PRESS RELEASE - MEDA Announces 2024 Economic Development Marketing Award for PGCEDC Latin Business Show "Creando Exitos"

Up front from left to right: David Iannucci, PGCEDC President & CEO, Lori Valentine, PGCEDC VP of Policy & Public Relations, Rocio Treminio-Lopez-Lopez, PGCEDC Latin Business Manager, Ebony Stocks, PGCEDC EVP

Photo Credit: Justin Gibbs / PGCEDC

MEDA Announces 2024 Economic Development Marketing Award Winner:

PGCEDC Latin Business Show "Creando Exitos"

PGCEDC Original Programming's Spanish-language informational show for the Latino business community wins on eve of sixth production season

Largo, MD - Prince George's County Economic Development Corporation (PGCEDC) celebrates winning the 2024 Economic Development Marketing Award for Creando Exitos at the 2024 Maryland Economic Development Association Annual Conference on Monday, April 22, 2024 in Cambridge, Maryland.

The Spanish-language Creando Exitos, or "Creating Success," is an informational program for the Latino Business Community designed to promote the services offered by PGCEDC and highlight other business resources available in Prince George's County to support and grow their companies. Just last year, around April 13, Creando Exitos entered its fifth production season.

"We are excited to be recognized by MEDA for our marketing efforts regarding our PGCEDC Original Programming: Creando Exitos," said Lori Valentine, PGCEDC VP of Policy and Public Relations. "We are on the eve of production for our sixth season of the Program, and this is truly a full-circle moment for PGCEDC and our Latin Business division."

"We are excited to be recognized by MEDA for the original programming we have to support our emerging Latino business community of Prince George's County," said David Iannucci, President & CEO of Prince George's County Economic Development Corporation. "The program provides a platform for Latino businesses to learn more about the County's Economic Development Incentive Fund, FSC First, Department of Permitting, Inspection and Enforcement (DPIE), banking services, and other programs to help them create success and showcase why Expansion Starts Here."

Late last month, PGCEDC and M&T Bank launched their second annual 0-100 Business Accelerator Program. The Program gives Spanish-speaking entrepreneurs the guidance and skills to build strong companies, spur economic growth in Prince George's County, and help build generational wealth. In past episodes, Creando Exitos has featured partners for the Program.

"This honor from MEDA is an example of when outreach to the Latin business community is done right," said host Rocio Treminio-Lopez, Latino Business Manager of PGCEDC. "Creando Exitos showcases interviews with successful Latino entrepreneurs who have found opportunity and created a business right here in Prince George's County!"

According to U.S. Census data, nearly 20 percent of Prince George's population is Hispanic, and the county has the second-largest number of Hispanic-owned businesses in Maryland.

PGCEDC has posted past episodes of the Program on the PGCEDC YouTube channel. The Program covers topics for the Spanish-language community, including Financing/Access to Capital, Properties/Permits, Business registration, the Purple Line Project, Tax Incentives, Work Services, and more.

PGCEDC's Original programming line-up includes TakeOut Tuesday, hosted by Nicole Hall, Business Spotlight by Larry Hentz, and the upcoming podcast Expansion Starts Here. Each Program amplifies the business community of Prince George's County by industry sector and is hosted by the PGCEDC Business Development Director overseeing that industry.

About MEDA

The Maryland Economic Development Association (MEDA) enhances the knowledge and skills of its members, encourages partnerships and networking among people committed to bringing jobs and capital to Maryland, and promotes economic development as an investment in Maryland. MEDA is a nonprofit organization of economic development professionals.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

Prince George's County Economic Development Corporation Supports the Launch Of Prince George's County Small Business Support Program

Prince George's County Economic Development Corporation Supports The Launch Of Prince George's County Small Business Support Program

Program Offers $500,000 in grant opportunities powered by PNC Foundation and the Greater Washington Community Foundation

Largo, MD - Prince George's County Economic Development Corporation (PGCEDC) leadership and staff supported the launch of the Prince George's County Small Business Support Program powered by PNC. The program provides small businesses in Prince George's County funding opportunities through their eligibility to apply for up to $20,000 in available grants.

