BIZ BUZZ 10/30/24

PGCEDC Pres. & CEO David Iannucci and Exec. Dir. of Business Development Larry Hentz Present Certificates of Recognition to County-Based Federal Government Agencies

By Rhett Butler

During Maryland Economic Development Week, PGCEDC President & CEO David Iannucci presented certificates to Bureau of Economic Analysis (BEA) representatives. Accompanied by PGCEDC Executive Director of Business Development Larry Hentz, certificates were presented to the Deputy Director & Chief Operating Officer of the U.S. Census Bureau Ron S. Jarmin, Patricia Abaroa, the Deputy Director of the Bureau of Economic Analysis and William J. Wiatrowski, Deputy U.S. Labor Statistics Bureau Commissioner.

While Census, BEA, and BLS are federal agencies in the State of Maryland, we in Prince George's County regard them as a local employer.

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PGCEDC Celebrates 5 County-Based Development Projects Highlighted in the

10 Suburban Maryland Major Real Estate Development Report

By Rhett Butler

Prince George's County Economic Development Corporation (PGCEDC) proudly congratulates five Prince George's County-based development projects recently spotlighted in a report by the Washington Business Journal for leading transformative real estate projects across suburban Maryland. Prince George's County represented half of the major development projects in the Washington Metropolitan region.

Prince County-Based Development Projects in Order:

Read Press Release Here

PGCEDC Distributes Over 100 Certificates of Recognition To Celebrate Maryland Economic Development Week 2024

Last week, PGCEDC celebrated Maryland Economic Development Week 2024! #EconDevWeek presented by Maryland Economic Development Association (MEDA) was held from October 21st -25th was conjoined with Prince George's County Economic Development Week via a Proclamation from County Executive Angela Alsobrooks.

Read the Press Release HERE

See #EconDevWeek images HERE

Expansion Starts Here!

PGCEDC Hosts She Means Business 2024

In celebration of National Women’s Small Business Month, PGCEDC hosted the She Means Business 2024 Breakfast Summit at The Hotel at UMD, bringing together an inspiring and diverse group of women business owners from Prince George’s County. This annual event is more than just a gathering—it’s a space where women from different backgrounds, industries, and cultures come together to celebrate their successes, share real experiences, and support each other’s professional growth.

Thanks to the honest advice and encouragement of our carefully selected panel and speakers, attendees left with fresh insights and practical resources to thrive in areas like government contracting, entrepreneurship, and more. It was a powerful morning filled with genuine connections, empowering conversations, and the collective spirit of women supporting women in business.

See #SheMeansBusiness images HERE

Expansion Starts Here!

Free State Distillery Hosts Grand Opening Bringing Prince George's County's First Black-Owned Distillery Brand

By Rhett Butler

PGCEDC congratulates Floyd "Beau" Wheeler on the grand opening of Free State Distillery in Upper Marlboro. Wheeler, a County resident and alumnus of Bowie State University stated to PGCEDC Business Development Manager, Restaurant/Retail Nicole Hall, "Prince George's County was the only option to locate his business."?

Expansion Starts Here!

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Creando Exitos Season 5 | Episode Four Promo

PGCEDC welcomes the latest season of Creando Exitos or "Creating Success." Now entering its sixth season of production, the Spanish language Creando Exitos is an informational program for the Latino Business Community designed to promote the services offered by PGCEDC and highlight other business resources available in Prince George's County to support and grow their companies.?

This episode features Cesar Cucufate, PGCEDC Small Business Development Manager. This season will highlight the multiple resources in the County and this upcoming episode is a testament to that.

The program provides a platform for Latino businesses to learn more about the County's Economic Development Incentive Fund, FSC First, Department of Permitting, Inspection and Enforcement (DPIE), banking services, and other programs to help them create success and showcase why Expansion Starts Here.

Creando Exitos is the winner of the 2024 Economic Development Marketing Award at the?2024 Maryland Economic Development Association Annual Conference.

Watch past episodes?HERE

Expansion Starts Here!

2024 MEDA Fall Conference:?The Economy is International

By Briana Milbourne

At this year’s MEDA Fall conference at the Baltimore Museum of Industry, PGCEDC’s Lori Valentine, Vice President of Policy and Public Relations, moderated an insightful panel on the influential role of foreign investment in Maryland’s economic landscape. The event explored how attracting global businesses can boost local growth, create jobs, and drive innovation across the state and came on the heels of Maryland Economic Development Week.

?Attendees gained valuable strategies for navigating new markets, recruiting international companies, and leveraging Maryland’s unique assets to enhance global competitiveness.

Expansion Starts Here!?

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Washington Business Journal

$5B Data Center campus on former Landover Mall footprint could break ground by 2026

A major new data center campus on the vacant former Landover Mall site, Prince George’s County’s largest such project to date, could break ground as soon as 2026.

The campus could accommodate up to 820 megawatts of power consumption, Jaclyn Cohen of Lerner Enterprises told me in an email, putting it well within “hyperscale” territory.

READ MORE HERE