Top Economic Development News
FCOED is excited to congratulate the Frederick County businesses that made the 2022 Inc. 5000 list of fastest growing private firms. Monument Metals, Rehab 2 Perform, Edgewater Federal Solutions, VaLogic, Payroll Services, KTL Solutions, Lee Building Maintenance, and iHire were included in this year’s list. Congratulations to these local businesses on their impressive growth!
 
During August, we celebrated the launch of new businesses and our staff participated in ribbon cuttings or openings including The Basement Hair Studio, Interventional Pain & Spine Care, Imagination Station Childrens Center, Priscilla's Pound Cakes and more. We are always happy to celebrate the launch of a new business or a new location with our economic development partners. We have been busy meeting Frederick County businesses and providing resources for businesses to start, locate and expand.
 
Looking forward, the Great Frederick Fair will run from Sept 16th – 24th and during this time FCOED recognizes those individuals and businesses that lead our key agricultural industry sector. Join us to celebrate the Farm Family of the Year, Ag Business of the Year, Ag Advocate of the Year and Young Farmer of the Year. We will also be recognizing our Young Ag Professionals. Throughout the week stop by Building 13 for the Homegrown Frederick Winery, Brewery, Distillery Showcase and treat yourself to some of our award-winning local craft beverages.
 
Thank you to everyone who nominated an innovative business for our Top 50 Awards. Frederick County is an exciting and unique area full of promise and innovation. Our future has never looked brighter and selecting just 50 for this year’s award is a challenge. Stay tuned for the results!
 
Next month is full of events that are great options for increasing your business network. We invite you to check out our Events section for information from our Resource Partners’ technical training on business planning, minority business enterprise subcontracting, and more. All month, stay informed through this e-newsletter and our website. 
Eight Frederick Businesses Make Inc. 5000 List for 2022
Each year, Inc. Magazine comes out with its list of the fastest-growing private companies in the nation. The 2022 list includes 131 Maryland businesses, with 11 of them making the prestigious Top 500.
The Great Frederick Fair 2022
Stop by the Homegrown Frederick Wineries, Breweries & Distilleries Showcase, meet local farmers and more.
U.S. Department of Commerce Awards $4.6 Million to FITCI
U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.6 million grant to Frederick Innovative Technology Center, Inc., Frederick, Maryland, for building renovations to support a science business incubator. 
Bio Networking Happy Hour
Have you registered for the Sept. 7th Technology Showcase yet? Did you know that FCOED is co-hosting a networking event after the Showcase?
"Shop Local" Group Supports Community Through Pandemic and Beyond
With 27,000 group members, the Shop Local group provides a spot for Frederick area businesses to advertise their goods and services for free, and get those promotions in front of more eyes. 
More than $14,000 Awarded at S.H.E. Pitch 2022
FCOED was proud to be a sponsor of last week's S.H.E. Pitch Competition. What an awesome event! A huge congratulations to all of the winners.
TEDCO Tech Fair
TEDCO’s inaugural Tech Fair focuses on connecting underserved small businesses to resources and technology. This FREE event will welcome the region’s entrepreneurs and business owners to gain more of an online presence and access to training programs provided by larger technology companies.

Maryland Manufacturing 4.0
The Maryland Manufacturing 4.0 grant program provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0-related technologies, machinery and robotics, and digital business practices in order to remain competitive and drive growth.