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

PRESS RELEASE: PGCEDC LAUNCHES NEW SEASON OF TAKEOUT TUESDAY PROGRAM HIGHLIGHTING COUNTY-BASED RESTAURANTEURS AND HEALTHY EATING

PGCEDC LAUNCHES NEW SEASON OF TAKEOUT TUESDAY PROGRAM HIGHLIGHTING COUNTY-BASED RESTAURANTEURS AND HEALTHY EATING

New 8-episode season focusing on the county culinary scene returns to PGCEDC YouTube Channel

LARGO, MD -Prince George's County Economic Development Corporation (PGCEDC) announces the launch of the newest season of Takeout Tuesday, which will launch on Tuesday, January 2nd, 2023. Now entering its fourth production season, the program explores the authentic tastes and delicacies of Prince George's County, from North County down to South County.

The season also debuts new host Nicole Hall, PGCEDC Business Development Manager, Retail/Restaurants, who is instrumental in managing the services and business resources available in Prince George's County to support and grow their companies.

"Season four of Takeout Tuesday will feature diverse culinary destinations around the county," said Takeout Tuesday host Nicole Hall. “The series will showcase the delicious delicacies and dishes curated by our talented restaurant community. These small businesses are staples in our neighborhoods, and we are so excited to tell their story to the masses. The series aims to drive consumer traffic to our local, independent restaurants to ensure their longevity and stability in the county. In addition, the show will highlight the Buy Prince George's campaign, which is not just a slogan but a call to action to support our small businesses who support the community they serve."

The program will air bi-weekly on Tuesdays on the PGCEDC YouTube channel, with restaurants in Prince George's County.

The first episode will feature Krab King, an upscale seafood eatery changing the culinary landscape of Upper Marlboro, MD. Additional Takeout Tuesday episodes include vegetarian restaurants and international cuisine in Prince George's County, and many more.

View previous seasons here: https://youtube.com/@pgcedc

About Takeout Tuesday

Prince George's County Economic Development Corporation's signature program is Take Out Tuesday. Viewers join new host Nicole Hall as she explores the true tastes and delicacies of Prince George’s County, from North County all the way down to South County. And as always, don’t forget to #BuyPrinceGeorges

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.

Join the conversation:

#TakeoutTuesday

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Media Contacts:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

PRESS RELEASE: PRINCE GEORGE’S COUNTY LEADS HOSPITAL CONSTRUCTION AND EXPANSION IN THE REGION

Prince George’s County Leads Hospital Construction And Expansion In The Region

The county has six new construction and expansion projects in the medical industry

Largo, MD Prince George's County Economic Development Corporation is proud to announce that the county leads hospital construction and expansion in the region with six current projects. The list, compiled by the Washington Business Journal, profiled the 18 regional health care development projects across the region. Each site is undergoing either a new build, expansion, or renovation and does not account for the outpatient practice of ambulatory care centers.

"Prince George's County has an unprecedented six active/pending healthcare projects," said Alexis Allen-Shorter, Business Development-Health & Life Science, PGCEDC. "For too long, residents have chosen to travel out of the county for specialty care. This investment in healthcare infrastructure will impact our community socially and economically. With access to specialty care closer to home, residents are statistically more inclined to seek out care and complete follow-up appointments, thus decreasing rehospitalization, misuse of emergency services, and mortality. Not only will the completion of these new projects propel Prince George's County to becoming a destination for specialty care and elective procedures, but we will also be able to attract and retain highly skilled healthcare practitioners to the county."

The six sites include:

Adventist HealthCare's Fort Washington Medical Center Replacement (Fort Washington, MD)

Luminis Health Doctors Community Medical Center's Women's Health Pavilion (Lanham, MD)

Kaiser Permanente's Largo Medical Center Expansion (Upper Marlboro, MD)

University of Maryland Capital Region Health's Cancer Center (Largo, MD)

Encompass Health Corp.'s Rehabilitation Hospital of Bowie Expansion (Bowie, MD)

University of Maryland Capital Region Health's Laurel Medical Center Expansion (Laurel, MD)

This period of growth has seen a diverse range of industries flourish in the county, including technology, healthcare, education, and service sectors, contributing to a dynamic and resilient local economy.

That vertical economic trajectory will only expand with the recent announcement of the Federal Bureau of Investigations headquarters coming to Greenbelt, MD. This decision will bring generational transformation and investment for Prince George's County and the State of Maryland because large federal job centers have driven job and income growth in the region. When the Federal Government decided in 1941 to locate the Pentagon on the west bank of the Potomac, that decision created decades of additional investment in Virginia.

Prince George's County remains committed to continuing this trajectory of growth and prosperity in the health care field, ensuring a sustainable and inclusive economy for all its residents.

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Media Contact:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

Prince George’s County, Maryland, Celebrates Decade of Economic Growth with 55,000 New Jobs Added

Prince George’s County, Maryland, Celebrates Decade of Economic Growth with 55,000 New Jobs Added

The county added more jobs than any other county in the state between 2011 - 2021

Largo, MD Prince George's County proudly announces a significant economic growth and development milestone. Over the past ten years, from 2011 to 2021, the County has successfully added 55,000 new jobs, marking a considerable achievement in its commitment to economic prosperity and community development according to the U.S. Bureau of Economic Analysis (BEA) data.

This remarkable job growth is a testament to the County's robust economic policies, strategic initiatives, and a conducive business environment that have collectively fostered job creation and attracted diverse industries to the region.

"This achievement reflects our dedicated efforts to create a thriving economy in Prince George's County," said David Iannucci, President & CEO of Prince George's County Economic Development Corporation. "We have worked tirelessly to attract businesses, support local entrepreneurship, and create a skilled workforce that meets the evolving demands of the job market."

This period of growth has seen a diverse range of industries flourish in the County, including technology, healthcare, education, and service sectors, contributing to a dynamic and resilient local economy.

That vertical economic trajectory will only expand with the recent announcement of the Federal Bureau of Investigations headquarters coming to Greenbelt, MD. This decision will bring generational transformation and investment for Prince George's County and the State of Maryland because large federal job centers have driven job and income growth in the region. When the Federal Government decided in 1941 to locate the Pentagon on the west bank of the Potomac, that decision created decades of additional investment in Virginia.

As we look to the future, Prince George's County remains committed to continuing this trajectory of growth and prosperity, ensuring a sustainable and inclusive economy for all its residents.

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Media Contacts:

Rhett Butler

Marketing & Communications Manager, PGCEDC

240-427-7926

rbutler@co.pg.md.us

https://pgcedc.com

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