Anne Arundel Economic Development Corporation

Anne Arundel Economic Development Corporation (AAEDC) is a non-profit organization that serves as the economic development agency for Anne Arundel County, Maryland. While not a biotechnology or pharmaceutical developer itself, AAEDC is a key facilitator for the life sciences and healthcare sectors within the Maryland biotech corridor. The organization provides essential services such as site selection assistance, business financing through various loan programs, and administration of tax credits to attract and retain technology-driven companies. AAEDC specifically supports the regional innovation ecosystem by connecting startups with resources and leveraging the county's proximity to federal research institutions and major healthcare systems. Its mission is to foster a robust business climate that supports high-growth industries, including health IT and biotechnology.