About Frederick county office of economic development
Frederick County Office of Economic Development: Driving Economic Growth and Prosperity
Frederick County Office of Economic Development (OED) is a government agency that is committed to driving economic growth and prosperity in Frederick County, Maryland. The OED's mission is to sustain, diversify, and grow Frederick County's vibrant economy by providing leadership and resources for businesses to start, locate, and expand.
The OED has been serving the business community in Frederick County for over 30 years. During this time, it has helped countless businesses start up or expand their operations in the county. The agency provides a wide range of services to businesses looking to establish themselves in the area or grow their existing operations.
One of the key services provided by the OED is site selection assistance. The agency maintains an extensive database of available commercial properties throughout Frederick County. This database includes information on everything from office space to industrial sites. Businesses looking for a new location can work with an OED representative who will help them identify suitable properties based on their specific needs.
In addition to site selection assistance, the OED also provides a variety of other services designed to help businesses succeed. These include access to financing programs such as tax credits and low-interest loans; workforce development programs that provide training and education opportunities for employees; marketing support through advertising campaigns; and networking events that connect business owners with each other as well as with potential customers.
The OED also works closely with local government officials on issues related to economic development. This includes advocating for policies that are favorable towards business growth while also ensuring that environmental concerns are taken into account.
One example of how the OED has helped drive economic growth in Frederick County is through its support of biotech companies. In recent years, biotech has emerged as one of the fastest-growing sectors in Maryland's economy. The state now ranks fourth nationally in terms of biotech employment concentration.
Frederick County has been at the forefront of this growth, thanks in part to the OED's efforts. The agency has worked closely with biotech companies to help them establish themselves in the county. This has included providing access to financing programs, connecting them with local research institutions such as the National Cancer Institute, and helping them navigate regulatory hurdles.
As a result of these efforts, Frederick County is now home to over 70 biotech companies employing more than 6,000 people. These companies have helped drive economic growth in the county while also contributing to advances in medical research that benefit people around the world.
Overall, Frederick County Office of Economic Development plays a critical role in driving economic growth and prosperity in Frederick County. Its services are designed to help businesses succeed while also ensuring that environmental concerns are taken into account. By working closely with local government officials and business owners alike, the OED is able to create an environment that is conducive to business growth and innovation.
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