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EDC Hosts Roundtable For U.S. Senator Ben Cardin With Top Exec's From Local Companies

U.S. Senator Ben Cardin (Center); EDC President & CEO Jim Coleman (right of Cardin); Prince George's County Executive's Office DCAO David Iannucci (right of Coleman); Relocated Business CEO's; and EDC TeamLARGO, MD, May 6, 2016 - Today, the Prince George's County Economic Development Corporation (EDC) had a very productive conversation with U.S. Senator Ben Cardin in its Largo office to talk about economic growth in Prince George's County.  During this exclusive meeting, EDC President and CEO Jim Coleman and his executive team introduced Senator Cardin to the CEO's of eight companies, who have recently relocated to Prince George's County, for an intimate conversation on why they decided to move to the County and how the EDC provided assistance in their relocation.
 
"We're delighted to be able to showcasefor Senator Cardin some of the economic development fire power that Prince George's County is attracting," said Coleman. "County Executive Baker has been worked tirelessly over the last five years to create a business climate that encourages hyper growth. Whether it was his ethics reform in County government, or the streamlining of the permitting process through the Department of Permitting, Inspections and Enforcement, or launching the Transforming Neighborhood Initiative, or establishing a $50 million Economic Development Incentive Fund, or appointing a highly accomplished CEO over the County's public schools, the business community has come to realize that Prince George's County is much more than a sleepy little bedroom community just outside of Washington, D.C. But now is not the time for cooling off!"
 
The briefing was also an opportunity for Senator Cardin to provide a legislative update on what is transpiring on Capitol Hill that may have an impact on the local business community. In addition, David Iannucci from County Executive Baker's office gave an update on the Regional Medical Center and the status of the FBI relocation.   
 
"Two of the most important projects to lead Prince George's County, and are symbolic of the rebranding of the County, are the Regional Medical Center and the FBI," said Iannucci.  "The State and County are working aggressively on infrastructure support because we are confident that we have the strongest sites for the new FBI headquarters. Having the FBI in Prince George's County will be a real game changer; similar to President Roosevelt putting the Pentagon in Northern Virginia.  It will reinvent the County and its economy by bringing 11,000 federal jobs, 3,000 additional jobs and millions of square feet in office growth."
 
In making the case for the economic growth in Prince George's County, the Economic Development Team highlighted its "Activate Prosperity" initiative,which maximizes the deployment of the EDC's efforts and financial resources in order to raise awareness about current job opportunities and helps businesses take advantage of available programs that can increase their revenues and create more jobs. 
 
"It is not an accident that Prince George's County is home to over 77,000 small businesses that provide quality services and products that support many well-paying jobs throughout the region," said Senator Cardin, member of the Senate Small Business and Entrepreneurship Committee. "It is an exciting time to be in Prince George's County.  Prince George's County's successes start at the top, with County Executive Rushern Baker's commitment to restoring the reputation of Prince George's County as a place where you would get the type of good governance that is fundamental for a business to decide to locate in Prince George's County. Then bringing in good, dependable people, like (EDC President) Jim Coleman, to build on your strengths as a County.  The companies around this table telling why they've come to Prince George's County are a testament to the energy and commitment Coleman has brought to the County."
 
The highlight of the meeting came as CEO's from eight high growth, key industry sectors companies that have recently moved to the County shared why they felt the need to be in Prince George's County. 
 
Professional services companies and developers, as well as software development and information technology cited the improved image and the new confidence in the County brand that convinced them to relocate to Prince George's County. 
 
"We came upon this great opportunity to open an office in Prince George's County through the leadership of the EDC who reached out to our company from India when we came to the County on a delegation visit," said Asheesh Jain, CEO of Creative Lipi, a digital marketing and software development company from India.  "As a part of the India Business Center (Accelerator), we have found that Mr. Coleman and Dr. Ganguly mean business and know how to get it going.  Within 48 hours of landing, I had five appointments and my business was up and running in this country."
 
Others talked about the amount of new construction taking place throughout the County, the availability of a talented workforce and the need to be in the midst of   the new Prince George's County as their catalyst. 
 
"My business has been in Washington, D.C. for over 30 years, but Jim Coleman is a difficult man to say 'no' to," said Steve Dunn, Owner, Well Dunn Caterers in Hyattsville, MD.  "When I was looking to relocate my property, I found that Prince George's County offered the best opportunity for our company to grow.  Since moving to the County in January, I have increased my workforce by 15% with County residents. We are pleased to be part of the macro growth in Prince George's County and look forward to being here for many years. "
 
There was a sense of expectancy that their businesses were going to be able to grow successfully in Prince George's County, and that they were situated where the action is going to be in this region for a long period of time. 
 
Today's visit by Senator Cardin provided further validation that Prince George's County is on the right track for being the economic engine of the State of Maryland. It is strategically aligned with its partners at the federal, State and local levels to establish competitive places for even more development, more job creation and greater prosperity for County residents.
 

For more information on business development assistance or expansion, contact the Pradeep Ganguly pganguly@co.pg.md.us at 301-583-4602 or visit the Economic Development website at www.pgcedc.com