Small Business Committee Hosts County Economic Development Director Steve Silverman

Posted Date: 
March 22, 2011

Montgomery County Economic Development Director Steve Silverman at the head of the table, joined to his right by MCCC Small Business Vice-Chair Judy Stephenson of OFFICEPRO, Inc.; MCCC President and CEO Gigi Godwin; and MCCC Small Business Co-Chair Charles Atwell of Innovative Business Interiors, Inc.

Speaking to the Chamber’s Small Business Committee on March 16, Montgomery County Economic Development Director Steve Silverman provided an economic development update and highlighted a series of specific initiatives of importance to small businesses. Among issues he addressed:

  • Fresh news of the U.S. Department of Health and Human Services’ approval of a new lease with the JBG Companies, allowing the federal agency to remain and expand on its current Parklawn Drive site in Rockville. He noted that it means that “3,000 employees are staying” and that HHS’ presence could expand in the future to accommodate nearly 4,000 employees.
  • How he and County Executive Ike Leggett have been embarking on a tour to pay business visits to the 200 largest companies in Montgomery County. Silverman noted they have visited 42 of the top 100 companies so far and 64 of the top 200, and are continuing to make visits as frequently as possible.
  • Silverman emphasized the importance of both federal agencies and large employers to our small business community.  He said that the County Department of Economic Development would continue to advocate for these organizations to spend significant amounts of their procurement dollars with local small businesses.
  • Two of the hospitals in Montgomery County will be among the largest business growths in the immediate future, with Holy Cross’ plans for a new hospital in Germantown and Adventist’s planned relocation of Washington Adventist Hospital to the Route 29 corridor in Silver Spring. Each project is expected to net an additional 1,000 employees, noted Silverman.

In terms of small business initiatives, Silverman discussed the County’s Small Business Revolving Loan program, which recently received a $2 million infusion of funds. He also noted opportunities for small businesses to compete for County contracts through the County’s Local Small Business Reserve Program.

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