This new program will provide $500,000 in grants and technical assistance to small businesses operating along the Blue and Purple Line corridors, giving them greater opportunities to harness the economic benefits of development in the region.

"The Prince George's County Small Business Support Program is yet another resource that provides county-based businesses with the tools for expansion," said Andre Plummer, Financial Services Programs Manager, PGCEDC. "This is an extension of the County's Strategic Plan that supports innovation and entrepreneurship across industry clusters connecting Prince George's County residents with economic opportunities."

The funds were provided by PNC Financial Services Group Inc.'s PNC Foundation, and the Greater Washington Community Foundation (GWCF) will administer the grant program. GWCF will award 25 grants of $20,000 each plus technical assistance to businesses that apply between April 15 and May 13. The funds can be used for payroll, rent, utilities, marketing, technology, relocation services, capital improvements, etc.

Businesses must have ten or fewer employees and have been operating in the target areas for at least three years to be eligible for the grants. To be approved, applicants must show financial need, compliance with regulations, prospects for growth, and a positive community impact.

Designed in conjunction with several leading business groups in the county, including LISC, Prince George's Chamber of Commerce, Purple Line Coalition, FSC First, Bowie BIC, and PGCEDC, it will support the growth and sustainability of small businesses as key employers and economic drivers in the county.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

Numerous Prince George's County Businesses And Residents Recognized By Washington Business Journal's "The List"

Numerous Prince George's County Businesses And Residents Recognized By Washington Business Journal's "The List"

Prince George's County businesses and residents fill many categories of "The List"

LARGO, MD -The Washington Business Journal listed a variety of Prince George's County businesses and influential residents in the March 22-28 edition of "The List." In the Companies Owned By People Of Color category, three Prince George's County businesses made the list: ERP International, LLC (#9), Systems Application & Technologies, Inc. (#11), and The Bizzell Group dba Bizzell US (#15).

In the Corporate Diversity categories, County companies made the list in two subsectors. The companies that made the two lists were ranked by the percentage of total employees who are people of color. In the Mid-Size companies subsector (100-999 employees), two Prince George's County companies made the list: Crystal Enterprises, Inc., in Glenn Dale, MD, and Susan Gage Caterers in Landover, MD.

Four county companies made the Small Companies subsector (under 100 employees): Apex Petroleum Corp. in Largo, MD; Fleet Transportation, LLC in Temple Hills, MD; Premier Enterprise Solutions, LLC in Upper Marlboro, MD; and Green Owl Design in Hyattsville, MD.

Four Prince George's County residents also received awards in the Diversity In Business Awards category. Eunmee Shim, a resident of National Harbor, is President of Adventist Healthcare Fort Washington Medical Center. Kathryn Clay, a resident of Laurel, is the Market Manager of Community Development Banking at PNC Financial Services Group. Kimberly Harris, Director of Community Health and Social Impact at Carefirst Bluecross Blueshield, and Melissa Stallings, Director of DMV Initiatives at Capital Impact Partners, are residents of Bowie.

PGCEDC congratulates all the awardees in the Washington Business Journal's Diversity In Business Awards special section.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

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Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

M&T Bank and Prince George's County Economic Development Corporation Launch Spanish-Language 0-100 Business Accelerator Program

M&T Bank and Prince George's County Economic Development Corporation Launch Spanish-Language 0-100 Business Accelerator Program

Building off the success of last year’s inaugural program, this seven-week, free business accelerator program will offer cash prizes up to $4,500.

LARGO, MD. – M&T Bank (NYSE:MTB) and Prince George's County Economic Development Corporation (EDC) today launched their 2nd annual 0-100 Business Accelerator Program. The program gives Spanish-speaking entrepreneurs the guidance and skills to build strong companies, spur economic growth in Prince George’s County, and help build generational wealth. Registration for this free program is currently open for up to 30 participants.

The seven-week program which begins on April 25 features courses on business planning, establishing credit, managing bank accounts, marketing, branding, and licensing. Sessions will be led by representatives of M&T and Prince George's EDC and held entirely in Spanish.

Small business owners interested in participating in the program must complete an online application by April 5th, be fluent in Spanish, based in Prince George's County, and in good standing. Qualified applicants will be enrolled in the free program on a first-come, first-served basis.

