State program helps companies promote goods, services globally
BALTIMORE, MD (May 25, 2016)
– Eighteen small and mid-sized Maryland companies have been awarded ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program is administered by the Maryland Department of Commerce and helps businesses finance the costs of marketing internationally, including trade show fees, brochures and travel expenses. Applications are accepted on a bi-monthly basis and the next application deadline is June 1, 2016. Eligibility requirements can be found on the Commerce website
Quality Technology, Inc., an IT solutions firm in Largo, recently traveled to Dubai with assistance from the ExportMD program. The company noted that the trip was an educational experience for its entire team.
“The ExportMD program provided Quality Technology with immediate international connections that we would not have experienced otherwise,” said Dr. Judy Dubose, Quality Technology, Inc.’s director of global marketing. “As a result, we are reassessing our capabilities with a more defined focus. It was a great experience.”
In July, Maryland Commerce will lead a delegation of companies to the Farnborough International Airshow
, one of the world’s premier aviation and space industry events. Aviation Systems Engineering Company (ASEC) is among the companies attending and plans to extend their services and training options to a variety of international customers.
“The ExportMD grant enables ASEC to develop sophisticated marketing materials, initiate capture efforts, and establish international relationships that will be reinforced by our attendance at the Farnborough Air Show,” said Fred Kuehl, ASEC’s director of business development. “This program is a critical component in expanding our international footprint.”
“The ExportMD program is one of our most successful tools for connecting Maryland businesses with new partners around the world and helping them to create jobs and increase revenues,” said Governor Larry Hogan. “I encourage all Maryland companies that are considering doing business internationally to learn more about the funding and guidance offered by the ExportMD program.”
“In today’s competitive global economy – with 95 percent of the world’s consumers residing outside of the United States – businesses of all sizes need to think about innovative ways to tap into new opportunities for growth,” said Maryland Commerce Secretary Mike Gill. “The ExportMD program has helped dozens of Maryland businesses find new avenues for trade and investment.”
Established in 1999, the ExportMD program provides matching grants from $5,000 to $10,000 as well as up to 40 hours of marketing consulting from Commerce’s Office of International Investment and Trade. ExportMD is funded in part through a Cooperative Agreement with the U.S. Small Business Administration, which awarded a $518,413 State Trade and Export Promotion (STEP) grant to Maryland Commerce last year to help fund the program.
May 2016 ExportMD grant recipients
Anne Arundel County
S&M Engineering, LLC
SUN Automation Group
Land Sea Air Autonomy
Land Sea Air Manufacturing
Planar Monolithics Industries, Inc.
WGS Systems, LLC
SURVICE Engineering Company
Results Scorecard, LLC
Temple Allen Industries
Prince George’s County
Quality Technology, Inc.
St. Mary’s County
Aviation Systems Engineering Company
Maryland’s Office of International Investment and Trade works to stimulate foreign direct investment in the State, offers export assistance, and coordinates international trade and investment missions and trade show opportunities for Maryland companies. The state has 11 foreign trade offices, including Canada (Montreal), China (Shanghai), Taiwan (Taipei), South Korea (Seoul), Africa (Nigeria), Mexico (Mexico City), Brazil (Sao Paulo), France (Paris), Israel (Tel Aviv), India (Delhi), and the United Arab Emirates (Dubai).
About Maryland Commerce
The Maryland Department of Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State's many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Because they are major economic generators, the Department also supports the Arts, film production, sports and other special events. For more information, visit commerce.maryland.gov