State Program Supports Thousands of Small Business Jobs

Maryland’s Small, Minority and Women-Owned Business Account (SMWOBA) helped leverage more than $16 million in private sector capital during the last fiscal year.

The figure comes from the Maryland Department of Commerce’s latest annual program report , detailing how the state program benefitted small businesses throughout the state.

More than 170 business entities were supported by the SMWOBA program in fiscal year 2024, receiving a total of $21.3 million in financial assistance. The program also helped small businesses create 732 new jobs and retain 1,866 jobs across Maryland.

READ THE STORY AT MARYLAND.GOV HERE

University of Maryland Welcomes The Pink Bakery; Offers Inclusivity in Every Bite for Campus Dining

The University of Maryland is raising the bar for allergen-friendly dining by welcoming The Pink Bakery to its acclaimed Purple Zone, a designated allergen-free dining area. This move reflects the university’s dedication to creating an inclusive dining experience for all students, particularly those managing severe food allergies and dietary restrictions.

READ THE FULL STORY AT PR.COM HERE

Governor Moore Announces Maryland Soft Landing Exchange Business Incubator and Accelerator Program Now Open

Governor Wes Moore today announced that applications are being accepted for the Maryland Soft Landing Exchange Program, which allows Maryland companies to explore international markets at a reduced cost by connecting them with business incubators and accelerators abroad. The program, administered by the Maryland Department of Commerce, is designed to support companies who are ready to expand their existing export capabilities, and serves as an important enhancement to existing state export assistance.

READ THE FULL STORY ON CITYBIZ HERE

Refresh Health Grand Opening and  Ribbon Cutting

Congratulations and Thank You to everyone who joined PGCEDC for the Grand Opening and Ribbon Cutting Ceremony of Refresh Health, a Direct Primary Care (DPC) practice founded by Dr. Spradley.

The event celebrated the launch of a new approach to healthcare. Guests toured the facility, enjoyed refreshments, and learned about the benefits of their membership based model. EDC's Alexis Allen-Shorter Director of Business Development Health & Life Sciences worked with them every step of the way to ensure their success!

We’re excited to start this journey of redefining healthcare in Prince Georges County.

Expansions Starts Here!

PGCEDC Industrial Advisory Board Meeting

On Wednesday December 11th, PGCEDC held the second Industrial Advisory Board meeting. This meeting plays a pivotal role in shaping the strategic initiatives of EDC’s Manufacturing and Warehousing team.

Board members help by providing expert guidance on attraction, retention, and expansion strategies.This ensures that local business insights, public sector needs, and academic perspectives are integrated seamlessly into the planning process and expansion of Prince Georges County.

This collaboration drives impactful decision making and fosters sustainable growth within the manufacturing and warehousing industries. Stay tuned for updates as the board continues to advance its mission to strengthen connections across key stakeholders and promote economic vitality in our County.

Expansion Starts Here!

Meet Jose Burnes

Business Development Manager for Manufacturing and Warehousing 

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!

Like, share, connect, and comment on the post click below!

EARLY BIRD TICKETS ON SALE NOW! : EmpowerHER Global Business Summit

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! 

EARLY BIRD TICKETS ON SALE NOW!

Mark your calendars and save with these exclusive rates:

Early Bird Pricing (ENDS JANUARY 10th):

General Admission: $120

VIP Admission: $170

Secure your spot now and enjoy unbeatable rates for an unforgettable experience. Early bird tickets are limited!

BUY TICKETS NOW!

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.

Expansion Starts Here!

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

Expansion Starts Here!

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!

Like, share, connect, and comment on the post click below!

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

Expansion Starts Here!

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!

Expansion Starts Here!

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