The 0-100 Business Accelerator Program’s courses will be held on Thursdays, 6:00 pm to 8:00 pm ET, at Prince George's EDC, 1801 McCormick Drive, 3rd Floor, Largo, MD 20774 It will conclude June 14th with a graduation and award ceremony for the first place winner of a $4,500 pitch competition, funded by M&T Bank.

"We’re excited to bring our 0-100 Small Business Accelerator back this year as we continue to support Spanish-speaking entrepreneurs in Prince George’s County," said Vickie Mejia, M&T Bank’s [Retail Regional Sales Manager, Greater Washington Market].

"The response we received to last year’s program was overwhelming, and we are grateful to work with Prince George’s County EDC to expand this year’s offering. Ultimately, our program is an investment not only in the entrepreneurs who participate in the program but the social capital of the wider community."

“We are thrilled about the return of the impactful 0 to 100 Business Accelerator Program and Pitch Competition. This year, the program has been specialized to provide more growth and strengthening opportunities for businesses. With the use of one-on-one mentoring sessions, each business will receive specific mentoring and resources to help them succeed, which will have positive reverberations throughout the county,” said Rocio Treminio-Lopez, Latin Business Liaison of Prince George’s County Economic Development Corporation."

To apply for the Prince George's 0-100 Business Accelerator Program, visit our English-language or Spanish-language landing pages.

See images from the program launch HERE

About M&T Bank

M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the northeastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

PGCEDC Makes an International Impact At SelectUSA Mexico Conference

Rocio Terminio-Lopez, Latin Business Manager, Martin Ezemma, PGCEDC Director of International Business, Jose Burnes, PGCEDC Director of Manufacturing & Warehousing

PGCEDC Makes an International Impact At SelectUSA Mexico City Conference

Three-day conference organized by the U.S. Commercial Service and Select USA Office in Mexico City March 12 and 14th 2024

Mexico City, MX - An international delegation from the Prince George's County Economic Development Corporation staff attended the SelectUSA Mexico Conference, a 3-day conference organized by the U.S. Commercial Service and SelectUSA Office in Mexico City between March 12 and 14th 2024 at Sofitel Reforma, in the heart of Mexico City. Replete with a PGCEDC-branded booth, the Prince George's delegation encouraged Mexican businesses to expand into Prince George's County and engage Prince George's County businesses looking for opportunities in Mexico.

The conference was attended by PGCEDC's Director of International Business Martin Ezemma, Director of Warehousing and Manufacturing Jose Burnes, and Latin Business Manager Rocio Treminio-Lopez. PGEDC was one of only two U.S. based EDO's, the other was New Jersey.

"SelectUSA Mexico was a great opportunity for Prince George's County businesses because there is a large Latino community in the county, and Mexico is the closest and largest Latin American country," said Rocio Treminio-Lopez, PGCEDC Latin Business Manager. "I was amazed by Mexico's vast and diverse business ecosystem, which provides a great opportunity for Latino businesses looking to import or export products."

PGCEDC staff met with more than 35 Mexico-based business owners, including Lorena Carreño, CEO of Mezcal Carreno, who wants to establish a U.S. distribution network to sell mezcal in the U.S. Additional business leads and follow-ups will be with are INTUS Energy, Space Lab, Test Farma, MEDU Protection, Alexander's Steakhouse, Forte Innovation, and Caffenio.

"Mexico is the largest trade partner for the U.S. and presents many opportunities for Prince George's County businesses looking to import or export products and/or services due to its proximity, USMCA free trade agreement, and cultural affinity," said Jose Burnes, PGCEDC Business Development Manager for Manufacturing and Warehousing.

According to SelectUSA, Mexico currently has more than $54 billion invested in the U.S., and Maryland's trade with Mexico represented $5.1 billion in 2022, of which $4.6 billion were imports.

The SelectUSA Investment Summit occurs annually in Prince George's County at the Gaylord National Resort & Convention Center. This event provides an opportunity to meet potential investors before they attend, build relationships for future events, and create pathways for partnerships.

