KEY INDUSTRY
STATS
HEALTHCARE & BIOSCIENCES
• With more than 900 research scientists and entrepreneurs , the UM BioPark conducts hundreds of research projects each year for more than 200 companies .
• Venture funding for Maryland life science companies increased more than 700 percent in 2018 .
HIGHER EDUCATION
• The Baltimore region is home to seven community colleges and 16 four-year colleges and universities .
• Among Baltimore County workers older than 25 , 38 percent have at least a bachelor ’ s degree — higher than the national average of 30.3 percent . And 91 percent are high school graduates .
GOVERNMENT & DEFENSE CONTRACTING
• Maryland has 20 military facilities supporting chemical and biological defense R & D , military intelligence , cybersecurity and more . Nearby Fort George G . Meade is the state ’ s biggest employer .
• Maryland is home to more than 9,000 aerospace and defense contractors , which generate more than $ 33 billion a year .
• Nearly one-fifth ( 17 percent ) of the state ’ s total economic output is produced by the $ 57.4 billion military industry .
source : Maryland Department of Commerce ; https :// open . maryland . gov / industries / military-federal
• Maryland has the highest proportion of employed PhD scientists , microbiologists and biological scientists in the nation .
sources : Baltimore County , Economic Alliance of Greater Baltimore ; https :// www . baltimorecountymd . gov / Agencies / economicdev / meet-baltimore-county / education /
https :// www . greaterbaltimore . org / our-region
• The healthcare industry supports over 100,000 jobs across Greater Baltimore .
• Eight of the nine highest-ranked hospitals in Maryland are located in Greater Baltimore , including Johns Hopkins and UM Medical Center .
sources : Economic Alliance of Greater Baltimore ; https :// www . greaterbaltimore . org / sites / default / files / LifeSciences2019 . pdf
https :// www . greaterbaltimore . org / sites / default / files / Healthcare2019 . pdf
KEY INDUSTRIES
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