[company_age]40.0[/company_age][employees]11-50 employees[/employees][funding]grant[/funding][description]The Maryland Economic Development Corporation (MEDCO) is a quasi-public agency established in 1984 to promote economic growth and development in the state of Maryland. MEDCO provides a range of services to support businesses, including financing, development management, project asset management, and advisory services. The agency also works to attract new businesses to the state and to create employment opportunities. MEDCO is a unique organization in that it is both a public and private entity, with a board of directors appointed by the governor of Maryland and a staff of professionals with expertise in finance, development, and economic development. This unique structure allows MEDCO to leverage both public and private resources to support economic development in the state.[/description][ps]Financing, development management, project asset management, and advisory services.[/ps]