Archive for December, 2022

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Connections | 2022 Baltimore MBDA Advanced Manufacturing Center Newsletters

The Mid-Atlantic Region Minority Business Development Agency Advanced Manufacturing Center - Baltimore publishes Connections, a newsletter for Center stakeholders and others in the minority manufacturing community. View issues for: December 2022 - Includes Calendar Year-In Review November 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 Listed | 10 of 10 2022 Digital Issues Read more

CRMSDC | HotChat Podcasts

HotChat features Minority Business Connections. View podcasts with Jimmy Rhee, Special Secretary, Maryland Governor's Office of Small, Minority & Women Business Affairs; Dr. Cindy Shao, Founder & President, Asian American Chamber of Commerce; Celandra Deane-Best, CFP, Senior Vice President, Capital Area Market Leader PNC Private Bank; and more, with Host Sharon R. Pinder, President & CEO, Capital Region MSDC. Read more. Read more

MMG | Maryland’s State Small Business Credit Initiative (SSBCI) Program

SSBCI funding can be accessed by any qualifying business in Maryland. MSBDFA’s direct loan and equity investment component is known as the Equity Participation Investment Program (“EPIP”). EPIP has received an SSBCI funding commitment of $45 million over a 7-year period. MSBDFA’S EPIP assistance using SSBCI funding will provide loans ranging from $25,000 to $2,000,000 and equity investments from $25,000 to $1,000,000. To determine if your business qualifies for SSBCI funding, you will need to submit an MSBDFA program application. Read more. Read more

RMI’s Future of Maryland Manufacturing Video

View “The Future of Maryland Manufacturing,” a Regional Manufacturing Institute of Maryland video released at the November 17, 2022 Maryland Manufacturing Celebration. For more details on the vision for the future of Maryland manufacturing, click here to view the message from RMI President Dr. Mike Galiazzo that was included in the Celebration program." Read more. Read more

Reshoring Sets a New Record in Q3 2022

December 22, 2022 VMA News Release - "Q3 data is in, and it shows reshoring + FDI job announcements were at the highest rate ever recorded, about 15% above Q1 2022, the previous record. 4Q 2022 looks strong enough to reach a 2022 total of 350,000+ jobs."  Read more. Read more

Four Pillars of WIM-Virginia – Virginia Manufacturers Association

WiM-Virginia is dedicated to supporting, promoting and inspiring women who are pursuing or have chosen a career in the manufacturing industry. Our Leadership Council, made up of representatives from VMA member companies, is responsible for programming oversight in four key areas: Mentoring, Professional & Youth Outreach, Professional Development, Events and Community Engagement. We are the Virginia state affiliate of Women in Manufacturing®....Get to know the Four Pillars of WIM-Virginia." Read more

Expanding Opportunities

"The 2022 edition of The Daily Record’s Expanding Opportunities Resource Guide for Small, Minority and Women Businesses was published on Sept. 23. Published in conjunction with the Governor’s Office of Small, Minority & Women Business Affairs, Expanding Opportunities explores diversity, entrepreneurship and innovation in Maryland’s small business community." Read more.  Read more

Interested in the Mid-Atlantic Region MBDA Advanced Manufacturing Center - Baltimore? Join us today!

The center assists minority-owned manufacturing companies with consulting services, contract and financing opportunities, bonding services, building business-to-business alliances, global/ teaming/joint venture opportunities, and executive training.