Business News From The City of Frederick, Maryland
May 2018
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Hello
Apparently babyboomers like me (yes - believe it or not the
Beatles Hard Days Night Album came out the year of my birth), are being replaced in the workplace at an increasing rate by millennials. Data from the
Pew Research Center says that “more than one in three (35%) working Americans are millennials, eclipsing other generations in the labor force”. Millennials are defined as the current generation aged 21 to 36 years of age and in 2017 more than 56 million were in the workforce according to
Moneyish.com – significantly outnumbering GenXers (33%) and Baby Boomers (41%).
Future success requires Frederick and its industry partners to attract young professionals to our community and employment opportunities. This requires creative placemaking, transit, and cool urban residential and work environments with a robust after hours scene. This issue of Business ENews is dedicated to workforce trends of millennials and now GenZ.
I would be remiss if I didn’t mention the recent flooding which Frederick experienced and which affected many homeowners and businesses alike. If you experienced flood damage, please report such damage on the
City's website, so the total impact of the storm(s) can be tallied. Tune in here next month as we report the impact on Frederick’s business community.
Best regards,
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Richard G. Griffin, AICP, CEcD
Director, Economic Development
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Millennials & Management: Dispelling Myths
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The impact of the millennial workforce is here. What is your company doing to prepare for the enormous wave of tech savvy, energetic, ‘ready to take on the world’ millennials?
According to the Society of Human Resource Management, millennials will comprise 50% of the workforce by 2020. That's just two years away. So, how does Frederick fare with regards to growth of its millennial population? Find out more
on our blog.
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Eight Young Entrepreneurs Inspiring Frederick
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In the City of Clustered Spires, the steeples aren't alone in their impressive trajectories. This month, we recognize eight of Frederick's most successful young entrepreneurs who have also risen above the ordinary, and continue to reach higher.
Read on for the stories of this well-accomplished group of Frederick business owners --- all of which are under the age of 35.
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An Intern's Inside Look at the Post-Millennial Workforce
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The City's Department of Economic Development added a new team member for the past three weeks. As part of a graduation requirement for the Academy of the Holy Cross, Frederick resident -Arden Ireland served as the office's intern and was immersed in the world of economic development.
As Arden prepares for the start of her first year of college at University of Maryland, we asked her to
give us an inside prospective on the workforce of tomorrow.
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Partner Spotlight: Frederick County Workforce Services
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We recently spoke with Workforce Services Marketing Communications specialist, Julie Anderson, and learned helpful information and statistics about the County-wide program. Check out what she had to share
on our blog.
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City AV Team Recognized for Internship Program
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The City of Frederick
Audio Visual Department was
recognized recently by the Maryland State Department of Education with the 2018 Career and Technology Education Outstanding Postsecondary Business Partnerships Award of
Excellence, for their Internship Program.
The program provides experience to college students and other interns looking to break into the field and become proficient video producers.
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Do You Know Generation Connect?
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GenConnect means different things to different people. Intended to bring together the future business leaders in Frederick, it has served members in many ways.
Learn a little about this dynamic group and you might find yourself wanting to be a part of their excitement.
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Two local business leaders honored with Paul Harris Award
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Richard Griffin, City Director of Economic Development and Richard Trawick, Founder, Second Chances Garage, were honored by
Rotary Club of Carroll Creek with Community Paul Harris awards.
Mr. Trawick was honored for founding
Second Chances Garage that provides affordable reliable transportation to economically vulnerable individuals and families.
Congratulations to both on their awards!
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Maryland Motor Truck Association names local businessman, Howard Levine, with
Ramar Moving Systems, their 2018 Person of the year. Find out
more here!
Did you know? If you have good news to share about your Frederick business, we can help share that news locally and regionally.
Find out how!
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If you have a business that has opened, relocated or expanded in the last 3 months,
please tell us!
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Available Commercial Space
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Retail Space - Former Carrabbas location - Golden Mile
7,154 SF Retail Space. Restaurant ready pad site located along Route 40 - Golden Mile. Great visibility. Close to the new
Warehouse Cinemas prject at the former Frederick Town Mall.
For more information, contact Bruce Reeder with Rice Tire at 301-662-0166 x130.
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com
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