About SelectUSA

Select USA is a U.S. Government program administered by the Department of Commerce that facilitates job-creating business investment in the U.S. Select USA has facilitated more than $200 billion in investment and created/retained over 200,000 jobs.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

PRESS RELEASE: FOUR PRINCE GEORGE'S COUNTY-BASED LEADERS AND BUSINESSES TOP NEW WASHINGTON BUSINESS JOURNAL LISTS

FOUR PRINCE GEORGE'S COUNTY-BASED LEADERS AND BUSINESSES TOP NEW WASHINGTON BUSINESS JOURNAL LISTS

Largo, MD - PGCEDC is proud to recognize two Prince George's County-based leaders and two businesses that were honored last month by the Washington Business Journal with top awards in key regional categories. In the publication's most recent "Lists" compilation, two Prince George's County businesses and two young leaders were listed at the top for social media strides in the 40 Under 40 category and Office Moving Companies.

In the Washington Business Journal's 40 Under 40: A New Social Network list (February 23-29 edition), two Prince George's County-based young executives joined the list of local leaders. Joshua Thomas, Regional Director, Amazon.com, Inc., and Adrienne Wilkins, Head of Professional Services for National Security, Google Public Sector, are among the list of the region's 40 young leaders to win the 40 Under 40 award. Thomas and Wilkins were chosen from hundreds of nominations WBJ received and recognized leaders who built their careers against the backdrop of social media.

In the same edition, two Prince George's County-based businesses made the Office Moving Companies list: Hilldrip Cos. Inc. and Office Movers Express, which ranked the 2023 revenue from metro area non-residential moving companies. The two companies landed in the Top Five at three and five spots, respectively.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

PRESS RELEASE: BLINK CHARGING OPENS GLOBAL HEADQUARTERS IN PRINCE GEORGE'S COUNTY

BLINK CHARGING OPENS GLOBAL HEADQUARTERS IN PRINCE GEORGE'S COUNTY

Electric vehicle charging station manufacturer expands its capacity by constructing a new LEED Gold-certified 30,000-square-foot production facility in Bowie, MD

Bowie, MD - Blink Charging Co., a leading global electric vehicle charging equipment provider, cut the ribbon to ceremonially open its global headquarters at a 15,000-square-foot facility in Bowie, MD, in Prince George's County on Monday. Maryland Governor Wes Moore, Maryland Congressman Steny Hoyer, Congressman Glenn Ivey, Biden-Harris Administration's Deputy Secretary, U.S. Department of Energy, David M. Turk and members of Prince George's County leadership were all on hand for the transformative moment.

Blink is expanding its manufacturing capacity by constructing a new LEED Gold-certified 30,000-square-foot production facility in Bowie. The Company's headquarters and its new production facility at 5081 Howerton Way are contained within Melford Town Center a mixed-use business community developed by St. John Properties, Inc.

"Blink’s decision to expand its operations in Prince George’s County makes us a leader in green, sustainable manufacturing. We are proud of Blink’s confidence that the skilled workforce needed for these high-tech environment protecting jobs will be found in our County." said David Iannucci, President & CEO, Prince George's County Economic Development.

Blink Charging's expansion and relocation project in Prince George's County was made possible in part through the assistance provided by PGCEDC and funding assistance, which will be provided by the County's Economic Development Incentive Fund (EDIF). The EDI Fund aided Blink Charging in expanding its current manufacturing facility and relocating its headquarters from Florida to Maryland. 

“We are grateful for Blink’s confidence in the Prince George’s County business climate, in our quality workforce, and in their ability to capitalize on the many advantages that their Bowie site brings,” said Prince George’s County Executive Angela Alsobrooks. “Blink’s decision to locate its corporate headquarters and expanded production of environmentally-friendly electric vehicle charging stations here sends a strong message about their confidence in the economic growth throughout the county.”

The production facility is expected to produce more than 50,000 charging units annually to meet the rising demand for electric vehicles. With the relocation and planned manufacturing expansion, Blink hopes to increase environmentally friendly employment opportunities in the county by creating more than 60 new positions within the first year. 

"Blink Charging is proud and excited to be establishing our global headquarters and production facility in Maryland, marking a pivotal moment in our journey toward a greener future," said Blink President and Chief Executive Officer Brendan Jones. "We are committed to implementing innovative technology and manufacturing processes to enhance efficiency, capability, and output speed while maintaining quality standards and are excited to be doing it here. We thank the state of Maryland for welcoming us." 

