About MBIA

Our Vision

An ecosystem in which innovation can succeed.

Our Mission

Improve the economy and business environment for entrepreneurs and innovators through member-based resources and services.

Driving Innovation, Entrepreneurship, and the Future of Maryland’s Economy

The Maryland Business Innovation Association (MBIA) was founded in 2002 to advance business incubation in Maryland. Representing 25 organizations, MBIA supports approximately 550 companies across the state in both urban and rural areas. Since its inception, our member companies have generated nearly 12,000 jobs, making it equivalent to one of the state’s largest employers. While the terms “incubator” and “incubation” still are used, MBIA’s definition of incubator and models of incubation have evolved to respond to the needs of its members and the demands of today’s marketplace—from traditional lab space for longer gestating engineering and biotechnologies to co-working and accelerator models for software, digital media, web and mobile app technologies.

Our objectives are focused on promoting the interests of our incubator members and creating an environment to enable our companies to succeed.

1

Enhance the visibility of Innovators and Entrepreneurs among state and local stakeholders, including elected officials, business leaders and higher education leaders

2

Advocate for the interests of Innovators and Entrepreneurs in policy-making and legislation.

3

Support the goals of economic development locally and statewide

4

Provide a forum for the Innovation Community to exchange ideas about best practices for effective operation of our centers

We encourage you to explore our website to learn more about MBIA, our incubators and our companies.