Investments
91Portfolio Exits
30Partners & Customers
10About Maryland Department of Business & Economic Development
Maryland Department of Business & Economic Development (DBED) offers grants, loands and investments to support economic development initiatives.
Maryland Department of Business & Economic Development Investments
91 Investments
Maryland Department of Business & Economic Development has made 91 investments. Their latest investment was in Maryland Tech Council as part of their Grant - III on April 4, 2022.

Maryland Department of Business & Economic Development Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/22/2022 | Grant - III | Maryland Tech Council | $2.5M | Yes | 1 | |
6/30/2015 | Debt | Assisted Multicare Transportation | $0.05M | Yes | 1 | |
6/29/2015 | Debt | Tenable | $1M | Yes | 1 | |
5/7/2015 | Grant | |||||
5/7/2015 | Grant |
Date | 4/22/2022 | 6/30/2015 | 6/29/2015 | 5/7/2015 | 5/7/2015 |
---|---|---|---|---|---|
Round | Grant - III | Debt | Debt | Grant | Grant |
Company | Maryland Tech Council | Assisted Multicare Transportation | Tenable | ||
Amount | $2.5M | $0.05M | $1M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Maryland Department of Business & Economic Development Portfolio Exits
30 Portfolio Exits
Maryland Department of Business & Economic Development has 30 portfolio exits. Their latest portfolio exit was Fugue on February 17, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
2/17/2022 | Acquired | 2 | |||
1/19/2022 | Acquired | 3 | |||
11/24/2021 | Acquired | 4 | |||
Date | 2/17/2022 | 1/19/2022 | 11/24/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 3 | 4 |
Maryland Department of Business & Economic Development Partners & Customers
10 Partners and customers
Maryland Department of Business & Economic Development has 10 strategic partners and customers. Maryland Department of Business & Economic Development recently partnered with Breezeline on July 7, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/8/2022 | Partner | United States | Breezeline Partners With State and Local Counties to Expand Broadband Reach in Rural Maryland With support from the Rural Digital Opportunity Fund and the Coronavirus Aid , Relief , and Economic Security Act , the Virginia Telecommunication Initiative , and other partnerships , Breezeline has completed additional expansion projects in Mathews , Caroline , Lancaster , Middlesex and King George counties in Virginia , St. Mary and Queen Anne 's counties in Maryland , and Wolfeboro , New Hampshire . | 1 | |
4/20/2021 | Vendor | United States | US – IGT to deploy INTELLIGEN system with the Maryland Lottery and Gaming Commission `` IGT has been the Maryland Lottery and Gaming Commission 's trusted partner and the sole provider of its VLT systems since the State 's first casino opened in 2010 . | 1 | |
6/5/2020 | Partner | United States | Photo by Amy McLaughlin/PIH. PIH Liberia, Government Partners Establish New COVID-19 Center. In collaboration with Liberia 's Ministry of Health , National Public Health Institute , and Maryland County Health Team , Partners In Health Liberia is operating a 26-bed quarantine center in the coastal city of Harper , supporting the government 's COVID-19 response across Maryland County in Liberia 's southeast . | 1 | |
3/14/2019 | Vendor | ||||
6/19/2018 | Partner |
Date | 7/8/2022 | 4/20/2021 | 6/5/2020 | 3/14/2019 | 6/19/2018 |
---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Vendor | Partner |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Breezeline Partners With State and Local Counties to Expand Broadband Reach in Rural Maryland With support from the Rural Digital Opportunity Fund and the Coronavirus Aid , Relief , and Economic Security Act , the Virginia Telecommunication Initiative , and other partnerships , Breezeline has completed additional expansion projects in Mathews , Caroline , Lancaster , Middlesex and King George counties in Virginia , St. Mary and Queen Anne 's counties in Maryland , and Wolfeboro , New Hampshire . | US – IGT to deploy INTELLIGEN system with the Maryland Lottery and Gaming Commission `` IGT has been the Maryland Lottery and Gaming Commission 's trusted partner and the sole provider of its VLT systems since the State 's first casino opened in 2010 . | Photo by Amy McLaughlin/PIH. PIH Liberia, Government Partners Establish New COVID-19 Center. In collaboration with Liberia 's Ministry of Health , National Public Health Institute , and Maryland County Health Team , Partners In Health Liberia is operating a 26-bed quarantine center in the coastal city of Harper , supporting the government 's COVID-19 response across Maryland County in Liberia 's southeast . | ||
Sources | 1 | 1 | 1 |
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