Hungry? Baltimore County Restaurant Week kicks off Friday at some 60 suburban eateries

Good news for the hungry but budget-minded: Baltimore County Restaurant Week, offering reduced-price meals at more than 60 restaurants, begins Friday. The week (which actually runs 16 days, until Feb. 2) features fixed-price lunch, brunch and dinner menus, priced at $15-$35. The restaurants are scattered throughout the county, from Dimitri’s International Grille in Catonsville to Jimmy’s Famous Seafood in Dundalk, The Melting Pot in Towson to Kooper’s in Jacksonville. (Balt. Sun)

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Protenus to expand, move HQ to Brown's Wharf in Fells Point

Tech data startup Protenus is expanding and moving its headquarters to the Fells Point waterfront. The health data security company just signed a deal to move into 12,000 square feet of office space at Brown's Wharf at 1615 Thames St. and will occupy an entire floor in the former industrial building. It will move in early March. The company has 65 employees and is expecting to hire 25 more workers this year, said Kira Caban, a spokeswoman on Tuesday. (Balt. Bus. Journal)

Maryland firms topped $1B raised last year for first time since 2001

Venture-backed firms in Maryland raised more than $1.12 billion last year, the state’s best year since 2001, when venture-backed firms raised $1.27 billion, according the quarterly PwC/CB Insights MoneyTree report. The fourth quarter was the year’s weakest for Maryland firms, with just 11 deals raising nearly $219 million, but it was enough to push Maryland over the billion-dollar mark and cap a strong year for the state’s startup economy. “It was strong for Maryland,” said Brad Phillips, director of emerging company services at PwC. “We could actually say that Maryland had an exceptional year.” (Daily Record)

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Developers break ground on warehouse in Hanover to meet e-commerce needs

Ridgeline Property Group has broken ground on a 101,000-square-foot warehouse in the Baltimore-Washington corridor, an in-demand location for businesses looking to meet e-commerce demands. The building is far smaller than the largest industrial buildings going up in the region, but the infill property is near the Baltimore-Washington International Thurgood Marshall Airport and has modern features that will appeal to users, according to Ridgeline, an Atlanta-based commercial real estate development and investment company. (Balt. Sun)

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Baltimore metro industrial leasing tops 5M SF in 2018

More than 5 million square feet of industrial property was leased in the Baltimore metro last year, according to Lee & Associates | Maryland. Baltimore County led all jurisdictions with 60 percent of the region’s industrial leasing activity, the commercial real estate service firm’s research found. The end-of-year market report, released Tuesday, included data from Baltimore and Baltimore, Carroll, Cecil, Harford and Howard counties. (Daily Record)

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Federal government shutdown: Maryland loses $60M in tax revenue — so far

Maryland has so far lost $60 million in tax revenue as a result of the longest federal government shutdown in history, according to a report released Monday by the state Comptroller's Office. With its large number of federal employees and contractors, Maryland’s economy has more exposure to the impact of a shutdown. Approximately 172,000 Marylanders impacted by the government closure have lost an estimated $778 million in wages, according to the Bureau of Revenue Estimates in the Comptroller's Office. As a result the state is receiving roughly $57.5 million less in income tax withholding and $2.1 million less in sales tax collections. (Balt. Bus. Journal)

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Opportunity Zones’ pros and cons analyzed by panel of experts

Opportunity Zones in Baltimore are generating plenty of interest, according to the initiative’s boosters, but there’s still work to be done ensuring projects in all the city’s zones receive funding. A group of investors, developers and public officials touted the potential of the zones during a panel discussion hosted by the Kemp Foundation at City Garage in Port Covington on Monday. But experts said there’s work ahead to make sure investors are comfortable putting money into projects in certain parts of the city and that capital goes toward Baltimore’s highest priorities. (Daily Record)

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STX named equipment provider of newly formed Premier Lacrosse League

A new lacrosse league being launched this year by native Marylanders will have yet another connection to the Old Line State. Baltimore-based STX, one of the top lacrosse manufacturers in the U.S., will be the Premier Lacrosse League's official equipment provider when the league begins its inaugural season in June. “We are thrilled to partner with the Premier Lacrosse League and provide the opportunity for the top players in the game to compete in our equipment,” Ed Saunders, vice president of sales and marketing for STX, said in a statement. (Balt. Bus. Journal)

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