Top Economic Development News
February is Black History Month, and in Frederick County we value our increasingly diverse community. Black businessmen and women have long contributed to the economic vitality of Frederick County, and the 2016 U.S. Census reported that the number of black-owned businesses continue to rise. That's why OED is dedicated to supporting diversity in Frederick County, especially when it comes to business. The  Frederick County Minority Business Vision holds monthly networking events to encourage and support minority and women-owned businesses. At the end of the month we'll welcome the 3rd  class of the Frederick County Minority Business Leaders Program, designed to inspire, develop and grow current and future minority business leaders of Frederick County. We also have created a  Minority Owned Business Directory  that highlights our minority business community - if you would like to be added to the directory please send an email to  info@discoverfrederickmd.com .
 
OED is excited to announce the 2019 Frederick Real Estate Dealmaker (FRED) Award finalists. Now in its 3rd year, the FRED Awards celebrate the most impactful real estate deals of the year, and the people that make those deals happen. Check out our preview of the finalists below. Winners will be announced at the FRED Awards celebration in April.
 
February is also the month of love - with Valentine's Day fresh on our minds, check out our flashback to BAW 2018, where we #sharedthelove with Frederick businesses. Finally, be sure to check out our 2019 calendar of events - we look forward to seeing you at one of our many educational, networking or celebratory events this year!

Sincerely,




Helen Propheter, Director
Frederick County Office of Economic Development
OED Announces the 2019 FRED Award finalists for Most Creative Deal, Modern Masterpiece, and Broker of the Year
Now in its 3rd  year, OED hosts the FRED Awards to recognize and celebrate the commercial real estate industry deals and transactions made in 2018 that have made significant impacts on Frederick County's economy. 
 
Don't Miss These 2019 Events
2019 is shaping up to be another exciting - and busy - year for OED and the Frederick County business community! Throughout the year OED hosts a variety of events - whether you're looking for networking, education, recognition or celebration, there is sure to be an event for you! Be sure to mark your calendars - the OED team looks forward to connecting with your business in 2019!
 
Brewing Up Love in Frederick County
The month of February is all about love, and one thing Frederick County residents have love for all year long is the local craft beer industry. With 16 breweries, including the largest craft brewery in the state, Frederick's beer industry is booming. 

A Look at TEFELEN, a Phoenix Mecano Company's New and Unique High-Tech Product
Learn more about the partnership between Frederick-based Phoenix Mecano and TEFELEN, who recently established a manufacturing facility here for a new and innovative product designed to replace traditional electric cabling in electrical distribution systems.
 
Sharing the Love in Frederick County
With Valentine's Day on our minds, we take a look back at the 2018 Business Appreciation Week and the theme of #ShareTheLove. Economic Development partners visited more than 100 businesses across Frederick County, who shared the love by giving a shout-out to their favorite local companies and organizations.

FREDERICK'S TOP 50 CEOs 
PJ Bellomo, Scott Brunk, Tony Brusco and Robert W. Buckheit Jr., Ph.D.  are the Top 50 CEOs highlighted this month.  The Top 50 CEO list includes criteria based on the CEO's individual responses on the following: Strategic leadership concepts, Significant growth under his or her leadership, Number of employees, Tenure, Company's turnover rate, Company's median salary, Number of nominations the CEO received and CEO's involvement in the community.
PROPERTY OF THE MONTH
This multi-tenant office building is for lease or for sale. Total square footage of the building is 60,000 with two and a half floors available (1st floor will be available April-May; 
2nd floor has 20,000sf and the 3rd floor has approximately 15,000sf). This building has ample parking and great Route 15 visibility. Ideal owner user or large tenant opportunity. The property has direct access to Route 15 and easy access to Interstate 270 & 70.
STAY IN THE KNOW
BUSINESSES IN THE NEWS
BY THE NUMBERS

FY 2016 Economic Impact Analysis of Maryland's Military Institutions - Highlighting Fort Detrick
  • Employs 8,641 on-base personnel
  • Total payroll at Fort Detrick was nearly $1.1 billion, up from $842.0 million in FY 2012
  • Activity associated with payroll, procurement, and visitor spending supported a total of 29,700 jobs
  • Of the $2.0 billion in total purchases, nearly $1.5 billion were procured in-state
PARTNER SPOTLIGHT: techfrederick
 
techfrederick is membership organization focused on identifying, highlighting, supporting, fostering awareness of, advocating for, and developing Frederick's growing high tech community through community education and human resource development, entrepreneurship training programs and seminars, and related events.
UPCOMING EVENTS
Frederick County Office of Economic Development
301-600-1058
118 N. Market Street, Suite 300
Frederick, MD  21701
www.discoverfrederickmd.com