One Year in as the MCEDC and Great Strides for Business
Fall is beautiful in Montgomery County, resplendent with changing colors and crisp temps from our beautiful orchards and farms to the Ag Reserve, which encompasses a full 1/3 of the County’s land. Fall also marks our one-year anniversary as the MCEDC, and it’s been an exciting and fast-moving 12 months. As our staff grows, so does our business outreach and ability to connect with companies that want to start, expand and grow within our County. It’s a great time to do business here.
Recent successes include the Fox Television Stations’ announcement of a move to Montgomery County from DC, with plans to bring 200 jobs to a new 57,500 SF premiere space in Bethesda. Altimmune, a fast growing clinical-stage biotech company merged with another company and will relocate to a new 14,000 SQ Gaithersburg location. And JBG SMITH is relocating to a new corporate headquarters in Bethesda following its merger with Vornado Realty Trust.
MCEDC coordinates the Montgomery MOVE program, which gives financial incentives to companies moving into the County. Recent MOVE check recipients include FusionSPAN, Adaptive Phage Therapeutics and Biotech Laboratories U.S.A., a company developing veterinary tests to diagnose diseases in dogs and cats. Congratulations and we look forward to all your future successes.
November will bring the East County Regional Job Fair, a Speed Mentoring Workshop, and Small Business Saturday which will herald in the holiday season on November 25th. See our Events Calendar for more.
Reach out and connect – let us let us know how we can help you. From our cyber and BioHealth companies to small businesses of all shapes and sizes, what happens here changes the world.
This location is a big reason why our talented and diverse workforce – numbering more than 1,600 from over 50 countries – loves to live and work in Montgomery County and its environs. And they stay here: we are proud of our 93% employee retention rate.
Above all, the County and the Greater Washington area have consistently provided the skilled and talented workforce that we have needed to expand and prosper.
- David Petr, President & CEO, MCEDC
Your Success is our Business
Our business retention and recruitment experts are ready to help you connect. Whether you are thinking of starting, expanding or relocating a business in Montgomery County, MCEDC is here for you. We are a resourceful team, so please reach out and ask for what you need. If we don’t have it, we’ll find it for you.
Provide knowledgeable assistance to private and public businesses thinking of starting, expanding or relocating to MoCo, including help finding commercial properties to fit your needs.
MISSION: Accelerating Business Growth
The mission of the Montgomery County Economic Development Corporation is to accelerate business growth and retention in Montgomery County. MCEDC promotes the county as a prime location for business large and small to thrive. To support economic growth, we strategically connect business decision makers to market intelligence, premiere locations, available incentives, and top talent.
Funded by Montgomery County, Maryland, the MCEDC is the official public-private corporation organized as a 501(c)(3).
VISION: Economic Development, Reinvented
Our vision is to showcase Montgomery County as an ideal location to start, grow or expand a business, with the support resources and infrastructure in place to help companies succeed. With a diverse, creative, highly educated population, Montgomery County is a great place to live and work.