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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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 CONGRATULATIONS TO COUNTY EXECUTIVE RUSHERN L. BAKER III ON ONE YEAR IN OFFICE!!!
Upon taking office on December 6, 2010, County Executive Baker said he was focused on the future and moving forward in making Prince George's County a county of growth and opportunity. A year later, under his leadership, Prince George's County has kept their AAA bond rating, an MOU has been signed for a new hospital facility, National Harbor is expanding, a deal has been signed for the New Carrollton Metro site, and the most significant legislation of his administration: he has passed the $50 million Economic Development Incentive Fund.
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Investment Deals
for Prince George's County
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 | View additional photos from the
India Mission here
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County Executive Rushern L. Baker III, President/CEO of the EDC, Gwen McCall, and a delegation of more than 100 Maryland business leaders, educators, and elected officials, traveled to Hyderabad, Mumbai, and New Delhi, India this month to boost trade and investment and promote Maryland as an ideal location for Indian companies to establish U.S. operations.
"It's an honor to represent the residents and businesses of Prince George's County on Governor O'Malley's trade mission to India," said County Executive Baker. "I am here alongside our county's economic development experts to extend our collective hand to the Indian business community."
DataNet Systems of Washington, DC and RT MediBus Technologies and the Health Management and Research Institute of Hyderabad, signed an agreement to create MediHelp, a 24/7 healthcare help line that can help screen minor ailments and illnesses, and reduce the overall cost of healthcare. The call center would be located in Prince George's County and would be affiliated with the Prince George's County hospital systems.
Additionally, Angarai, a Prince George's County management consulting firm, signed a MOU with CI, an information technology company in Chennai, to pursue opportunities in mobile and web applications, potentially opening an office in Maryland.
To view a summary of deals signed, click here.
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EDC Gives
During the Holiday Season |
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Chief of Staff Roxanne Rush & President Gwen McCall preparing holiday baskets.
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The Prince George's County EDC is reaching out to the community and those less fortunate during the holiday season. In the spirit of giving, the EDC is doing something to lessen the burden of our neighbors in need. The EDC staff collected financial donations and food contributions to assist the Disabled Veterans from the Iraq and Afghanistan War, unemployed County residents, and needy families in Prince George's County.
"The need is great in our community, and that need affords us the opportunity to give time and effort for a worthy cause," said President/CEO Gwen McCall.
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FSC Annual Meeting
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On December 8, 2011, County Executive Rushern L. Baker III provided opening remarks for the FSC First 2011 Annual Meeting at the Newton White Mansion in Mitchellville, MD. President/CEO Shelly Gross-Wade and her staff celebrated the accomplishments of FSC in these economically challenging times.  "I am so blessed to be County Executive in times like these," said Baker. "Prince George's County will be the face of economic development moving forward." Attendees were given a summary of the year in review, a financial overview, and a forecast for 2012. President/CEO Shelly Gross-Wade said, "We are committed to working hard and supporting small and mid-sized businesses in the region." To view photos from this event, click here. |
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TGI Friday's Grand Opening
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 | Council Member Derrick Davis, Montez Anderson (EDC Sr. Advisor), Council Member Karen Toles, Jackmont Rep
Daniel Halpern
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TGI Fridays, the growing full service restaurant chain that has expanded across the globe, has joined the Boulevard at the Capital Centre family. On December 5, 2011, County Councilman Derrick Davis (Dist. 6), along with elected officials and invited guests, celebrated the grand opening and ribbon cutting ceremony. The restaurant is located at 1101 Shoppers Way, off Interstate 95 in Largo, MD.
The new location boasts 6,307 square feet of dining room space and can accommodate 268 guests; and, the restaurant expects to employ 175 people from the County. This is the fifth location for Jackmont Hospitality (the food service company that operates TGI Friday's) in the Metropolitan area (along with District Heights, Greenbelt, Silver Spring & Washington, DC) and, the third in Prince George's County. In addition, Jackmont Hospitality presented the Largo TGI Friday's a check for $1000 for FAME (Foundation for the Advancement of Music and Education), a local organization whose mission is to provide access to all genres of art to students in urban neighborhoods and help college students further their education in the arts.
 | Click here to view additional photos from the grand opening
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Leadership Bowie
Developing Entrepreneurs
| Leadership Bowie is a nine-month program that gives sophomores and juniors who live in Bowie zip codes a chance to meet with local leaders in private business, government, and the non-profit sector. This is a joint project by the Greater Bowie Chamber of Commerce and the City of Bowie.
In November, students were given the opportunity to meet with Bowie City Manager David Deutsch, who instructed them on how to do business in the city of Bowie. They also met with city Councilman James Marcos (Dist.1), founder of T.J. Elliott's Restaurant, and, Mark Melvin, owner of Melvin Motors, who talked about the logistics of running a business.
Founded in 1988 by Sen. Douglas J. J. Peters (D-Dist. 23), Leadership Bowie encourages top high school students in the community to explore a variety of careers, while teaching them team building and leadership skills. To learn more about Leadership Bowie, contact Kelly Pierce, Executive Director of the Greater Bowie Chamber of Commerce, at 301-262-0920.
