Multi-Year Agenda

GBC is engaging more than 200 partners and stakeholders to develop and implement a ten-year economic strategy for the region’s economic future.  

Building on the work of the Economic Alliance of Greater Baltimore (EAGB), one of GBC’s primary roles is to lead efforts to attract new investments and jobs to the region. Launched in May 2024, GBC’s regional branding initiative is distilling a clear and cohesive business identity for the Baltimore Region by amplifying key assets and overall civic progress.

Economically significant activity centers exist throughout the Baltimore Region, with several emerging as priority hubs for advancing regional economic development objectives. GBC works to activate these areas by engaging with our networks and prioritizing initiatives and investments that align economic development, land use, and placemaking.

GBC coordinated the successful effort to secure a coveted federal Tech Hub designation for the Baltimore Region from among more than 400 competitive applications. The 48-member consortia brought together public, private, and academic partners focused on catalyzing the Baltimore Region’s artificial intelligence and biotechnology sectors. The Tech Hubs Program was enacted as part of the CHIPS and Science Act of 2022, which authorized $10 billion for the program over five years. 

GBC is developing a unified and competitive regional framework for investment/talent attraction and business expansion. As part of this effort, GBC is actively building partnerships with local jurisdictions to collaboratively promote the region’s assets to investors.

The Baltimore Region’s business community has long identified public transportation as a crucial component of the region’s economic competitiveness. To meet this need, the Greater Baltimore Committee and Greater Washington Partnership established the Baltimore’s Transit Future coalition — now supported by more than 70 businesses and anchor institutions — to join our public and civic sector partners in elevating the priority transit receives.

The Baltimore Region is slated for a host of infrastructure investments that have major implications for economic growth, commercial development, and civic life. GBC convenes regional leaders across real estate, business, and government to provide insight on how best to advance these projects and ensure they positively impact the region.

Housing vacancy constrains economic growth and stunts the revitalization of local neighborhoods. Working with the Mayor’s Office and BUILD, GBC is part of a landmark agreement to aggressively combat Baltimore City’s vacant and abandoned properties over the next 15 years. 

GBC is working with its public partners to identify evidence-based strategies for gun violence reduction and support police officer recruitment and retention in the Baltimore Region.

GBC is working with stakeholders to identify ways to scale the effectiveness of local hiring and procurement throughout the Baltimore Region.

GBC is committed to increasing entrepreneurship and the ease of doing business in the Baltimore Region. This entails taking a closer look at ways to streamline business permitting practices and improving the efficiency of government functions.