The Maryland expansion will also support Blink's growth by adding another production line, streamlining operations, and meeting the increasing demand for electric vehicles. This manufacturing facility will continue to adhere to U.S. "Buy American" requirements, helping the Company increase domestic manufacturing and production of its products.

Blink's primary products and services include the Blink EV charging network, which uses proprietary, cloud-based software to operate, maintain, and track the EV charging stations connected to the network and the associated charging data. The final assembly of Series 6, Series 7, and Series 8 of L2 chargers occurs in Bowie, MD. 

About Blink Charging

Blink Charging is a leading owner, operator, and provider of electric vehicle (“EV”) charging equipment and networked EV charging services. Our principal line of products and services is our Blink EV charging network (the “Blink Network”), a proprietary cloud-based software that operates, maintains, and tracks all the Blink EV charging stations and the associated charging data; EV charging equipment; and EV related services.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com. 

Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://www.pgcedc.com

PRESS RELEASE: EmpowerHER GLOBAL BUSINESS SUMMIT BRINGS UNIQUE BUSINESS RESOURCES FOR INTERNATIONAL WOMEN'S DAY

EmpowerHER Global Business Summit Brings Unique Business Resources For International Women's Day

Global Business Summit Takes Place March 8th at MGM National Harbor

LARGO, MD - Prince George's County Economic Development Corporation presents the first-ever EmpowerHER Global Business Summit on March 8th, 2024, at the MGM National Harbor. Curated for the vibrant community of successful women entrepreneurs from the region to celebrate International Women's Day, EmpowerHER heeds the global call to action: "Invest in Women: Accelerate Progress."

Tickets can be purchased at https://www.pgcedc.com/empowerher2024

This groundbreaking event 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, coming together to share, learn, and inspire each other in their entrepreneurial journeys. This event will be held at the MGM National Harbor, the perfect environment to network with leadership, stakeholders, deal makers, and the business community at large.

"This is a celebration of International Women's Day and as an economic development agency we want to highlight women in business," said Ebony Stocks, Executive Vice President of PGCEDC. "It's about more than just empowerment, it's education, its inspiration and motivation for women in business. The event is open to business owners at all stages, from start ups and small business to business owners that have been in operation for multiple years; there is something for everyone. Important topics like access to capital will be address in our breakout sessions as well as sessions for entrepreneurs looking to expand and build connections. We have assembled women who are the best in their fields for one goal: EmpowerHER!"

Many impactful speakers will listen and learn from successful women entrepreneurs and experts. Eunmee Shim, President of Adventist HealthCare Fort Washington, will deliver a keynote address. Adventist HealthCare (AHC) opened its new state-of-the-art Ambulatory Surgery Center at National Harbor in July 2023.

To attend EmpowerHER Global Business Summit as a member of the media please email rbutler@co.pg.md.us

Sessions include:

Navigating the Entrepreneurial Journey: Leadership Essentials for New Business Owners

Brand Equity: Maximizing Value and Impact

Empowering Growth: Funding Solutions for Experienced Women Entrepreneurs

The Startup Roadmap: Expert Panel Insights

Scaling Through Contracts: Opportunities for Driving Growth

Assessing Export Readiness: Tips and Tools to Prepare Your Business for Global Expansion

Beyond the Horizon: Mastering Strategic Leadership for Long-Term Growth

Wellness Wisdom for Women Entrepreneurs: Mind, Body, Business

Unlocking Capital: Overcoming Challenges in Startup Funding

Navigating Industries: Women in Business Panel Discussion

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

PRESS RELEASE: MEDA ANNOUNCES $9.17 RETURN ON INVESTMENT FROM EVERY DOLLAR INVESTED IN MARYLAND ECONOMIC DEVELOPMENT

Largo, MD - The Maryland Economic Development Association (MEDA) has released findings from a recent study indicating that an estimated average of $9.17 in state and local tax revenue is generated for every dollar invested in county economic development operations in Maryland.

The study, conducted in collaboration with the Business Economic and Community Outreach Network at Salisbury University (BEACON) and MEDA’s Public Policy Committee, utilized annual survey data collected over the past two years from local county economic development offices.

