Gov. Wes Moore Puts $1.8M Toward Making MD ‘Cyber Capital’ of US

COLUMBIA – Gov. Wes Moore this week announced a $1.8 million award to all 16 community colleges in the state to boost cybersecurity training and career opportunities.

The Maryland Association of Community Colleges and BCR Cyber, a private company that provides cybersecurity training programs and job placement services.

In his remarks at Thursday morning’s announcement, he said he hopes that Maryland will become the hotbed for aspiring cybersecurity professionals.

Read the Full Story HERE

Roaming Rooster to Celebrate Grand Opening of First Prince George’s County Location

Roaming Rooster, the DMV’s beloved fast-casual fried chicken chain, is excited to announce the grand opening of its first location in Prince George’s County at Woodmore Towne Center in Glenarden, MD, on Thursday, December 5, 2024. This landmark opening marks Roaming Rooster’s 12th location, expanding its reach and bringing its award-winning fried chicken to a vibrant new community.

Read The Full Story at CITY BIZ HERE

Lending Tree: Maryland No. 1 For Minority Business

Maryland has been named the number one state for minority-owned businesses, according to a recent analysis by Lending Tree. The state earned top 10 rankings in three of five of the survey’s metrics, including the percentage of minority-owned businesses in the state; the ratio of pay relative to all businesses; and the longevity of business operations.

Read The Full Story By Mark R. Smith Here

PGCEDC Celebrates PowerTrain, Inc. !

Largo, MD — Prince George's County Economic Development Corporation (PGCEDC) proudly congratulates PowerTrain, Inc., a Hyattsville-based company, for being ranked among the top ten women-owned businesses by total revenue in 2023. Generating an impressive $92 million in revenue, PowerTrain, Inc. stands as a beacon of innovation and leadership in the business community.

Founded in 1994, PowerTrain, Inc. specializes in cloud-based IT solutions, human capital management, learning management system hosting, learning and development, career mapping, and web training. With a workforce of 135 employees and a remarkable 67% women ownership, the company reflects the strength of diversity and inclusion in Prince George's County's thriving economy.

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Read the Full Press Release HERE

TEDCO's 2024 Entrepreneur Expo

On Wednesday, December 4, 2024, the Prince George's County Economic Development Corporation had the privilege of attending TEDCO’s 10th Entrepreneur Expo at the Renaissance Baltimore Harborplace Hotel. This premier event brought together more than 1,000 of the region’s top entrepreneurs, business leaders, investors, and influencers for an inspiring day of networking, learning, and celebration.

We were thrilled to engage with entrepreneurs and industry leaders, discuss the future of business in our region, and share PGCEDC's vision for fostering economic growth and innovation. Events like these are vital to building connections and driving progress, and we are proud to have been part of such a meaningful day.

Thank you to TEDCO for hosting such a phenomenal event! We look forward to continuing our work with the entrepreneurial community and supporting the bright minds shaping our region’s future.

Check out More Photos HERE

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Reflections on Retirement: Honoring David Iannucci

As David Iannucci embarks on this new chapter, those who have worked with him are united in their appreciation for his leadership and friendship. They celebrate the milestones achieved under his guidance and the relationships and values that defined his career.

While his retirement marks the end of an era, David’s influence will continue to resonate in Prince George’s County and beyond. 

Check out some recent reactions below!

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Celebrating National Write A Business Plan Month

There are countless reasons to develop a comprehensive business plan, and the PGCEDC is here to help you every step of the way. A well-structured business plan organizes your management team and outlines how they can effectively contribute to achieving your company’s goals.

PGCEDC can assist in navigating key decisions, such as identifying funding opportunities, hiring staff, or acquiring assets through programs tailored to Prince George’s County businesses.

Additionally, we can help you evaluate which industries or markets to target, avoid potential pitfalls, and build strategic partnerships that drive mutual success. With PGCEDC’s resources and expertise, you can create a clear, actionable plan that positions your business for sustainable growth and success.

Check out our Business Resource Page HERE

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Save The Date: PGCEDC Presents EmpowerHER Global Business Summit

PGCEDC's Annual Summit Celebrating International Women's Day Returns on March 14th, 2024

PGCEDC invites you to join our region's vibrant community of successful women entrepreneurs at the EmpowerHER Global Business Summit, held annually to celebrate International Women's Day. The summit is designed to celebrate the remarkable diversity of women in the business world and to forge connections with like-minded, successful entrepreneurs from across the globe. This summit is more than a conference. It's a vibrant gathering of women from various cultures, industries, and backgrounds who come together to share, learn, and inspire each other in their entrepreneurial journeys.

Listen and learn from successful women entrepreneurs and experts across multiple subject matters to EmpowerHER!

Join the County's best at the luxurious MGM National Harbor! Network with the stakeholders, deal makers, and the business community at large! 

You want to attend this event! More event info coming soon!

