MEDA Newsletter – August 26, 2021
MEDA Recognition Program
The Montgomery County 3R Initiative: Reopen, Relaunch and Reimagine
The Montgomery County 3R Initiative, a Montgomery County Economic Development Corporation program, began in 2020 and is expected to run through the end of 2021. The 3R Initiative is an ongoing, multi-component $1.5 million public-private funded program that includes placemaking, business support, and community development. The 3R Initiative addresses the future of some of Montgomery County’s most dynamic retail corridors, especially those in underserved and disadvantaged communities.
This community-based project provides financial grants, e-commerce solutions, and technical assistance to support the survival of restaurants, retailers, makers, and artisans affected by the pandemic, especially during the crucial holiday season and critical winter months. Additionally, many 3R Initiative participants were supplemented beyond their direct program grant with complementary financial support from the $16.5 million MCEDC Restaurant Relief Grant program and the $14 million Montgomery County Reopen Montgomery Grant program.
Submit your Initiative for Recognition!
In 2021, MEDA continues to recognize the amazing projects, programs and marketing initiatives happening in your community through the MEDA Recognition Program. To be considered, all you need to do is complete the ‘MEDA Recognition Program’ form here. Every month our Recognition Committee, comprised of your fellow MEDA members, will review submitted initiatives and select several initiatives to be highlighted for their outstanding contribution to economic development.
It is free for MEDA Members to submit an initiative for recognition.
The deadline to submit for September is August 27, 2021.
MEDA Recognition Program Sponsor
Save the Date: 2021 MEDA Fall Conference
When: September 14, 2021
Theme: Economic Recovery
Thank you to those who responded to the 2021 MEDA Fall Conference RFP. We’re working to finalize an agenda based on your submissions. More information coming soon!
Save the Date: 2021 Economic Development Week in Maryland
When: October 25-29, 2021
Economic development will take center stage in counties, cities and towns throughout Maryland when proclamations are made heralding the significant projects that have made Maryland a great place to live, work and play. The week is designed to increase an understanding of economic development’s contribution to the State’s business climate, job retention and growth, the tax base and the overall quality of life in Maryland.
Start planning your Economic Development Week in Maryland events and scheduling proclamations!
Call for Silent Auction Donations
MEDA continues our ongoing effort to support professional development for economic developers as we hold our 14th Annual Silent Auction to benefit the Lofton Scholarship Fund in a virtual auction site (Handbid). Please let us know as soon as possible if we can count on your support this year. Contact Margaret Bollhorst directly at firstname.lastname@example.org or 410-456-6459.
This year’s auction will take place during Economic Development Week (October 25-29, 2021), ending October 29, 2021 at 12 noon.