Business Retention Is Key To Success For Baltimore In 2015
At a Maryland Economic Development Association meeting, Governor- Elect Larry Hogan said he wants to revamp the state's various job training programs which are administered by different state departments. He wants to streamline and possibly eliminate those which are not performing. He specifically wants to partner manufacturing with college placement efforts; and according to Baltimore Business Journal, he wants to increase advanced manufacturing which uses leading-edge technology to improve processes and products.
His newly appointed Secretary of the Department of Business and Economic Development, Mike Gill was also present at the Economic Development Meeting; and he emphasized the retention of existing businesses - and jobs - in Maryland as well as the attraction of new enterprise. One immediate goal is the retention of McCormick and Co. which employs about 2,400 people here in Maryland.
In a report issued October, 2014, Cyber Security in Greater Baltimore and the State of Maryland, through the Economic Alliance of Greater Baltimore, and authored by Patrick Dougherty, Chief Market Analyst, it is indicated that cyber security here in the Baltimore region and the State of Maryland as a whole is one of the fastest growing industries here and in the U.S.
The report cites that there are about 77,000 skilled cyber security professionals residing here, making this one of the most densely concentrated cyber security markets.
The report estimates there are approximately 13,393 available jobs in cyber security according to the Cyber Security Jobs Report produced by the Abell Foundation and the Cyber Technology Innovation Center.
Further, it estimates that if all of the positions could be filled within Greater Baltimore, then, by 2020, the cumulative impact of $3.88 billion on the local economies could result in 11,914 additional jobs in the region; most of which would be in the Food Service and Employment Services industries.
Lastly, Citelighter, a Baltimore City based educational technology company which moved here from New York City in 2013, and which provides a platform for students to improve their writing skills, has announced that they expect to close on a two million fundraising round, according to the Baltimore Business Journal. While details were not disclosed to the Baltimore Business Journal, Citelighter's CEO Saad Alam has previously indicated that he wishes to increase his staff in February, 2015 to 50, and again in October, to 100. Citelighter is currently offered in over 3,000 schools and has won six national awards.
Susan Brown originally spent many years in banking/finance before confronting her addictions. She has now been in recovery for 20 years. Her current interests, in which she has several certifications, are metaphysics and the healing arts. She has written for Examiner.com since 2009 and also writes for Om Times.
