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Strategic investments and streamlined programs to drive innovation and fortify cybersecurity infrastructure.
ANNAPOLIS, Md. - Marylandian -- Annapolis, MD – Maryland is set to enhance its cybersecurity and economic landscape through the DECADE Act, a pivotal legislative initiative. This act, championed by Governor Moore, focuses on strategic investments and streamlined programs to drive innovation and fortify critical infrastructure, including cybersecurity.
The DECADE Act's comprehensive overhaul of existing economic development programs emphasizes a data-driven approach, prioritizing initiatives that demonstrate a clear return on investment. This includes a thorough evaluation of industry sectors, allowing the state to concentrate resources on high-growth areas like cybersecurity. By streamlining the Department of Commerce, the act aims to create a more agile and responsive environment for businesses, particularly those in the technology and cybersecurity sectors.
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"In today's digital age, cybersecurity is not just a necessity; it's a critical component of economic development," stated a representative from DigiLink Cyber. "The DECADE Act's focus on strategic investment and innovation will bolster Maryland's cybersecurity infrastructure, protecting businesses and residents from evolving threats."
The act's emphasis on RISE zones and changes to tax credit programs are designed to attract and support cybersecurity firms, fostering a robust ecosystem of innovation and job creation. By prioritizing programs that enhance technological capabilities and promote cybersecurity best practices, the DECADE Act will strengthen Maryland's position as a leader in the digital economy.
"This legislation represents a proactive approach to ensuring Maryland remains at the forefront of technological advancement," said Dominic Fragman of AFCEA Southern Maryland. "By investing in cybersecurity, we are not only protecting our critical infrastructure but also creating a more resilient and prosperous state."
More on Marylandian
The DECADE Act's potential to create a ripple effect of positive change extends beyond economic growth. By fortifying cybersecurity, the legislation will enhance the safety and security of Maryland's businesses and residents, safeguarding sensitive data and protecting against cyber threats.
As the DECADE Act progresses through the legislative process, stakeholders are optimistic about its transformative potential. With strong support from the governor, key legislators, and the cybersecurity community, Maryland is poised to take a significant step forward in building a secure and prosperous future.
The DECADE Act represents a forward-thinking approach to economic development, integrating cybersecurity as a fundamental component of growth and innovation. This legislation offers a compelling vision for a more secure and vibrant Maryland.
Source(s): CitizenPortal.ai - Maryland General Assembly introduces DECADE Act to enhance economic development (https://citizenportal.ai/articles/2263891/Maryland/Maryland-General-Assembly-introduces-DECADE-Act-to-enhance-economic-development)
The DECADE Act's comprehensive overhaul of existing economic development programs emphasizes a data-driven approach, prioritizing initiatives that demonstrate a clear return on investment. This includes a thorough evaluation of industry sectors, allowing the state to concentrate resources on high-growth areas like cybersecurity. By streamlining the Department of Commerce, the act aims to create a more agile and responsive environment for businesses, particularly those in the technology and cybersecurity sectors.
More on Marylandian
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"In today's digital age, cybersecurity is not just a necessity; it's a critical component of economic development," stated a representative from DigiLink Cyber. "The DECADE Act's focus on strategic investment and innovation will bolster Maryland's cybersecurity infrastructure, protecting businesses and residents from evolving threats."
The act's emphasis on RISE zones and changes to tax credit programs are designed to attract and support cybersecurity firms, fostering a robust ecosystem of innovation and job creation. By prioritizing programs that enhance technological capabilities and promote cybersecurity best practices, the DECADE Act will strengthen Maryland's position as a leader in the digital economy.
"This legislation represents a proactive approach to ensuring Maryland remains at the forefront of technological advancement," said Dominic Fragman of AFCEA Southern Maryland. "By investing in cybersecurity, we are not only protecting our critical infrastructure but also creating a more resilient and prosperous state."
More on Marylandian
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The DECADE Act's potential to create a ripple effect of positive change extends beyond economic growth. By fortifying cybersecurity, the legislation will enhance the safety and security of Maryland's businesses and residents, safeguarding sensitive data and protecting against cyber threats.
As the DECADE Act progresses through the legislative process, stakeholders are optimistic about its transformative potential. With strong support from the governor, key legislators, and the cybersecurity community, Maryland is poised to take a significant step forward in building a secure and prosperous future.
The DECADE Act represents a forward-thinking approach to economic development, integrating cybersecurity as a fundamental component of growth and innovation. This legislation offers a compelling vision for a more secure and vibrant Maryland.
Source(s): CitizenPortal.ai - Maryland General Assembly introduces DECADE Act to enhance economic development (https://citizenportal.ai/articles/2263891/Maryland/Maryland-General-Assembly-introduces-DECADE-Act-to-enhance-economic-development)
Source: AFCEA Southern Maryland
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