The data, compiled by BEACON's research team, focused on jobs added or retained, as reported by county economic development offices, and the funding invested by each county to support economic development operations. Analysis of the 2022 and 2023 data supplied by participating county economic development offices, modeled with IMPLAN, a regional economic analysis software application, revealed varying returns on investment across communities. The estimated statewide average return for 2022 and 2023 demonstrated the generated state and local tax revenue for each dollar invested.

John Hickman, Director of BEACON, shared his enthusiasm about the collaboration, stating, “This is a wonderful opportunity to showcase the impact of the economic development community in the state of Maryland.”

The study was conducted to better quantify the impact of economic development efforts using empirical data to demonstrate the importance and value of economic development programs.

To learn more about the impact of Public Policy in Maryland please visit https://www.medamd.com/public-policy-awareness/.

About MEDA

MEDA is a nonprofit organization of economic development professionals. Established in 1961, MEDA members promote the economic well-being of Maryland by working to improve the state’s business climate and the professionalism of those in the field of economic development.

“Investing in economic development activities in Maryland generates a significant return on

investment, with a statewide average of $9.17 multiplier effect,” said MEDA President Richard

G. Griffin, CEcD. “This demonstrates the enduring impact these investments have on local job

creation, tax base, and community vitality, showcasing Maryland's resilience and potential for

growth.”

MEDA’s membership includes economic development practitioners employed by the government, businesses, and chambers of commerce as well as other professionals with an interest in the economy of Maryland. Through its regular meetings, special programs, and projects, members address such diverse issues as local planning, workforce, transportation, international trade, tourism, and finance. To learn more about MEDA, visit https://www.medamd.com/.

About BEACON

A Community Outreach Unit of the Franklin P. Perdue School of Business at Salisbury University. For over 30 years, BEACON has offered applied business and economic assistance to a variety of public, private, and non-profit organizations. To learn more about https://www.salisbury.edu/academic-offices/business/beacon/.

MEDIA CONTACT:

Mia Vaccaro (MEDA)

mia@pprstrategies.com

240.608.4446

Rhett Butler (PGCEDC)

rbutler@co.pg.md.us

240.427.7926

PRESS RELEASE: WASHINGTON METROPOLITAN COUNCIL OF GOVERNMENTS RECOGNIZES MARYLAND NATIONAL CAPITAL REGION ECONOMIC DEVELOPMENT ALLIANCE

WASHINGTON METROPOLITAN COUNCIL OF GOVERNMENTS RECOGNIZES MARYLAND NATIONAL CAPITAL REGION ECONOMIC DEVELOPMENT ALLIANCE

PGCEDC President & CEO, David Iannucci accepts the Stuart A. Freudberg Award for Regional Partnership

LARGO, MD -At its Annual Membership Meeting and Awards Luncheon on December 13th, the Metropolitan Washington Council of Governments (COG) presented its highest honors to three area officials and one organization for their service and contributions to the region. The Maryland National Capital Region Economic Development Alliance received the Stuart A. Freudberg Award for Regional Partnership.

The alliance represents Economic Development offices from six Maryland jurisdictions — Anne Arundel County, Charles County, Frederick County, Howard County, Montgomery County, and Prince George’s County.

"The Maryland National Capital Region Economic Development Alliance came together in 2019 pre-COVID but during COVID began meeting virtually weekly which was like being in a fox hole," said PGCEDC President & CEO, David Iannucci. "We met every Wednesday and showed that regional cooperation was never better than in Maryland to meet the regional challenges of today and we are not done."

MNCREDA was recognized for its work on pandemic relief for local businesses and nonprofits, original research, support of growth initiatives, and advancing regional collaboration on economic development. The President and CEO of the Prince George’s County Economic Development Corporation, David Iannucci, accepted the award on behalf of the alliance members.

The Freudberg Award recognizes organizations or individuals that provided leadership in support of regional policies or programs endorsed by COG. This is the third year the award has been presented, created in memory of Stuart A. Freudberg, who in his 40-year career at COG, served in several leadership positions in the organization, including Deputy Executive Director from 2014 to 2020.

READ MORE HERE

Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.

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Media Contacts:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

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