Photo Release: Lt. Governor Boyd K. Rutherford Promotes Maryland Healthcare, Cyber Industries During Middle East Trade Mission
Markets State’s Strength, Innovation to Global Audiences at Arab Health, Cybertech Conferences
ANNAPOLIS, MD—Lt. Governor Boyd K. Rutherford this week concluded an economic development trade mission to Dubai, United Arab Emirates and Tel Aviv, Israel. Throughout business and government meetings, tours, and speaking engagements, the lieutenant governor aggressively promoted Maryland’s many strengths in the healthcare and cybersecurity industries in order to encourage international companies to expand their operations into the state. Maryland is widely regarded as a global leader in both the healthcare and cybersecurity industries, which together generate over $60 billion for the state’s economy and provide more than 165,000 jobs and growing.
While in Dubai, Lt. Governor Rutherford attended Arab Health 2020, the second-largest healthcare exhibition in the world and the largest in the Middle East. The lieutenant governor delivered remarks at the Maryland booth where he was joined by the Maryland Department of Commerce and eleven local Maryland startups and small to mid-sized businesses, showcasing their products and services to conference attendees from nearly 160 countries.
“Maryland has always been a state with great assets: a highly-educated workforce, world-class universities and research institutions, military installations, federal agencies, and laboratories that drive innovation in the life sciences,” said Lt. Governor Rutherford. “We are ready to be your gateway to North America, and we can provide a soft landing for companies that want to explore the market, make connections, and build relationships with American businesses. There really is no better place for companies looking to expand to the United States, and we are ready and eager to work with businesses from all over the world.”
In Tel Aviv, Lt. Governor Rutherford shifted his focus to Maryland’s cyber industry, delivering remarks at the world-renowned Cybertech Conference. Speaking to an audience of industry executives, entrepreneurs, investors, and government officials from more than 80 countries, the lieutenant governor touted the state’s cyber assets including federal government agencies, military installations, and sixteen higher education institutions designated by the National Security Agency as National Centers of Academic Excellence in Cyber Defense. In addition, the state offers numerous financial assistance opportunities for start-ups, research & development entities, and cyber investors through the Maryland Venture Fund and various tax credits through the Maryland Department of Commerce.
“Maryland and Israel have a great deal to offer one another in the cyber field, which makes us natural partners,” the lieutenant governor said. “We’ve been building a strong, collaborative relationship, particularly in recent years, and Maryland is eager to build on that partnership.
“Cyber is one of our most important industries. This is an industry where people want to be, and it is an industry where Maryland is known to be a leader. No state in America is better able to address the rapidly emerging and evolving cybersecurity challenges facing the world today. And in an increasingly competitive international economy where companies can — and do — locate virtually anywhere, we are looking beyond our borders for opportunities to strengthen international partnerships, and strengthen Maryland’s position as the cyber capital of America.”