MEDCO

Maryland Economic Development Corporation (MEDCO) is an independent agency which enables the State of Maryland to develop property for economic purposes. MEDCO provides financing, technical and marketing assistance to existing, new and potential business ventures in the areas of Maryland that are experiencing economic distress.

MEDCO assists state and local economic development agencies in expanding and retaining existing businesses and attracting new ones. It also develops and rehabilitates industrial sites. The corporation is governed by a 12-member Board of Directors.