The Maryland Economic Development Association, a nonprofit organization of economic development professionals, has announced winners of the 2020 MEDA awards.
The winner of the 2020 MEDA economic development program award is the University System of Maryland Maryland Momentum Fund, which invests in technology-based startup companies affiliated with the system’s institutions. Receiving honorable mentions were Project C.O.R.E. (Creating Opportunities for Renewal and Enterprise), a project of the Maryland Department of Housing and Community Development, and Project Bright Future, a project of Queen Anne’s County Department of Economic and Tourism Development.
The winner of the 2020 MEDA economic development project award category is Kite Pharma Inc., a Gilead Company, which has a 279,000 square foot biologics manufacturing facility in Urbana, Maryland due to be will completed in 2020. The company is projected to hire 400-700 employees by 2025, according to the association. Honorable mention went to The Union Collective for its transformation of a Baltimore-based industrial space into a thriving and vibrant retail cooperative.
The winner of the economic development marketing category is the Maryland Technology Development Corp.’s Entrepreneur Expo for its use of digital and multimedia advertising to attract more than 1,000 attendees for a day of pitching opportunities, workshops and roundtable discussions.
Four individuals also received honors. James “Jim” Fielder, Jr., Ph.D., secretary of the Maryland Higher Education Commission, became the newest inductee into the MEDA Hall of Fame. Allison Akers, marketing and outreach manager at Anne Arundel Economic Development Corp., was named the 2020 MEDA rising star. Dr. Peter “Pete” Kremers of Frederick Health was selected as volunteer of the year for his work on the City of Frederick’s Color on the Creek initiative. Anirban Basu, chairman and CEO of the Sage Policy Group, was named MEDA outstanding contributor.
“The 2020 winners exemplify the Maryland communities that are going above and beyond when it comes to economic expansion and prosperity,” said “ Pamela Ruff, MEDA executive director, in a news release.
An awards dinner is set for May 4 at the Hyatt Regency Chesapeake Bay in Cambridge.