Legislation Details

Reference No. CR-064-2008    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 7/23/2008
Introduced Date 7/1/2008 Public Hearing Date
Effective date:    
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
Proposers/Sponsors: Samuel H. Dean, Ingrid M. Turner, County Executive
Code sections: None - None
Attachments: 1. ACTION SUMMARY T2008064, 2. R2008064.pdf
Contact: Russell A. King, Jr. Office of Law
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.