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Business News From The City of Frederick, Maryland November 2016
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Hello
Saturday, November 26 marks “Small Business Saturday,” a day established to help support local merchants and the economy on one of the busiest shopping weekends of the year. Shopping small is about supporting locally-owned businesses, shops, and restaurants while strengthening the economy in Frederick.
Shopping small has the ability to make a positive impact on the local economy. Frederick households spend an average
of nearly $2,300 on clothing, apparel, and jewelry, according to Esri Business Analyst. Shifting more of that spend to small Frederick businesses helps keep money within the local community. Frederick residents also like to dine out. Households in the city spend over $3,500 a year on food purchases away from home, which is 14% above the national average according to Esri Business Analyst. Luckily 95% of all businesses in Frederick are small business, so there are abundant shopping and dining choices within the city to enjoy.
In support of shopping small this season and beyond, join the Mayor and Board of Alderman for a proclamation on Thursday, November 17 at 7 p.m. at City Hall. Immediately after the proclamation, business owners are invited to pick up Small Business Saturday bags and other promotional items.
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Richard G. Griffin, AICP, CEcD
Director, Economic Development
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Learn How to do Business with the Government at SMART PROC
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Join 90 speakers, 40 exhibitors, and over 500 attendees to learn what it takes to thrive in today's competitive procurement arena at the 14th Annual SMART PROC small business procurement conference. During the day-long event, gain valuable insights from procurement experts in government, business, and academia.
Richard Griffin, City of Frederick Department of Economic Development Director, will moderate the panel "Contracting with Maryland State Government: Understanding Maryland Opportunities, Future Requirements, the MBE Process and Opportunities for Small Business" during the event.
SMART PROC 2016
November 18, 2016
8:00 a.m. - 3:30 p.m.
FSK Holiday Inn & Conference Center
5400 Holiday Drive
Frederick, MD 21703
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Expert Panel Discusses "Taking a BioHealth Company Global"
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Join Maryland's I-270 Bio Corridor Collaborative and attend the lunch-and-learn event "Taking a BioHealth Company Global" on November 30 at Montgomery College, Germantown Campus. At this free event, hear global industry experts discuss how Maryland companies can leverage resources to fund and market their international ambitions.
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City Hosts Largest Chamber Business Card Exchange of the Year
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Every December, The City of Frederick is fortunate enough to host the monthly Chamber Business Card Exchange at City Hall and each year we strive to kick it up a notch.
Join us on Wednesday,
December 21, from 4:30 p.m. - 6:30 p.m. to enjoy great holiday decorations, a photo booth, food vendors and the chance to meet a few furry friends courtesy of Frederick County Animal Control and learn about adoption. We are asking that you
bring a donation from the list on the Chamber website. Our goal each year is to help Chamber members and potential new members meet and network; if we can find a new home for just one furry face on top of that, then our job is done!
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Business Appreciation Week and Business Expo Events Highlight Area Companies
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In October, the City's Department of Economic Development, along with the Frederick County Office of Economic Development (OED), participated in both the Chamber of Commerce yearly Business Expo and OED's Business Appreciation Week, now in its 16th year. This year, the events were held the same week, making it a great opportunity to recognize businesses in Frederick.
The
Business Expo is the largest business trade show in Frederick County and brings businesses together to showcase their products and services.
Business Appreciation Week is an opportunity for Economic Development partners to visit businesses and say "Thank You for doing business in Frederick County!" While there, we learn more about what makes local businesses successful.
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Inspiring Office - First United Bank & Trust Finds New Office Space in a Former Cannery
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First United Bank & Trust found a new home in the Monocacy Valley Cannery Building. The company finds the quality and character of the building a strength along with its convenient location.
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Recent Tour Highlights Why Frederick Remains an Attractive Location for Business
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Commercial real estate professionals from Frederick and beyond attended the Taste of Downtown Frederick Property Tour hosted by DED. Participants had the opportunity to tour Downtown and learn more about available office and retail spaces, major City projects, and available programs to encourage rehabilitation and investment.
In case you missed this year's tour, we have
highlighted three reasons why Frederick remains an attractive place to locate your business.
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Transformational Project: New York New York Salon & Day Spa
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This new series will highlight a variety of transformative projects within The City of Frederick. These projects provide a significant change through capital investment, improving community conditions, expanding access to employment, and more.
Our
first project provides a look back at the rehabilitation of a former mansion and funeral home that is now home to New York New York Salon & Day Spa.
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According to Esri, Frederick households spend over $3,500 a year on food purchases made outside of the home, including restaurants. Much of this spending is anticipated to occur during the holiday season as we gather with friends and family for special celebrations and holiday parties.
A compilation of Frederick Facts is available on the
DED blog.
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Swift Software has released version X7.1 of JobTraQ™, the Business Process Management software solution used by NASA, Comcast, the US Marines, Fifth Third Bank, and many others. If you are looking to work smarter, faster, and gain visibility and accountability into what is happening in your business, JobTraQ is enterprise-class software with a small business price tag. Read more about their successful software program
here.
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The City of Frederick was recently reviewed by Fitch, Moody's and Standard & Poor credit rating agency's and received ratings of AA+, Aa1 and AA+ respectively. Fitch Ratings highlighted The City's stable economic base, historically strong operating performance and solid revenue framework to support their rating.
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Firestone's Raw Bar - 105 N. Market Street
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Major Redevelopment Opportunity:
Frederick Towne Center
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The site of the former Frederick Towne Mall is available for purchase by auction. The auction will end on December 7, 2016. An opening bid is set at $2,500,000. For additional details, including an information packet, visit the auction website. Questions related to the property may be directed to Roman R. Tsimberg with Coldwell Banker at 410-365-1066 or by email.
See more great available commercial spaces In The City of Frederick on the
DED website.
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com
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