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EDC President Jim Coleman Announces 'Activate Prosperity' Initiative

 (Center: EDC President & CEO Jim Coleman)Largo, MD, January 4, 2016 - Today, Economic Development Corporation President and CEO Jim Coleman announced a new initiative called "Activate Prosperity" for 2016 and beyond at a packed job fair for MGM and Whiting Turner at EDC headquarters in Largo, MD. The MGM/Whiting-Turner job fair turned out more than 50 jobseekers at 7 a.m. this morning, all on time and motivated; looking for a better way of life. "Activate Prosperity" is a three-year plan geared toward increasing the median household income and assessable tax rate and decreasing the County's poverty rate.

"We've got to think differently in 2016 in order to change the world for our residents," said Mr. Coleman.  "No more status quo for Prince George's County.  I have no respect for the status quo.  It's time to stir things up and push the envelope on making radical changes to positively impact the prosperity of our residents and businesses.  They deserve nothing less."

Part of the fuel behind "Activate Prosperity" came from the need to ensure that the 27,000 residents who are currently unemployed have high paying, family sustaining wages.    An active workforce is a prosperous workforce.  "Activate Prosperity" will maximize the deployment of the Economic Development Corporations efforts and financial resources in order to raise awareness about current job opportunities and help businesses to take advantage of available programs so they can grow and create more jobs.

Effective immediately, the EDC will begin by meeting with the CEO's of the top 300 companies in the region over the next three years, discussing the value proposition of Prince George's County, which includes the ability to utilize the County's $50 million Economic Development Incentive Fund and Hire Prince George's County incentives, and increasing the number of small business matchmaking forums and meetings it will hold.  

The EDC will also utilize 'Activate Prosperity' by working to maximize the State's investment in County projects, securing federal grant funding to deploy a One-Stop Career Center in the Prince George's County Correction Facility, and utilizing the EDC's Workforce Development Division to host workforce and economic development Open Houses at the County's mega churches to build maximum awareness of the job opportunities and resources within the EDC.

For more information on business development assistance or expansion, contact the Pradeep Ganguly pganguly@co.pg.md.us at 301-583-4602.  For more information on jobs, contact Brenda Gillis bgillis@co.pg.md.us at the Largo One-Stop Career Center (301-618-8425) or Adrienne Stay alstay@co.pg.md.us at the Laurel One-Stop Career Center (301-362-9708).