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Advanced Technology

With significant business communities of established and emerging companies in fields such as Information Security, Modeling and Simulation, IT Products and ServicesCommunications and Alternative Energy, Maryland offers a superb environment for advanced technology enterprises.

Access to Customers and Partners

The U.S. government represents more than 12 percent of the world software market. Key federal agencies and facilities in and around Maryland include the National Security Agency (NSA), the Department of Homeland Security (DHS), the National Institutes of Health (NIH) and the United States Census Bureau.

Collaboration between these agencies and private industry fuels market opportunities in every sector of the economy, including the biosciences, information technology, software, and health care and hospitality.

An Exceptional Workforce

Maryland ranks first in professional and technical workers as a percentage of the workforce, and the number of Ph.D.s currently employed in the state. Top-rated universities, including The Johns Hopkins University and the University System of Maryland, perform R&D and generate top quality degree holders

An Atmosphere of Creative Innovation

Maryland is a research and development powerhouse—ranking second nationally in R&D obligations by the federal government—with $12.2 billion in funding annually.   

Federal, academic, and private institutions conduct research at leading facilities like the National Institute of Standards and Technology (NIST) and the Food and Drug Administration (FDA).  Detailed information on these institutions can be found in the Department's report on Academic and Federal Research Centers in Maryland.

Business-Friendly Environment

According to Entrepreneur magazine, the State of Maryland was the most active early-stage investor in the U.S. in 2006. Through a number of innovative assistance programs and direct equity investment, Maryland is building a culture, environment, and infrastructure to support technology and business growth.

Detailed information is available on the following key sub-sectors: