Economic development

Subsidiary of BioLineRx Opens U.S. Office in Rockville, Hires Local Business Development Executive

BALTIMORE, MD -- May 29, 2008 – As part of his economic development mission to Israel, Maryland Governor Martin O’Malley today announced that BioLineRx USA, Inc., a wholly-owned subsidiary of BioLineRx, one of Israel’s leading drug development companies, has opened a U.S. office in Maryland.

BioLineRx USA has already hired a local Vice President of Business Development to seek out potential collaborative opportunities for BioLineRx in Maryland and the U.S.    » read more »

Governor signs executive order reorganizing the economic development agency to deliver greater clarity and accountability; announces change in leadership

May 12, 2008 -- (Salem) – Today Oregon Governor Ted Kulongoski took the first step toward restructuring the way the state of Oregon approaches two equally important economic development priorities, community development and business development, to better prepare Oregon for success in an increasingly competitive global economy.    » read more »

April 10, 2008 -- BOSTON – Massachusetts Attorney General Martha Coakley’s Office has proposed amendments to its Brownfields Covenant Program regulations in order to streamline the application process for future agreements and to create new incentives to redevelop abandoned or underutilized contaminated properties. The program, which has been in place since 1999, promotes environmental cleanup and economic development by providing liability protections to individuals or companies with redevelopment projects on contaminated property.    » read more »

02/21/2008, WASHINGTON — The U.S. Department of Labor today announced a $250,000 Regional Innovation Grant to the state of Iowa to assist the Cedar Valley region in expanding its economic development efforts in the wake of long-term downsizing at Deere & Co. The funding will be used to develop strategies that incorporate the region's assets and create economic advantages that attract employers and competitive employment opportunities for workers.    » read more »

Project will assist 17-county region of both states

02/21/2008, WASHINGTON — The U.S. Department of Labor today announced a $250,000 Regional Innovation Grant to Minnesota to align economic development resources and establish structured economic strategies that create common goals for the 17-county region of northeast Minnesota and northwest Wisconsin.    » read more »

Strategies to address impacts caused by declining timber industry

02/11/2008, WASHINGTON — The U.S. Department of Labor today announced a $250,000 Regional Innovation Grant to Montana to develop strategic plans that move the regional economy from a declining base in timber to high growth industries that offer workers better employment opportunities.    » read more »

Jan 11, 2008 -- BATON ROUGE - Louisiana has been awarded fourth place in the Business Facilities Magazine, a publication that provides relocation information for businesses, first ever State of the Year Award.

According to the magazine, the award recognizes the hard work of economic developers and singles out the state with the most economically significant relocation and expansion projects of the year.    » read more »