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Local Couple Celebrates
Franchise Success
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 | Baker,Owner Isaac Green & Council Member Karen Toles as they cut the grand opening ribbon
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On November 3, 2011, County Executive Rushern Baker celebrated with local couple, Isaac and Susan Green, on the opening of their McDonald's at 4777 Marlboro Pike in the Coral Hills Shopping Center in Capitol Heights, MD. This is the couple's eighth location; and, they look to hire 35 employees and six managers for the restaurant. |
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New Leadership for County Council
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On December 6, 2011, Andrea Harrison (Dist. 5) was elected to serve as Chairman of the Prince George's County Council. The Council also re-elected Councilman Eric Olson (Dist. 3) as Vice Chairman. CONGRATULATIONS!
The Prince George's County Council is committed to developing partnerships and encouraging public participation, and engagement with our citizens, community leaders, and elected officials.
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Welcome Evergreen
| Evergreen Supermarket officially opened their doors on November 23, 2011, in the Hillcrest Heights Shopping Center. The 30,000 square feet site, located at 2346 Iverson Street in Temple Hills, hopes to become a new chain of smaller grocery stores to compliment the county's larger supermarkets.
Thomas Jeong Hun, VP of Maxsun Produce Corporation, wants to open five more supermarkets inside the Beltway in Prince George's County. He hopes to carve out a niche as a reliable local grocery chain while offering less floor space than larger stores,
A number of people and agencies were instrumental in playing a role to bring this project to the residents of District 7. Recognition and a special thank you to EDC President/CEO Gwen McCall and the EDC team, the County Executive's Office, the Department of Environmental Resources (DER), Council Member Karen Toles (Dist. 7), Carla Reid (Deputy Chief Administrative Officer for Economic Development & Public Infrastructure), and David Iannucci (Assistant Deputy Chief Adminsitrative Officer for Economic Development & Public Infrastructre).
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Make Way for ALDI
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On December 15, 2011, Prince George's County Executive Rushern L. Baker, III, EDC President/CEO Gwen McCall, along with ALDI representatives and community dignitaries, welcomed ALDI to Prince George's County.
ALDI will offer Prince George's County grocery shoppers a smarter alternative at its new Cheverly store, located at 6524 Landover Rd.
In celebration of the new store and the company's ongoing commitment to Prince George's County, ALDI is encouraging shoppers to donate canned goods for the first week of business. The store will match the total amount, or up to $5,000 worth of canned goods, for a donation to Capital Area Food Bank. Click here to view photos from the ALDI grand opening. |
From The "BIZ" Files:
~ Old Navy at Woodmore Towne Centre will celebrate its grand opening in December
~ Woodmore Towne Centre will also welcome new restaurant tenant, Irie' Cafe, in December  |
This Month's "Tid-Biz"
Prince George's County ranks 4th in Minority Businesses in the U.S.
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Going On Now:
- December 23: Friday Night Fun, Food, and Fireworks, National Harbor, 6pm-9pm. Enjoy time with friends and family as you stroll along the streets of National Harbor and enjoy all the great store offers. The tree will light at 7pm followed by a fantastic fireworks show. For more information, click here
- December thru January 1, 2012: 25th Annual Winter Festival of Lights, Watkins Regional Park, 301 Watkins Park Drive, Upper Marlboro, MD 20774, 5pm-9:30pm nightly. For more information, call 301-699-2456. COST: $5 car/truck
- December thru January 8, 2012: ICE! at Gaylord National, 201 Waterfront Street, National Harbor, MD 20745 For tickets and pricing, click here or visit www.nationalharbor.com
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B2B: Baker to Businesses:
"The Signing of the
$50 Million
Economic Development Incentive Fund"
On November 17, 2011, County Executive Baker and the Prince George's County Council signed CB-4-2011, the Economic Development Incentive (EDI) Fund, at Hunter Mill AME Church in Suitland, MD. This bill, establishes an Economic Development Incentive Fund, specifies the purposes and uses of the Fund, and provides for the financing and administration of the Fund.
An appropriation of $50 million over the next five fiscal years has been designated, including $7 million that has been proposed for FY 2012.
Baker said, "We have mad a bold declaration to the State, region, nation, and the world, that Prince George's County means business! We are going to develop new business opportunities, incubator companies, and small and minority owned businesses that will lead to new industries in the County."
The EDI Fund's potential return on investment will be measured by tangible results like job creation, increased commercial tax revenue, and the achievement of key development goals. Special priority will be given to projects that maximize Local Minority Business Enterprise (LMBE) participation and hiring opportunities for County residents.
"The EDI Fund will provide much needed revenue to level the playing field for Prince George's County," said Gwen McCall, President and CEO for Prince George's County EDC. The EDC will serve as the primary intake source for applications for EDI funds, with FSC First providing underwriting services.
Administrative details of the EDI Fund will be finalized over the next couple of months. Applications will be accepted and implementation will begin in the first quarter of the 2012 calendar year. For more information on the EDI Fund, contact the Prince George's County Economic Corporation at 301-583-4601 or click here.
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NOW HIRING!!
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Visit PGPD
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