Created by the Maryland General Assembly in 1984, the Maryland Economic Development Corporation (MEDCO) is an instrumentality of the state and a public corporation. Its mission is to encourage economic development, commerce, and employment within Maryland. MEDCO achieves this by providing financing solutions, including issuing tax-exempt and taxable bonds, making loans, and acquiring, developing, and owning real estate projects, often in partnership with private sector entities and other government agencies.

Founded in

United States