Title:
|
A Resolution approving financial assistance to the Prince George’s County Economic Development Corporation (“EDC”) from the Maryland Economic Development Assistance Fund (“MEDAF”) to conduct a feasibility study of an international office and warehouse business incubator
|
Title
A Resolution approving financial assistance to the Prince George’s County Economic Development Corporation (“EDC”) from the Maryland Economic Development Assistance Fund (“MEDAF”) to conduct a feasibility study of an international office and warehouse business incubator
Background
This Resolution approves $62,500 in grant funding from MEDAF to EDC to evaluate the feasibility of an international office and warehouse business incubator at Steeplechase 95 International Business Park in Capitol Heights, Maryland. EDC seeks to expand its existing incubator program to create opportunities for small and medium-sized enterprises, particularly minority enterprises, in the County’s Foreign Trade Zone.