Top Maryland official named as MCEDC executive to lead business growth in Montgomery County, the state’s economic driver Rockville, Md.—(BUSINESS WIRE)—The Board of Directors of the Montgomery County Economic Development Corporation (MCEDC) has announced Benjamin H. Wu as its new President and Chief Executive Officer. Wu, the current Deputy Secretary and Chief Operating Officer of…

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More than $2 million awarded to 40 organizations in 16 jurisdictions NEW CARROLLTON, MD (December 3, 2019) – The Maryland Department of Housing and Community Development announced more than $2 million in Fiscal Year 2020 awards through the Maryland Housing Counseling Fund. These awards will support 40 nonprofit and local government organizations that provide housing…

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Colombian trade show hosts attendees from more than 30 countries BALTIMORE, MD (December 2, 2019) – The Maryland Department of Commerce is leading a delegation of nine Maryland companies this week to Expodefensa 2019, an international exhibition for security and defense in Latin America. This is the first year that Maryland – through Commerce’s Office of International…

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The U.S. Department of Agriculture (USDA) announced the launch of the Centers of Community Prosperity (CCP), designed to increase the capacity of rural and underserved communities across the country. The program is administered by the USDA Office of Partnerships and Public Engagement (OPPE). The Centers of Community Prosperity will convene stakeholders including local, state, federal…

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Charles County government announced that the 2019 Annual Report and Year in Review video are available online for public viewing. The Annual Report and Year in Review video offer a comprehensive look back at 2019. The report shares the county’s accomplishments in the areas of education, health, public safety and quality of life. The video…

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Catonsville becomes the state’s 29th A&E District, first in Baltimore County BALTIMORE, MD (November 25, 2019) – Maryland Secretary of Commerce Kelly M. Schulz today announced that Catonsville in Baltimore County has been designated as the state’s 29th Arts and Entertainment (A&E) District. The new A&E district is Baltimore County’s first and will include Catonsville’s business district along…

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Five Programs Provide Support for 181 Projects in 23 Jurisdictions Annapolis, Md. (November 21, 2019) – Governor Larry Hogan today announced more than $30 million in Fiscal Year 2020 neighborhood revitalization program awards. Grants from the Community Legacy program, the Strategic Demolition Fund, the Baltimore Regional Neighborhood Initiative, the National Capital Strategic Economic Development Fund,…

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Regional Economic Studies Institute event highlights economic trends on the local, state and national level—and how TU is making an impact “Are we in a recession? Are we in a full recovery? The only thing that’s constant in our “Are we in a recession? Are we in a full recovery? The only thing that’s constant in our…

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OED currently has 10 staff and are working feverishly with several businesses that have great potential to locate in Frederick County, while continuing to support existing businesses by assisting with workforce, potential expansions, and other needs. To better align with our economic development initiatives and strategies, we have taken our team of ten and created smaller teams to allow for…

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