Montgomery County Economic Development Corporation

January 29, 2021 | Suzanne Pollak

Applications for Restaurant Relief Grants Open Feb. 1

Restaurant owners can apply for COVID-19 relief grants from Montgomery County beginning Feb. 1. The Montgomery County Council unanimously agreed Jan. 26 to allocate almost $5 million for restaurants in the county to help them recover from the impact of the coronavirus. This is the county’s second round of funding to assist restaurants, food trucks, […]

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October 22, 2020 | Staff Writer

Elrich Encourages Local Restaurant, Retail Owners to Apply for Grant Through Nov. 5

There’s grant funding available to help local restaurant and retail establishments cover the cost of adjusting ways they interact with customers amid the COVID-19 pandemic- especially during the winter months. The 3R Initiative Restaurant and Retail Grant will provide up to $5,000 to help support delivery service fees, inventory costs, E-commerce solutions, and other COVID-related […]

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October 20, 2020 | Reid Flumbaum

New Grant Opportunity Available for Struggling Small Businesses

Eligible restaurants and retailers looking for financial assistance during the COVID-19 pandemic can now apply for a grant provided by the Montgomery County Economic Development Corporation (MCEDC). Announced Tuesday morning, MCEDC says the 3R (Reopen, Relaunch, and Reimagine) Initiative is guided towards businesses that have experienced unanticipated costs, helping with e-commerce solutions, delivery service fees […]

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October 16, 2020 | Suzanne Pollak

STEM Company Moves Headquarters to Rockville

A New York City-based antivirals company announced it has moved its headquarters to Rockville and is expected to hire 50 scientists and engineers within the next three years. Autonomous Therapeutics, Inc.. is moving to Montgomery County to be close to numerous researchers, regulators and funders in the Washington, D.C. area, the company stated in a […]

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December 4, 2019 | Staff Writer

Economic Development Group Picks New Leader

Barely two weeks after the Montgomery County Council passed a new economic development platform, the nonprofit corporation in charge of attracting and retaining new businesses in the county has a new leader. Benjamin H. Wu, who is the current deputy secretary and chief operating officer of the Maryland Department of Commerce, will take over Montgomery […]

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September 4, 2019 | Andrea Sarralde

Hola Montgomery El Podcast: Daniel Parra más allá de ayudar a empresarios

Daniel Parra, de origen colombiano, emigró hacía Estados Unidos hace 20 años en busca de una vida mejor. Daniel reside en el Condado de Montgomery y se ha destacado por su valiosa labor ayudando a crecer y fortalecer a pequeños y medianos empresarios. Como muchos inmigrantes ha pasado por situaciones difíciles en este país, pero […]

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April 8, 2019 | Staff Writer

Economic Development Chief Resigning after Three Years

David Petr, the first president and CEO of the Montgomery County Economic Development Corp., announced Monday he would leave the EDC this fall to relocate to Texas for family reasons. Three years ago, Petr assumed the lead of the organization, which took over most of the county’s economic development efforts. He built the organization from […]

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February 5, 2019 | Staff Writer

Montgomery County’s Opportunity Zone Workshop (VIDEO)

MCEDC Opportunity Zone Workshop The Montgomery County Economic Development Corporation and the Federal Reserve Bank of Richmond present Montgomery County, Maryland’s Opportunity Zone Workshop Tuesday, February 5. The workshop takes place at AFI Silver Theatre and Cultural Center in Downtown Silver Spring. The all-day workshop is intended for investors, developers, and others with potential business […]

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May 9, 2018 | Laura Rowles

Gaithersburg-Germantown Chamber Celebrates National Small Business Week

At the Gaithersburg-Germantown Chamber of Commerce (GGCC) every day is a celebration of business. Lucky for us, we get one week a year to go above and beyond to recognize the critical contributions of the Upcounty’s entrepreneurs and small business owners. This year, the IRS marked the Small Business Administration’s (SBA) National Small Business Week […]

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May 8, 2017 | Staff Writer

MCEDC Launches New Campaign to Attract More Businesses to the County

The Montgomery County Economic Development Corporation (MCEDC) announced the launch of its new campaign titled, “The Future Starts Here.” The new campaign, along with its new branding, logo and website, helps to continue its mission of helping businesses start, grow and expand here in Montgomery County, according to a news release. “We remain committed to […]

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