Maryland economic development officials have opened an international office in London to help the state attract investments from international cyber-security companies.
The office will be run through a partnership between the state Department of Commerce and iCyberCenter@bwtech, an international business incubator in bwtech@UMBC Research and Technology Park on UMBC’s campus. The office will be paid for by the state commerce department through a grant to iCyberCenter@bwtech.
“Maryland truly is leading the cyber generation, and this unprecedented cyber sector growth is helping to drive an exciting economic resurgence in our state,” Gov. Larry Hogan said in an announcement Thursday.
During Hogan’s trade mission to London in June, state officials signed a memorandum of understanding between Maryland and Midlands Engine, the U.K.’s center of cybersecurity and technology. The London office, which opened Oct. 1, will be headed by Andy Williams, who heads cCyberCenter@bwtech and will continue as the incubator’s international director.
“Maryland represents a huge opportunity for overseas defense and cyber-security companies seeking to establish a presence in the U.S. market,” Williams said.