MCEDC chosen to provide loans to Md. minority, women-owned small businesses
The Montgomery County Economic Development Corporation (MCEDC) was named as the ninth and newest fund manager in the Maryland Small, Minority and Women-Owned Business Program.
MCEDC offers $200K in grants for COVID-19 gear manufacturing
Small and medium-sized manufacturers in Montgomery County who are changing operations to manufacture personal protective equipment can apply for a grant from the Montgomery County Economic Development Corp.'s new Local Production Fund.
Need money to equip your biotech firm’s new wet lab? This Md. county wants to help
A new program in Montgomery County aims to help small biotech companies pay for laboratory space in the county. The Montgomery County Economic Development Corp.’s new Bio Lab Pilot project will provide $10 per square foot of wet lab fit-out costs, up to $30,000, to cmpanies that agree to be headquartered in Montgomery County for […]
Protein membrane firm relocates from Ohio to Md.
Applied Biomimetic A/S, a maker of a protein membrane technology for water treatment and purification, has relocated to Gaithersburg from Cincinnati, Ohio.
Bio-health entrepreneur helper to manage Md. life sciences incubator
A life sciences incubator formerly run by Montgomery County is now being managed by a public-private partnership that focuses on helping central Maryland scientists and bio-health startups bring their ideas to market. Rockville-based BioHealth Innovation Inc. at the start of October began managing the Germantown Innovation Center, which is part of the Pinkey Innovation Complex for Science and[...]
Florida economic development official to head MCEDC
The incoming president and CEO of the newly minted Montgomery County Economic Development Corp. says he’s really in the business of telling stories. David Petr, who takes over the leadership of the organization Sept. 6, got his start in marketing and copywriting before deciding those skills translate well into economic development. In Montgomery County, Petr said he […]
Cybersecurity, startups top Montgomery County priorities
The newly-minted Montgomery County Economic Development Corp., which took over for a pair of now-defunct entities on July 1, is making cybersecurity its first priority. The corporation has just commissioned a survey to “take the pulse” of the cyber ecosystem in the county to get a sense of how it can be nurtured and developed, […]