Powering Possibilities Statewide

MEDCO is a quasi-public entity of the State of Maryland, created to help Maryland act on economic opportunity. Translation: a private sector approach to our work to support communities, strengthen institutions, create jobs, and expand opportunity across the state. MEDCO works with both public and private partners to finance, build, manage, and sustain projects that advance communities, empowering the public sector to thrive while eliminating barriers for private sector growth. Learn more about our focus and legacy here.

MEDCO helps partners determine whether a project has the right purpose, potential, and path forward for Marylanders. A project located in Maryland may be a fit for MEDCO if it advances economic development, community value, job creation, infrastructure, redevelopment, education, workforce, business growth, or another public-purpose goal. Because every project is different, the best first step is to connect with MEDCO early to see if your program aligns with our priorities. Our team can review the project’s goals, timing, location, financing needs, and potential impact to determine how MEDCO may be able to help.

Complex projects need more than just capital; they need structure, coordination, and a partner who understands capital markets and private sector needs. MEDCO helps eligible partners access and structure financing for projects. Depending on the project, that may include revenue bond financing or other financing approaches that help partners acquire land, build facilities, improve infrastructure, redevelop properties, or create long-term economic value. Learn more about our financing services here.

The earlier, the better. MEDCO can help partners think through project structure, feasibility, financing strategy, site needs, partnership opportunities, and long-term stewardship before major decisions are already locked in. Early conversations help clarify whether MEDCO’s services are the right fit, and can help create a clear path from idea to impact. Connect with the MEDCO team here.

MEDCO looks for projects that have a meaningful impact on Maryland communities and fall within its statutory authority. In other words, projects with a clear community value, a practical path to execution, and potential to create lasting value for institutions, businesses, and local economies. MEDCO considers factors such as economic impact, community benefit, feasibility, financing needs, job creation, infrastructure value, and alignment with state or local development priorities. Learn more about our portfolio of projects here.

Vendors, contractors, consultants, and professional service providers can visit our Doing Business page to learn about current opportunities, including RFPs, subcontracting opportunities, and contracting resources. MEDCO works with partners across a range of disciplines to help finance, construct, manage, and maintain projects.

Current MEDCO programs can be found here. Each program has its own eligibility requirements, funding priorities, and application process, so applicants should review the specific program guidance or contact MEDCO to determine the best path forward.