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Baltimore Development Corporation reports 90% progress on economic strategy
The Baltimore Development Corporation hosted its “Baltimore Together: In Action” Networking Breakfast on May 7, 2025, at The Whiting-Turner Contracting Company Conference Center in the Village at Mondawmin. The event celebrated progress on Baltimore’s citywide economic strategy launched in 2021.
Colin Tarbert, president and CEO of BDC, reported over 90% progress toward stated goals, including investments in Black- and women-owned businesses, workforce training, entrepreneurship and wet lab infrastructure for the life sciences sector.
Maryland Secretary of Commerce Harry Coker Jr. delivered the keynote address and participated in a fireside chat with Tarbert. Coker emphasized Maryland’s commitment to fostering innovation in “lighthouse industries” such as life sciences, data science and quantum computing. He highlighted the Governor’s Office of Business Assistance, a new initiative designed to help businesses navigate resources and grow in Maryland.
The event featured Mark Kaufman of the Neighborhood Impact Investment Fund, which has $80 million in committed capital across 50-plus transactions citywide, and Kenya Miles of Blue Light Junction, who discussed Baltimore’s creative economy.
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