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Maryland Economic Development Corporation

Fueling Maryland's Momentum

Since 1984, MEDCO has helped turn Maryland's ambitions into vibrant places, stronger communities, and a legacy built to endure.

About MEDCO
  • Pedestrians Walking in Front of Multi-Story Building
  • Annapolis Harbor at Sunset
  • Aerial View of Large Building
  • Roundabout in Downtown Baltimore, Maryland
  • Visit Baltimore Sign in Grassy Patch
  • Construction Workers Walking Through Construction Site
  • Cargo Ship Unloading in Port
  • BWI Airport Terminal at Night

What we do

Building Lasting
Community Value.

MEDCO helps partners turn complex ideas into transformational projects that lift Maryland's communities.

Project

Seagirt Marine Terminal

Baltimore, MD • 2011

Keeping Maryland connected to global trade takes more than a busy port. MEDCO helped expand Seagirt Marine Terminal with the infrastructure needed to handle growing cargo volumes and keep goods moving.

Port of Baltimore cranes

"A port that has powered this region for generations,"

– Mark Schmidt, President, Ports America Chesapeake

$248M

Investment in the port powering Maryland

Project Details View All Projects

About MEDCO

From Project Financing to Development, We Do It All.

Roundabout in Downtown Baltimore

Revenue bonds, real estate, workforce programs, strategic advisory and consultancy services — MEDCO brings the full toolkit to every partnership.

Explore Services & Programs
Roundabout in Downtown Baltimore

Our Impact

Forty Years. Real Numbers. Real Maryland.

The work speaks for itself. Forty years of investment across communities, industries, and lives that make up Maryland.

  • Project Financing

    Access to capital should never be a barrier. MEDCO helps partners secure the funding to strengthen opportunities and communities statewide.

    $8.89B

    secured in bonds

  • Economic Development

    Turns bold visions into lasting economic growth, one transformative project at a time.

    338

    projects across the state of Maryland

  • Equality Impact

    Equity is the foundation of a stronger Maryland.

    $48.6M+

    spent on minority business enterprises (FY2025)

  • Investing in our future

    Accelerating investment across Maryland.

    15:1 ROI

    Every $1 invested in the Maryland Business Ready Sites Program generates $15 in private sector match (FY2025)

People Walking on an Elevated Footbridge in Baltimore, Maryland

our approach

Bringing The Right People and Pieces Together

Behind every project MEDCO supports is a community of people, and the partners, capital, and expertise to serve them well.

Explore What We Do

Get in touch

Built on decades of trust, accountability, and civic purpose

40 years of public stewardship across Maryland communities.


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