On October 21, 2022 Governor Larry Hogan announced new awardees for six state revitalization programs administered by the Maryland Department of Housing and Community Development (DHCD). Two projects within The City of Frederick were among those awarded.
A Look at Frederick from the City Economic Development Team
Community Invited to Design Future of East Street Corridor
New Spire Arts Plans Next Act Joining With Weinberg Center For The Arts
The Mayor and Board of Alderman of the City of Frederick signed an agreement Thursday night between the City and the Ausherman Family Foundation, handing operations of New Spire Arts Stages over to the City of Frederick. New Spire Arts is transferring assets to the City and dissolving as a non-profit entity to make way for this new and exciting next act. The black box theater, located in Frederick’s Theater District at 15 West Patrick Street, is housed in the iconic downtown building formerly home to McCrory’s Five and Dime.
Frederick County and City Economic Development Partner to Support Underrepresented Businesses
The City’s Department of Economic Development is proud to be the Signature Sponsor of the Frederick County EmPOWER Program- which was created to support underrepresented businesses.
The program offers monthly networking events, a business mentorship program (currently accepting applications), an underrepresented business directory, DEI tool kit, blogs, one-on-one business support, resources and more!
Pop Up Dining Ad Hoc Committee Update
City Invites Public Feedback for East Street Redesign
Downtown Hotel Project Secures Key Funding
On February 17, The City of Frederick’s Board of Alderman unanimously approved to accept $2.52 million from Frederick County government to assist in the purchase of the future site of the downtown hotel and conference. Proposed as a full-service Marriott branded hotel, the project will serve as an economic anchor along Carroll Creek - providing new downtown lodging options, stimulating local spending, and attracting future private investment to the area.
FY23 Community Promotion Grant Application Period is Open
City Establishes New Purchasing Policies
On Thursday, November 18th, the Mayor and Board of Aldermen approved of a Resolution to adopt changes to the Purchasing Polices of The City of Frederick. Included in these changes is the establishment of a goals-based Minority and Women Business Enterprise (MWBE) program and a Small Business Reserve program.
Holiday Parking in Frederick
Frederick County 2021 Online Sales and Technology Grant
Frederick By the Numbers
The Roles of Economic Development
Economic Development is a deliberate set of programs, policies, or activities intended to improve the economic well-being and quality of life. The goals of economic development efforts include: creating/retaining permanent higher wage jobs, stimulating private sector investment, growing the community’s non-residential tax base, and helping governments plan for the future. To achieve these goals, Economic Development organizations rely on five strategic focuses.
Business Start-Up Guide
The City’s new Business Start-Up Guide is designed to help entrepreneurs navigate the start-up process in The City of Frederick as efficiently and effectively as possible. Read through the steps to learn about local business resources, potential tax credits & financial assistance, important real estate considerations, required licenses & permits, promotional opportunities, and more.