Business News From The City of Frederick, Maryland
January 2023
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Hello
The times they are a changin’ here in Maryland as we welcome Governor Wes Moore and Lt. Governor Aruna Miller, a new state legislature and Frederick delegation, a new Secretary of Commerce, Kevin Anderson and a new County Executive, Jessica Fitzwater. Bob Dylan penned his song about changin’ times in 1964, and he had it right when he once said, “There is nothing so stable as change.” Businesses know that that change is critical for sustainability, and business expansion is a hallmark of community health. This issue of Frederick Business eNews is chock full of amazing business expansion stories here in Frederick despite ongoing headwinds from COVID, inflation, supply chain, and worker shortages. Read about some of the amazing local businesses currently investing in change through new or renovated spaces, production upgrades, jobs, training, technology, and products. Business investment is a sign of confidence in future financial returns and in the local community. Frederick is indeed fortunate to be home for over 3,700 businesses including over 40 new businesses in 2022 – many of which are small, minority, or women owned enterprises. I am proud of the role the City's Department of Economic Development (DED) and our partners play in supporting these and other businesses as they bring change. If your business is looking for change, let us know how we can help.
Best,
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Richard G. Griffin, AICP, CEcD
Director, Economic Development - Agents of Change
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Just as we celebrate new businesses opening their doors, we are equally excited to see existing businesses choose to reinvest in Frederick! Here we highlight five local businesses that have recently expanded or made significant renovations at their Frederick facilities. These projects demonstrate each company’s strong continued commitment to their workforce, customers, and our community.
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Take a peek inside the plans and progress at Visitation Frederick -- an exciting project transforming the former private school into a boutique hotel, as well as featuring the construction of new downtown condominiums.
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The Department of Economic Development’s GROW Grant Program is intended to encourage and financially-support small businesses making strategic improvements to commercial buildings within The City of Frederick.
Read about recently awarded projects and learn how you can take advantage of the program here.
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Hood College has been awarded multiple awards of funding for two new centers: the Marlene Grossnickle Young and Michael S. Young Data Driven Frederick Center (DDF) and the Biomedical Research and Training Center. Learn more about these exciting developments here and here.
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Application is now open for Frederick County's Small Business Accelerator Program.
The 10-week program will highlight the fundamentals of essential business topics. There will be one-on-one coaching, networking opportunities -- AND the chance to access capital through the program’s pitch contest.
Visit here for more information and here to apply.
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The Frederick County Office of Economic Development has released the 2023 addition of its "Top 50" publication. This year's magazine features 50 local companies leading the way in innovation. We see quite a few City businesses in the mix!
Check out the creative work these companies are doing here.
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Attain Sports and Entertainment (AS&E) is inviting fans to pitch their concepts to name the newly formed Frederick Atlantic League Professional Baseball (ALPB) club. The new team will play out of Nymeo Field at Harry Grove Stadium, augmenting the games offered by the MLB Draft League's Frederick Keys. The fan that submits the winning team name suggestion will win 2023 season tickets, an official team jersey, and the opportunity to throw out the first pitch of the game. |
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Thanks for another great year, Frederick!
From business expansions, awards and grand openings to policy changes, milestones and events… join us as we take a look back at some of the highlights & major events in economic development from 2022 here.
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Hosted just miles from Ft. Detrick, this intimate, low-barrier conference provides small businesses with vital information and networking opportunities necessary to better understand, and execute on, the federal procurement process, mission requirements and forecast opportunities.
Learn more and register here.
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Two powerhouse companies united their expertise to form an unbeatable team of innovation and strength. Enforme Interactive Inc. and Wood Street Inc. joined forces bringing award-winning web design and development among other talents. With the merger, Enforme is now a one-stop shop for all marketing, design and web development needs.
Frederick's second Biotech Bootcamp was launched in Frederick on January 9th and runs through February 3rd. A Frederick consortium of partners has been joined by Maryland Manufacturing Extension Partnership, to provide additional programming support aimed at expanding the program’s footprint in the future. Find out what all the excitement is about and who is responsible for making it happen!
NanoBioFAB won the Equity Incubator Pitch Competition with a prize of $10,000! Founder and CEO Dr. Xiaonao Liu pitched and stood out among five finalists. It was hosted by The Lab for Entrepreneurship and Transformative Leadership and underwritten by the David and Mike Blair Foundation. 60 applicants, 30 participants, 5 finalists and one winner, NanoBioFAB.
Local favorite, Asian Supermarket, has moved and expanded their footprint and options for the Asian market experience. Formally located at 467 West Patrick, they have moved to 5 Willdale Drive and joined the ever-growing business family along the Golden Mile. Stop by, say hello and try some delicious options, including bubble tea.
The Frederick Arts Council announced it was selected to receive an American Rescue Plan grant from Frederi ck County to help the arts and cultural sector recover from the pandemic. Frederick County has announced a total commitment to the Frederick Arts Council of $500,000 in American Rescue Plan funding, to be disbursed over the next three years. Learn more about FAC and the grant.
The MET has announced their new Managing Director, Katherine Dubois; read here for a sample of her fresh perspective which helped the Board of Directors with their final choice.
Habitat for Humanity of Frederick County utilized funds from the State of Maryland to purchase several properties on West All Saints Street which will become 12 units of affordable housing on a land trust property. Find out more details and what's involved.
Four Points Group has been recognized as one of Forbes Best-In-State Wealth Management Teams for 2023! The Four Points Group thanks Forbes and Shook Research, and especially thanks their clients for their continued trust and confidence. Teamwork IS the dream work.
Warner Construction announced their team won TWO First Place awards in the Associated Builders and Contractors of Cumberland Valley Excellence in Construction Awards. Boonsboro High School Auditorium and Frederick Transit were the two winning projects and will go on to compete in the ABC National Excellence in Construction Awards in March 2023.
Does your business have news to share? Send us a press release and we'll help share that great news locally and regionally. Find out how!
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Congratulations to the following anniversaries and grand openings
If you have a business that has opened, relocated, expanded or celebrated
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January 10 - February 28, 2023
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com |
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