Business News From The City of Frederick, Maryland
May 2020
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Hello

As I write this, the City and County are considering some limited business re-openings following Gov. Hogan’s Executive Order yesterday.  It has been eleven long weeks since a State of Emergency was declared in Maryland on March 13, 2020 due to the COVID-19 Virus.  Eleven weeks of hardship and struggle by Frederick businesses to generate enough cash flow through sales, grants, owner equity, and loans, to pay bills, keep employees on the payroll, and plan for future reopening. Families are dealing with layoffs, unemployment, financial problems, on-line schooling, and health concerns.  Despite these incredible challenges, Frederick businesses and their workers continue to give back to the community in so many ways and pivot their business plans to be responsive to the challenge.  The US Chamber of Commerce recently found that two thirds of their small business members continue to give back despite the pandemic.  Why am I not surprised?  The business leaders in Frederick are truly invested in going the distance to help bring Frederick back to full health and operations. This issue of ENEWs highlights the amazing work being done by Frederick’s businesses.

Regards,
‌
Richard G. Griffin, AICP, CEcD
Director, Economic Development
Amid the changes and challenges brought about by COVID-19, Frederick businesses are doing what they do best: innovating.
Here we look at some of the major ways business are pivoting their models to continue to support their community & their customers through the pandemic. .
Although business has come to a temporary halt for some industries, others are experiencing a spike in activity due to COVID-19. Here we look at examples of local businesses whose ordinary services are being specially called upon during these unordinary circumstances.
Even when they're down, Frederick businesses seem to find ways to help others up. Here's just a handful of examples of the generosity we've witnessed.
Frederick’s economic development partners have quickly pivoted their services to support our local companies through today’s unique challenges. Check out some of the helpful new resources now available to businesses through our partners.
Local Intellectual Property law firm McBee, Moore & Vanik was recently awarded a 10-year contract with the NIH.

Frederick Arts Council has launched a Frederick Artist Emergency Relief Fund for local artists facing financial loss due to the Covid-19 pandemic.

United Way and Community Foundation of Frederick County distributed over $100k in support of local non-profits who provide essential services during Covid-19.

Frederick based tech company Datakwip, recently received $250k from Chesapeake Bay Seed Capital Fund. Read their fantastic news here!

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 !
Congratulations to the following anniversaries and grand openings:



If you have a business that has opened, relocated or expanded in the last 3 months, please tell us!
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com