome from MEDA President Richard Griffin, CEcD, and an insightful conversation between the CEO of the Howard County Economic Development Authority, Jennifer Jones, and The Honorable Calvin Ball, County Executive of the Howard County Government. Next, attendees listened to a comprehensive overview of the basics of economic development and asked questions during the interactive “Fundamentals of Economic Development – Q&A” portion of the morning. Then, new speakers shared an in-depth overview of Maryland’s economic development climate during the “Maryland’s Economy, Key Industries and Strategic Advantages” session. They covered Maryland’s assets, demographics, industries, regional differences, the state’s competitive position, and challenges. The day concluded with IGNITE presentations and a panel of state, county, and local officials convened for “How Does Maryland “Do” Economic Development?” Where they discussed agencies’ approaches to growth, the importance of developing and maintaining solid partnerships, attracting and retaining international businesses, and past successes and challenges.

 

AGENDA – (SPEAKER SLIDES ARE LINKED THROUGHOUT THE AGENDA)

9:15 – 9:30  Welcome 

  • Richard Griffin, CEcD, President, Maryland Economic Development Association 
  • Jennifer Jones, CEO, Howard County Economic Development Authority
  • The Honorable Calvin Ball, County Executive, Howard County Government

9:30 – 10:00  Fundamentals of Economic Development – Q&A

An overview of the basics of economic development and an opportunity to have questions answered.

  • David Iannucci, President & CEO, Prince George’s Economic Development Corporation
  • Richard Griffin, CEcD, President, Maryland Economic Development Association

10:00-10:15  Break

10:15 – 11:45    Maryland’s Economy, Key Industries, and Strategic Advantages

This session provides an overview of Maryland’s economy, its competitive strengths and weaknesses, and key economic assets.  We’ll look closer at Maryland’s different regions and key industry sectors, how Maryland competes with other states, and discuss Maryland’s value proposition for new business investment.

  • Roger Venezia, CEcD, Director of Operations and Special Projects, Maryland Department of Commerce
  • Tamar Osterman, CEcD, Senior Business Development Representative, Maryland Department of Commerce
  • Laurie Babb, CEcD, Director of Economic Development, Montgomery County Economic Development Corporation 

11:45 – 12:45 Lunch

12:45-1:45  Ignite Presentations 

1:45 – 2:00   Break 

2:00 – 3:00 How Does Maryland “Do” Economic Development? (no slides used) 

Our moderator will provide an overview of how state and local representatives work together and break down the scenarios for how specialized programs depend on the jurisdiction, the company, and the community’s overall needs. Presenters will discuss varying approaches for business startups, growth, retention and attraction from the perspective of the state and rural, suburban, and urban communities.  The panel will address significant elements of what goes into the business development process depending on the jurisdiction, the project, and the company’s requirements.  Speakers will share case studies to show the key elements of a project.

  • Moderator: Lara Fritts, FM, CEcD, Frederick County Division of Economic Opportunity
  • Kevin Baynes, AICP, Director, Community Programs, Division of Neighborhood Revitalization, Maryland Department of Housing & Community Development
  • Kimberly Clark, Executive Vice President, Baltimore Development Corporation
  • Matthew D. Doyle, Sr. Business Development Representative, Maryland Department of Commerce
  • Jessica Reynolds, CEcD, Senior Director, Office of International Investment & Trade, Maryland Department of Commerce 
  • Erin Roth, Assistant Secretary, Division of Workforce Development and Adult Learning, Maryland Department of Labor 
  • Dave Ryan, Executive Director, Salisbury-Wicomico Economic Development 

3:00 Wrap-up 

When

Thu, May 30 @ 9:00 am - 3:00 pm

Where

Maryland Innovation Center
6751 Columbia Gateway Dr
Columbia , 21046

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2024 MEDA Primer for Economic Development in Maryland