Baltimore Sun: Southwest CEO discusses furloughs, braces for dismal winter

Kelly, who is currently not collecting a salary, said the company remains 20% overstaffed even after offering voluntary separation packages and extended leave programs to about 16,000 workers.
Read More...

BBJ: Sheppard Pratt expanding workforce training pipeline with $250K grant

Sheppard Pratt Health System logo
In the last two years, the system's Vocational Services Program was able to place 84% of its total homeless veteran clients in jobs and achieved an ideal 100% rate for those who were chronically homeless.
Read More...

TEDCO’s Maryland Innovation Initiative accelerates technologies from bench to market

Tedco logo
In the eight years since its launch, MII has disbursed $39M, de-risked 252 unique technologies and created 102 start-ups.
Read More...

M&T Bank customers secure nearly $7 Billion in Paycheck Protection Program funding to-date

M&T Bank Corporation (M&T) announced May 13, that to-date 32,273 of its customers have received approval for a total of nearly $7.0 billion in funding through the Paycheck Protection Program (PPP).
Read More...

M&T donates $200,000 to Maryland and Capital Area food banks

M&T Bank will contribute $200,000 to the Maryland Food Bank and Capital Area Food Bank to help the region’s two largest hunger relief organizations purchase and distribute food to those impacted by the coronavirus outbreak and related economic crisis throughout Maryland and Greater Washington.
Read More...

TEDCO’s Seed Fund Invests $200K in NewConnect, LLC

TEDCO, Maryland’s economic engine for technology companies, announced April 29 that NewConnect, LLC, a Bethesda-based provider of high speed internet access to commercial buildings and enterprises, received a $200,000 investment from its Seed Fund.   
Read More...

The Daily Record: Cardin, Van Hollen: New PPP funding unlikely to be the last

Maryland’s two U.S. senators said April 22,  that a second round of funding for the Paycheck Protection Program will help businesses unable to secure loans before the previous funding dried up and that more stimulus measures are expected as the nation battles the COVID-19 pandemic.
Read More...

CareFirst accelerates over $170M in payments and other support to healthcare providers

CareFirst BlueCross BlueShield will offer a new accelerated payment program to an array of healthcare providers experiencing financial strain due to the COVID-19 pandemic.
Read More...

Baltimore Sun: Gov. Hogan issues stay-at-home order for Maryland to stop spread of the coronavirus

Marylanders may only leave their homes for essential work or urgent medical care, to get food or prescriptions or for other “absolutely necessary” reasons, Gov. Larry Hogan said March 30  under a new “stay-at-home” directive to stop the spread of the coronavirus.
Read More...