Anne Arundel County Council approves farm brewery bill

The Anne Arundel County Council voted Monday to allow breweries as conditional uses on farms within residential low density and R1 zones. Councilwoman Amanda Fiedler, R-Arnold, introduced the legislation after concerns that wineries had more options than breweries. The bill brings breweries to parity with wineries and gives farmers more options to expand their businesses rather than selling their property for development, Fiedler said. “I’m thrilled to support agricultural growth and recognize that Anne Arundel still has working farmers who would like to remain and grow in a county that’s seen residential growth,” Fiedler said. “Land preservation is smart growth.” (Balt. Sun)

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Protenus raises $13 million in new funding round

Protenus, aBaltimore data security company, has raised $13 million in new equity financing, according to documents filed with the U.S. Securities and Exchange Commission. The funds were raised as part of a round that could reach up to $16 million total, according to the SEC filing. Nine investors participated. Protenus declined to comment on why the funds are being raised.  The new round follows on a $11 million Series B raised by the firm last year. That round was co-led by Kaiser Permanente Ventures and F-Prime Capital Partners, with participation from Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures. (Balt. Bus. Journal)

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FastForward exits show success of Hopkins incubator

Two years after Johns Hopkins Technology Ventures opened new office and lab space for its FastForward 1812 incubator on the Johns Hopkins Hospital campus, two companies have moved on to bigger space. LifeSprout, which had been in the incubator for about a year, moved last month to City Garage, where it will have manufacturing capabilities. Emocha Mobile Health, an original tenant of FastForward 1812, officially moved to a new space in Mount Vernon Monday, where it will grow its team from 17 to 24. (Daily Record)

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Baltimore workforce participation rate mirrors national average

The number of Baltimore residents opting out of the labor market is at about the same level as the national average, despite lingering concerns that more city residents are dropping out of the workforce. The workforce participation rate among Baltimore residents ages 16 to 64 ticked up from 62.3% between 2006 and 2010 to 62.5% between 2006 and 2010 2013 and 2017, according to Baltimore Neighborhood Indicators Alliance-Jacob France Institute’s latest Vital Signs 17 report. (Daily Record)

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Sinclair Broadcast's stock soars as executives say $10.6 billion sports network deal will transform company

Sinclair Broadcast Group’s stock soared nearly 35% Monday as the transformative nature of its $10.6 billion deal to become the nation's largest owner of regional sports networks became apparent. The deal, announced Friday, will more than double the Hunt Valley-based broadcaster’s revenue and enable it to attract even more viewers with the help of streaming services and the growth of legalized sports betting, executives said Monday. (Balt. Sun)

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Tourism district proposal up to Baltimore hotels

The question of whether to create a Tourism Improvement District, and a surtax to support its operations, rests in the hands of Baltimore’s hotels. Mayor Bernard C. “Jack” Young, as part of National Travel & Tourism Week, signed a City Council bill paving the way for the district on Monday. Now that Maryland and city have officially signed off, the district’s backers must secure the support of 54% of the city’s hotels by number and room count. (Daily Record)

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County Backs Training Center for Restaurant, Hospitality Workers

Seed money to help establish a nonprofit training center for workers in the restaurant and hospitality industries has been included in the Montgomery County executive’s recommended budget. A budget line item sets aside $40,740 for a “kitchen incubator,” a food hall comprised of about 20 businesses started by entrepreneurs in the food and craft industry, which is expected to experience workforce growth of 14 percent between 2016 and 2026, according to federal labor analysts. (Bethesda)

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New propane terminal opens for Mid-Atlantic Rail Services

Federalsburg-based Tri Gas & Oil announced Monday the opening of a new propane terminal in Baltimore for its newest affiliate, Mid-Atlantic Rail Services (MARS). MARS will serve the mid-Atlantic by providing destination delivered supply or railcar through put arrangements. The new terminal, served by Norfolk Southern and CSX Railroads, will initially provide 120,000 gallons of HD-5 propane storage, along with a four-position rail rack and two truck loading racks. Double-acting compressors quickly unload and recover vapor from railcars. Turbine pumps allow for high-speed loading rates of 550 gallons per minute, with capability to load up to 6 transport trucks per hour at an average rate of 18 minutes per truck. (Daily Record)

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