Grow Prince George's Initiative Celebrates Success with Completion of ARPA-funded Programming
Largo, MD – Prince George's County Economic Development Corporation (PGCEDC) proudly announces the successful completion of its Grow Prince George's initiative, marking a significant milestone in fostering economic growth and inclusivity within the county. Funded by the American Rescue Plan Act (ARPA), this initiative has empowered local businesses through tailored programs designed to propel their growth and competitiveness.
Over the past year and a half, Grow Prince George's has positively impacted over 1050 businesses and facilitated the creation of an estimated 115 jobs across diverse sectors of the country's economy. This initiative has been pivotal in supporting BIPOC and women entrepreneurs, ensuring equitable access to essential skills and growth opportunities.
David Iannucci, President and CEO of PGCEDC, emphasized the initiative's impact: "Grow Prince George's has not only strengthened our local economy but has also created a pathway for businesses to thrive amid evolving challenges. The success stories we've heard from our participants highlight the transformative power of economic development."
Under the Grow Prince George's umbrella, several flagship programs have driven notable outcomes:
AI for Small Business with the R.H. Smith School of UMD: This program provided hands-on training in leveraging artificial intelligence (AI) to enhance business operations and customer engagement, impacting 50 businesses with strategies for AI-driven growth.
CertifyPG & Prosper Certification Training Program: Over 80 businesses gained expertise in navigating government contracting, underscoring the importance of procurement in fostering local business growth.
0 to 100 Accelerator Program (Latino Small Business Development Program): In partnership with M&T Bank, this program delivered essential training entirely in Spanish, benefiting 15 businesses and creating an estimated ten new jobs within the Latino community. This initiative aims to build strong companies, spur economic growth in Prince George's County, and help create generational wealth.
Participants have shared their success stories, illustrating the impact of Grow Prince George's.
"I am grateful to M&T and PGEDC for conducting this competition, as this was such an invaluable experience," said Will Avila Watson, Owner of Clean Decisions and first-prize winner. "I feel energized and so ready to take my business to the next level."
As PGCEDC looks toward the future, plans are underway to expand the initiative's reach and offerings. Future cohorts and enhanced partnerships with educational institutions and industry leaders will continue to drive innovation and competitiveness in Prince George's County.
Visit www.PGCEDC.com for more information on how your business can benefit from future programming like Grow Prince George's.
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.
Rhett Butler
Marketing & Communications Manager, PGCEDC
240-427-7926
rbutler@co.pg.md.us
https://pgcedc.com