In the furtherance of its mission to attract and encourage business development and service the needs of businesses, the Department shall:

            (1)      Advance the economic welfare of the people through programs and activities that develop in a proper manner the State's natural resources and economic opportunities;

            (2)      Promote and encourage the location and creation of new industries and businesses in the State of Maryland as well as encouraging the retention and expansion of existing industries;

            (3)      Support the creation of new and the growth of existing businesses in Maryland by improving their quality, productivity, and competitive position in the global marketplace;

            (4)      Assist the growth and revitalization of small businesses;

            (5)      Support the growth of the State and regional economies by providing consulting, technical assistance, and liaison activities on business and economic development issues;

            (6)      Promote the development of international trade activities;

            (7)      Assist businesses and employees through training and other employment services;

            (8)      Promote regulatory reform and coordinate efforts with other State and local agencies; and

            (9)      Foster and develop gainful employment opportunities for residents of this State.