Maryland’s state-sponsored “International Incubator” woos foreign investment by helping entrepreneurs get their start.
If you’re a foreign entrepreneur looking to break into the U.S. market, the State of Maryland wants to help.
On the third floor of a nondescript office building perched on a busy commercial strip in College Park, Maryland, foreign-owned start-ups can get a boost at the Maryland International Incubator, a first-of-its-kind incubator focused exclusively on foreign companies settling in the United States.
Since its start in 2009, the incubator – a partnership between the University of Maryland and Maryland state officials – has helped launch more than 30 foreign-owned ventures in the state.