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Prince George's Economic Development Chief David Iannucci to Retire After 40-Year Career

David Iannucci, president and CEO of Prince George's County Economic Development Corp., is stepping down, rounding off a 40-year career in economic development and public service.

His retirement will become effective Dec. 31. His permanent replacement will likely not be named until a new county executive takes office following Angela Alsobrooks' election to the U.S. Senate.

Read more of the By Dan Brendel article at WBJ

Cloudforce's Largest Donation to Create Tech Opportunities for Local Youth in Maryland

NATIONAL HARBOR, Md., Nov. 19, 2024 /PRNewswire/ -- Celebrating its 14th year, Maryland-based cloud and AI consultancy Cloudforce continues to soar past its own highest goals in both growth and philanthropy. Already outpacing gains in headcount as it spearheads groundbreaking Microsoft AI platforms for prestigious clients nationwide, Cloudforce continues to set new fundraising records through its charitable arm, Cloudforce for Good.

Read more of the article at 8 News Now

PGCEDC is hosting a Mexico Trade Mission Informational Session

PGCEDC is hosting a Mexico Trade Mission Informational Session on Thursday, December 5th, 2024 at 10:00 am at the offices of PGCEDC (1801 McCormick Drive, Suite 350, Largo, MD 20774).

The trade mission to Mexico will take place from Wednesday, February 26th, 2025, to Sunday, March 2nd, 2025. The cost to join PGCEDC on the trade mission is $1550 USD without hotel and airfare, but it includes meals, transportation, and access to B2B meetings and an agenda.

2024 Maryland Manufacturing Celebration of Stars

Celebrating Excellence and Innovation!

On a memorable evening at Martin's West in Baltimore County, the 2024 Maryland Manufacturing Celebration of Stars brought together leaders and innovators to honor the driving forces behind Maryland's thriving manufacturing industry. Hosted by the Regional Manufacturing Institute of Maryland in collaboration with the Maryland Manufacturing Extension Partnership program, the event highlighted the extraordinary contributions of individuals and organizations shaping the future of manufacturing in the state.

The celebration spotlighted the “Maryland Manufacturing Stars,” recognizing outstanding achievements across business, education, government, and nonprofits. These honorees represent the backbone of Maryland's manufacturing ecosystem, fostering innovation, economic growth, and community impact.

Check the photos HERE

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ISBI Hosts Global Entrepreneurship Week Open House

For seven years, the innovation ecosystem of Prince George’s County has collectively celebrated Global Entrepreneurship Week (Nov 18-24), hosting various events from Largo to Bowie and College Park to shine a light on resources and dynamic entrepreneurs in our midst. The week started with a vibrant international marketplace and pop-up shop at Bowie State University in celebration of Global Entrepreneurship Week (GEW). The Bowie State University Entrepreneurship Innovation Center, International Office, and International Student Association also coordinated International Education Week.

Mid-week, the University of Maryland hosted a Terp Marketplace to highlight innovations by undergraduate and graduate student entrepreneurs, including physical and digital products and everything in between. Students could also pitch an idea, validate their market, earn some revenue, and network with experts and innovators. The University of Maryland is ranked one of the top five schools for entrepreneurship in the U.S.

 

PGCEDC’s Innovation Station Business Incubator hosted a resource fair, tech expo, and open house with presentations by the Maryland Industrial Partnership Program, the Maryland Momentum Fund, and an IP expert discussing ways to create valuable business assets. FSC First announced the launch of a new tech company grant opportunity. The Maryland Business Opportunity Center, Goldman Sachs 10,000 Small Businesses, Prince George’s Federal Credit Union and UMD Center for Global Business, MidAtlantic I-CORP, and Maryland Energy Innovation Accelerator shared resources with local business owners. PerVista, Argotec, Waya, Djelfa Solutions, Ayers Naturals, TransGlobal Business Systems, HighT-Tech, Terra Fusion, OmniSpeech, Wearable Dose, and others displayed their technology and product innovations. At the same time, investors and community members learned more. 

Closing the week out, Innovate Bowie, the Bowie Business Innovation Center, the City of Bowie, and Inccuvate will host an AI-focused program aimed at helping companies scale. Local culinary entrepreneurs will provide samples of delicious treats. 

Innovation and Entrepreneurship are alive and well in Prince George’s County, not just this week but all year. 

Check the photos HERE

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PGCEDC Celebrates Global Entrepreneurship Week

By Briana Milbourne

From November 18th to 24th, we’re thrilled to celebrate Global Entrepreneurship Week—a time to honor the bold entrepreneurs, innovative minds, and dedicated small business champions driving growth and creating opportunities in Prince George’s County.

Whether launching a new venture, scaling your business, or supporting local entrepreneurs, this week is all about coming together to inspire, empower, and elevate each other. Entrepreneurs are the heart of our community, fueling our economy and shaping a brighter future.

At PGCEDC, we’re proud to support the entrepreneurial spirit with resources, guidance, and programs that help turn ideas into thriving businesses.

Together, we’re shaping the future of Prince George’s County—one bold idea at a time.

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