The Frederick County Office of Economic Development (OED) is proud to present the 2015 Economic Development Annual Report. The report covers the work of the Frederick County Office of Economic Development and includes economic data to make the strong case for why businesses decide to locate and expand in Frederick County.
The 2015 Economic Development Report highlights eight major economic drivers for the year, identifies area of major commercial development, selected announced locations and expansions, reports on wineries, breweries and distillery growth as well as small business development and minority business outreach successes. OED worked with 46 companies that decided to locate and or expand in Frederick County in 2015. Those businesses represented over 900,000 square feet of office space and 726 jobs.
“It was a year of innovation across the County,” said Director Helen Propheter. “We are grateful this year to have the support of our elected leaders to help grow our economy. In 2015, the County Council passed a Commercial & Industrial Business Tax Credit for manufacturers, and Executive Gardner restored support for agriculture business development and small business funding opportunities.” Ms. Propheter reflected, “Our small business development efforts had a record-setting year in business starts and job creation. We worked with municipalities and minority business like never before. We look upon the past with pride, and the future with great optimism.”
Frederick County received several notable national quality of life accolades in 2015 including recognition by Money Magazine, Livability.com, Movoto Real Estate and The Military Times.