Program revived to give grants for exports

March 12, 2010

Hoping to increase the number of local businesses with an overseas reach, Gov. Martin O'Malley said Thursday that the state will restart a program that gave $5,000 export-assistance grants to firms but had its funding frozen this fiscal year because of the budget crisis. The planned July 1 revival of the Export MD program is part of his newly announced Maryland Export Initiative, which O'Malley hopes will create jobs by connecting more firms to foreign markets. Just 3 percent of Maryland companies currently export overseas, he said.

- Jamie Smith Hopkins

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