Governor Moore has announced the launch of the Maryland Business Ready Sites Program, aimed at spurring economic growth by developing shovel-ready business sites across the state. Backed by $3.5 million in matching grants. The program, established under the governor’s December 2024 economic competitiveness executive order, is managed by the Maryland Economic Development Corporation (MEDCO) in collaboration with state, county and municipal economic development agencies. It offers two grant types: site characterization grants, which fund professional evaluations of a site’s development status and potential, and site improvement grants, which cover costs for infrastructure upgrades, environmental remediation and other developmental needs.
Quoted: “Since Day One, we’ve worked to make Maryland more competitive,” said Governor Moore. “Together, we will attract business growth to the state, create new jobs, and position Maryland to win the decade.”
