TEDCO’s Builder Fund invests $450K in eight start-ups

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TEDCO’s Builder Fund was created to financially and operationally support the development of startup companies run by entrepreneurs who demonstrate a socially or economically disadvantaged background that hinders access to traditional forms of capital and executive networks at the pre-seed stage. Continue reading
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Morgan State announces no increase of tuition & fees for 2020/2021 academic year

Following a decision that was made prior to the conclusion of the 2020 spring semester, Morgan State University will not be increasing its tuition or fees for the 2020/2021 academic year. Continue reading
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BBJ: Legg Mason’s profit grows 29% in fiscal 4Q despite pandemic

Legg Mason Inc. saw its profit increase in fiscal fourth quarter despite the Covid-19 pandemic, which CEO Joseph A. Sullivan said "reinforced the importance" of the company's planned sale to Franklin Templeton. Continue reading
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BBJ: SBA snapshot: These banks are processing the most PPP loans in Maryland

The Small Business Administration has approved more than $1.5 billion in small business relief loans to be disbursed by banks in Maryland, according to figures obtained by the Baltimore Business Journal. Continue reading
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GBC’s 2020 Maryland General Assembly Legislative Session Summary

Every year, prior to the start of the legislative session of the Maryland General Assembly, the GBC releases its Legislative Priorities, which are based on several core policy priority areas. Here is the end of session summary. Continue reading
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Legg Mason partner organizations help to address nutritional needs in Baltimore

Local citizens are coming together without fear through social media to do what is needed – organizing volunteers, distributing food and critical supplies and running errands for vulnerable populations – all while maintaining appropriate social distancing. Continue reading
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The Daily Record: Md. jobless claims soar to unprecedented levels

More than 42,300 people filed first-time unemployment claims in Maryland, a number that vastly exceeds the highest period of claims during the Great Recession. Continue reading
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CareFirst commits $2M to nonprofits addressing community needs amid coronavirus

CareFirst BlueCross BlueShield will contribute $2 million to area nonprofits serving the needs of communities during the novel coronavirus outbreak. Continue reading
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