Maryland's economy benefits enormously from its proximity to Washington, D.
Maryland's economy benefits enormously from its proximity to Washington, D.C., with federal agencies, defense contractors, and cybersecurity firms driving employment across the state. The National Institutes of Health, the National Security Agency, and Fort Meade create a massive concentration of biotech research and cyber intelligence jobs. Johns Hopkins University and its affiliated health system are the state's largest private employer and anchor a world-class biomedical research corridor.
Maryland offers an exceptionally educated workforce — one of the highest concentrations of STEM workers in the nation — and direct access to the federal procurement pipeline. The state provides tax credits for R&D, cybersecurity, and biotechnology companies.
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