The Maryland Business Innovation Association (MBIA) was founded in 2002 to advance business incubation in Maryland. Representing 25 incubators, MBIA supports approximately 550 companies across the state in both urban and rural areas. Since its inception, our incubators have generated 12,000 jobs, making it equivalent to one of the state’s largest employers.
MBIA and Maryland Department of Commerce have partnered to launch the Maryland Business Innovation Challenge. This unique program is designed to bring together the state’s corporate community with local innovators to solve real-time business challenges.
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.
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.
MBIA Member Organizations nurture nearly 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.