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This monthly e-newsletter is where you will learn what's new and exciting in the business and economic development world of Prince George's County. You'll discover why Prince George's County is the best place to do business in the National Capital Region. WE HAVE IT ALL!
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EDI Fund Gets the Green Light
|  On November 1, 2011, the Prince George's County Council unanimously passed CB-4-2011, the Economic Development Incentive (EDI) Fund proposed by County Executive Rushern L. Baker, III. An appropriation of $50 million over the next five fiscal years has been designated for the EDI Fund. This includes $7 million that has been proposed for the Fund in FY 2012. The EDI Fund is intended to elevate the county's economic development profile and signal to the development community that Prince George's County has turned a significant corner.
"The Economic Development Incentive Fund will create jobs, spur development, and increase our commercial tax base, which over time will bring in much needed revenues for education and public safety," said Baker. "The EDI Fund has been the most important and significant legislative priority of my administration and I want to thank the Prince George's County Council for their collaboration in shaping and passing this bill."
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Prince George's County EDC &
County Executive Baker Host
Economic Development Bus Tour
|  On October 26, 2011, the Prince George's County EDC, in conjunction with County Executive Rushern L. Baker III, hosted a Media Bus Tour to visit development sites in Prince George's County. The tour was a clear indication that Prince George's County is flourishing and focusing on business attraction, retention, and expansion. County Executive Baker said, "Prince George's County is the economic engine of the Washington region."
To view the official press release on this event, click here. |
Meet The Economic Development Team
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In celebration of Maryland Economic Development Week, County Executive Rushern L. Baker III held a "Meet & Greet" Reception at Woodmore Country Club, on October 25, 2011, to introduce his Economic Development Team. The members of the Economic Development Team are: Carla Reid, Deputy Chief Administrative Officer for Economic Development and Public Infrastructure; David Iannucci and Aubrey Thagard, Assistant Deputy Chief Administrative Officers for Economic Development and Public Infrastructure; Gwen McCall, President/CEO of Prince George's County EDC; Pradeep Ganguly, Sr. Vice President, Prince George's County EDC; Roland Jones, MBDD Executive Director; and, Shelly Gross-Wade, President/CEO of FSC First. |
Grand Re-Opening: Hilltop Plaza
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The official Ribbon Cutting Ceremony and Fountain Dedication was held on October 27, 2011, at the new Hilltop Plaza Shopping Center. Congratulations to M. Leo Storch Management Corporation for the economic redevelopment in Bowie, MD. Hilltop Plaza Shopping Center is located at MD Route 450 & Race Track Road. To view a list of new and expanded retail merchants, click here.
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Training Day: OJT
| Area businesses are taking advantage of the On-The-Job Training Program (OJT) being offered through the Prince George's County Economic Development Corporation's Workforce Services Division. This program is being funded by a U.S. Department of Labor grant to the One-Stop Career Center.
OJT is a program that allows businesses to train and hire County residents and receive a subsidy to offset the costs of providing training on the job site. Employers are reimbursed at least 50% of the wage they pay while the employee is in training. The training can last from one to six months, depending on the requirements and complexity of the position. To find out more information about the On-The-Job Training Program and other resources for businesses and jobseekers, please visit www.pgworkforce.org or contact Jeffrey Swilley at 301-618-8402.
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Baker Announces Community
Partnership Grant Programs
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County Executive Baker
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Prince George's County Executive Rushern L. Baker, III announced the release of FY 2012 Community Partnership Mini-Grant (CPMG) and Community Partnership Grant (CPG) applications. $2 million in discretionary grant funding has been allocated in the County Executive's current fiscal year budget. This funding to eligible organizations will assist in developing and maintaining strong partnerships with non-profits in order to meet the needs of County citizens and residents.
"Our non-profit organizations provide critical services across Prince George's County, usually to our most needy citizens," said Baker. "My Administration looks forward to expanding this partnership by offering much needed monetary assistance to our non-profit community."
Applications will be accepted continuously through June 30, 2012. For a FAQ sheet about the review process, accountability requirements, and application information, click here. |
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Councilmember Harrison's Business Mixer
|  On November 10, 2011, Councilmember Andrea Harrison held a District 5 Business Mixer at Wegmans in Woodmore Towne Centre. Topics of discussion were: jobs & economic development in Prince George's County and contracting opportunities at Woodmore Towne Centre. Attendees were introduced to the County's small business resource partners: FSC First, the Minority Business Development Agency, the Center for Minority Business Development, and the Governor's Office of Minority Affairs (GOMA).
To view the official press release on this event, click here.
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| Out of This World: Science Rocks | Prince George's County resident, John Mather, an astrophysicist and senior project scientist at NASA Goddard Space Flight Center in Greenbelt was highlighted in the installment of "Science in Your Neighborhood" - a series of discussions hosted by University Park Community Solar, an organization that works to encourage student interest in science, technology, engineering, & sustainable and alternative energy.
Mather won the Nobel Peace prize in 2006 and his work provided support for the Big Bang Theory. Thank you, John Mather, for encouraging students to understand the universe and for showing them that SCIENCE ROCKS!!
