Current with changes from the 2024 Legislative Session
Section 2.5-105 - Objectives of DepartmentTo attract and encourage business development and serve the needs of business, the Department shall:
(1) advance the economic welfare of the public through programs and activities that develop in a proper manner the natural resources and economic opportunities of the State;(2) promote and encourage the location and creation of new industries and businesses in the State and encourage the retention and expansion of existing industries;(3) support the creation of new businesses and the growth of existing businesses in the State by improving their quality, productivity, and competitive position in the global marketplace;(4) assist the growth and revitalization of small businesses;(5) support the growth of the State and regional economies by providing consulting, technical assistance, and liaison activities on business and economic development issues;(6) promote the development of international trade activities;(7) assist businesses and employees through training and other employment services;(8) promote regulatory reform and coordinate efforts with other State and local units; and(9) foster and develop employment opportunities for residents of the State.Amended by 2015 Md. Laws, Ch. 141,Sec. 2, eff. 10/1/2015.Renumbered as § -2.5-105 by 2015 Md. Laws, Ch. 141,Sec. 1, eff. 10/1/2015.This section is set out more than once due to postponed, multiple, or conflicting amendments.