Message from Special Secretary Rhee
Celebrate Diversity
April is National Celebrate Diversity Month, a time to honor, recognize, and appreciate the diversity that surrounds us in all aspects of our lives. Cultural diversity plays an important role in economic growth. It spurs new ideas, strategic thinking, and innovation at both the macro and micro levels. Maryland has the largest number of minority and women-owned businesses in the nation, and is ranked second for emerging technologies and innovation; a clear sign that diversity is among our greatest economic strengths. This month, I encourage each of you to share some of the things that make you unique, and discover the things you have in common with others. We have a responsibility to work together as we embrace diversity and encourage all Americans to pursue their dreams.
Sincerely,
Jimmy Rhee
Special Secretary
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Maintain "Good Standing" Status
Is your business in "Good Standing" with the Maryland State Department of Assessments and Taxation? In order to maintain Good Standing status, your business must file the required annual reports and maintain compliance with all applicable Maryland laws. Failing to do so means your business may be deemed "Not in Good Standing" which can eventually lead to forfeiture. A forfeited entity may not legally conduct business in the State. Visit Maryland Business Express to learn more about restoring or maintaining Good Standing status.
Maintain Good Standing Status
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Lead with a Global Mindset
International business can be big business. If you are exploring the idea of taking your business to the international market place, the Maryland Global Export Consulting program can help. This collaborative effort provides 10 hours a week of consulting from students at the University of Maryland's acclaimed Robert H. Smith School of Business. Consulting projects may be aligned with one traditional functional area or cross-functional areas, including data analytics, fintech, blockchain, and more. July 1st is the deadline to apply.
Maryland Global Export Consulting Program
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Value Proposition
Why would a customer choose you over another company? The answer lies within your value proposition, so make sure it is engaging and compelling. Your value proposition identifies the customer group you are targeting, defines the benefit you provide, and identifies why you are the best choice. Crafting a value proposition is not an easy task. Click the link below for a few examples and tips to help.
32 of the BEST Value Propositions (Plus How to Write Your Own)
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Small Business Events
Ready, Set, GROW! in Central Maryland
Our signature Ready, Set, GROW! Procurement Connections Workshop will be held in Hanover at the Maryland Department of Transportation's headquarters on Maryland on Monday, April 22nd. Participants will learn how to do business with state agencies then meet with the buyers from 10 different agencies/departments. Small, minority, women, and veteran business owners are invited to attend this free event which includes access to a variety of small business resource partners who can help your small business grow. Seating is limited, so register today and join us.
Ready, Set, GROW! Procurement Connections Workshop
Mark Your Calendar
Most business development takes place outside the office. We maintain a robust calendar of events on our website. It's updated regularly, so be sure to check back often. Here are just a few upcoming events:
04/06/2019 - The Entrepreneurial Expo
04/09/2019 - Peak Proposal Prowess - A Primer for SF330 Production (3 part webinar)
04/10/2019 - Procurement Teach & Talk
04/11/2019 - Social Media for Business
04/18/2019 - WBO Network Building Luncheon
04/22/2019 - Ready, Set, GROW! Procurement Connections Workshop
04/23/2019 - Understanding Prevailing & Living Wage Laws
04/23/2019 - Cash Flow Management
04/25/2019 - Quickbooks for Business
Check out our full range of small business events
online at goMDsmallbiz.maryland.gov.
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