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In Here It's Always Friday
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COMING SOON: TGI Fridays, the growing full service restaurant chain has expanded across the globe, and will be joining the Boulevard at the Capital Centre family. The soft grand opening will be the first week of December. The Boulevard at the Capital Centre is located at Arena Drive & Interstate 95 South in Largo, MD. For more information on job opportunities with the restaurant, please visit www.tgifridays.com
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From The "BIZ" Files:
~ Golden Corral, at The Boulevard just completed a $1M renovation
~ Woodmore Towne Centre welcomes Subway (9201 Woodmore Center Drive, Lanham, MD) Another Subway location will open at Campus Way South on December 17
~ Outback Steak House reopened at its new location, 6800 Race Track Road, in Hilltop Plaza
~ Old Navy will celebrate its grand opening the first week of December at Woodmore Towne Centre. The Towne Centre will also welcome new tenants: Irie' Cafe, Super Nails & Spa, Mad For Chicken, and Mens Warehouse. |
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Clean Up, Green Up
|  On October 22, 2011, County Executive Rushern Baker took part in the first countywide "Clean Up, Green Up" community beautification program. The program, established under Baker, is a collaborative effort to keep the county sustainable and environment-friendly. Baker said a sustainability program is expected to be approved in the next budget cycle that will look at ways to enhance and improve infrastructure, especially in areas near Metro. The county's Department of Environmental Resources will coordinate additional community clean-ups with Prince George's County residents.
Baker assisting with clean up efforts in Wilburn Estates in Capitol Heights (view here).
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This Month's "Tid-Biz"
More than $8 billion in development projects planned or under construction in
Prince George's County
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Coming Up:
- November 30: Doing Business With Prince George's County: "Getting Your Business Financials in Order", CEO Business Cafe, 6305 Ivy Lane, 1st floor, Greenbelt, MD 20770, 11:00am-2:00pm. Presented by Prince George's County Government Minority Business Development Division, FSC First, and Capital One Bank. COST: FREE (click here to register)
- December 1: 22nd Founders' Anniversary and Embassy Wine Tasting, World Trade Center Baltimore, 21st floor, 401 East Pratt Street, Baltimore, MD 21202, 4:00pm-6:30pm. Register online at www.wtci.org or call 410-576-0022 x107. COST: $50 members; $75 non-members
- December 2: Prince George's Chamber of Commerce Holiday Open House, Executive Plaza 1, 4640 Forbes Blvd, Suite 130, Lanham, MD 20706, 5:30pm-7:30pm. Food, Networking, and Vendors. COST: FREE
- December 5: Contract Connections: Connecting Maryland Businesses to Federal Contracting Opportunities, Turf Valley Conference Center, 2700 Turf Vally Road, Ellicott City, MD 21042, 7:30am-4:00pm. Presented by the Maryland Department of Business and Economic Development. Make the connections you need to access federal contracting opportunities. COST: $75 (click here to register)
- December 7: Multi-Chamber Networking Breakfast, Comfort Inn & Conference Center, 4500 NW Crain Highway, Bowie, MD 20716, 7:30am-9:30am. COST: $25 (members); $45 (non-members & on-site participants)
- December 8: Prince George's Financial Services Corporation (FSC First) Annual Meeting and Brunch, Newton White Mansion, 2708 Enterprise Road, Mitchellville, MD 20721, 8:30am-11:30am
- December 11: South County Economic Development Association (SCEDA) 10th Annual GALA, Honorable Rushern L. Baker III (Keynote Speaker), Martin's Crosswinds, 7400 Greenway Center Drive, Greenbelt, MD, 7:30pm-11:30pm. COST: $85
- December 14: Greater Bowie Chamber of Commerce (GBCC) Annual Holiday Party, Woodmore Country Club, 12320 Pleasant Prospect Road, Mitchellville, MD 20721, 5:30pm-8:30pm. For more information, contact Kelly Pierce, GBCC Executive Director, 301-262-0920
- December 15: ICSC Mid Atlantic Holiday Watch & Networking Reception, Washington DC Economic Partnership, 1495 F Street, NW, Washington, DC 20004, 5:30pm-7:30pm. Members and non-members welcome. Click here to register
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B2B: Baker to Businesses:
"Trade Mission
to India"
County Executive Baker will join a delegation led by Governor Martin O'Malley, on a six-day economic development mission to India in late November. It is the first economic development mission led by a Maryland Governor. The delegation will also include EDC President/CEO Gwen McCall, Montgomery County Executive Ike Leggett, local business leaders and elected officials.
The Maryland trade mission will visit Mumbai, New Delhi, and Hyderabad, the country's key centers of business and industry. Maryland has maintained a strong presence in India, as we share strengths in biotechnology, IT, aerospace, and defense. Under Governor O'Malley, the Delhi office was reopened in 2009.
Baker said, "A strategic economic development partnership with India is good business for the State of Maryland and Prince George's County. I am honored to join Governor O'Malley and County Executive Leggett on this economic development mission to India. Having a number of companies based in Prince George's County already doing business with India, we look forward to strengthening established relationships and discovering new opportunities."
Between 2004 and 2009, Indian companies made eight acquisitions in Maryland, totaling $564 million. In 2010, India was Maryland's 12th largest export market with $233 million in goods and services.
As part of the mission, the delegation will meet with potential investment and trade partners and government leaders in each of the cities.
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NOW HIRING!!
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