Maryland Business Innovation Association
About Us
The Maryland Business Innovation Association (MBIA) was founded in 2002 to advance business incubation in Maryland.
Today, MBIA has evolved to bring support to the entire ecosystem. With a membership comprising of over 40 influential entities, MBIA’s impact resonates across Maryland’s diverse landscape, reaching urban and rural spaces alike.
Our members serve as vibrant hubs of innovation, fostering a fertile environment where ambitious ideas take root and flourish. MBIA’s influence extends beyond economic metrics, rather it has worked at positioning itself as a cornerstone of Maryland’s entrepreneurial ecosystem and a catalyst for innovation.
Our Stats
1,750 Companies
Since 2002 more than 1750 companies were started in Maryland. Today approximately 550 companies can be found within or affiliated with the more than 25 Innovation Centers within MBIA.
12,000 New Jobs
Since 2002, MBIA Member Companies have created more than 12,000 new jobs in Maryland and that number continues to grow each and every day. Incubators foster job creators.
550 Businesses
MBIA Members nurture over 550 businesses, from tech companies to biotech, med tech, and green tech, to digital media and cybersecurity companies. The diversity of the businesses within and graduating from our incubators, accelerators and co-working spaces reflect the diversity of resources available to Maryland startups.