Thursday, February 24, 2011

2011 Frederick Procurement Fair

Exhibitor registration is now open for the 2011 Frederick Procurement Fair on Wednesday May 18th from 9:00am - Noon at the Delaplaine Visual Arts Education Center in Downtown Frederick.

Hosted by the City of Frederick Department of Economic Development and Frederick County Office of Economic Development, the 2011 Frederick Procurement Fair presents a unique opportunity for exhibitors - the purchasing and procurement departments of local government agencies and major employers in Frederick County - to connect with local small businesses regarding upcoming purchasing and procurement opportunities. If your company or agency is looking for a way to connect with potential vendors, suppliers and contractors, this is an event not to be missed!

Last year, over 120 businesses attended to learn about purchasing and procurement opportunities with 17 of the Frederick area's largest companies and government agencies. Exhibitors for 2011 already include The City of Frederick, Frederick County Public Schools, Frederick Community College and SAIC-Frederick.

To reserve your spot, call 301-600-6362 or email.  Exhibitor registration closes March 31st. Attendee registration opens April 1st.

For more information, visit businessinfrederick.com   

Tuesday, February 22, 2011

Spotlight on Frederick's Economy

Frederick's diverse industry base is one of our community's great strengths. This diversity softens the local impact of economic downturns and shortens economic recovery time.

Here are a few facts about Frederick's economic - where we were, where we are today and where we see opportunities for the future.

From 2003 to 2007, the Frederick region experienced a 21% increase in jobs. Compare that to 10% statewide and 9% national growth over the same period - pretty impressive numbers! Topping the job growth sectors:
Professional, Scientific & Technical Services - 60% increase
Arts, Entertainment & Recreation - 57% increase
Accommodations & Food Services - 32% increase
Finance & Insurance - 29% increase

Industry sectors that lost jobs durintg that time include manufacturing (down 15%) utilities (down 10%), agriculture/forestry/fishing/hunting (down 5%) and information (down 2%).

For the past 3 years (2008 through 2010) job growth in the Frederick area has been relatively flat. This is when that diverse industry base comes into play - modest losses in some sectors which were off-set by modest gains in others. The theme we heard continuously these past few years - "Flat is the new up."

Turning our attention to 2011, we hope to say good-bye to 'flat'. At the City's Department of Economic Development (DED), we see tremendous opportunities in our target industries - biosciences, advanced technologies, manufacturing, professional services and tourism.

We are excited about the NCI-Frederick facility at Riverside Research Park, not only for the jobs and economic opportunity, but for the incredible promise this facility holds in the battle agains cancer and HIV. NCI-Frederick is one component of a vibrant and innovative bioscience community in Frederick that is now more than 70 companies strong.

We are encouraged by our innovative manufacturing base - companies such as EDCO and Stulz ATS, who have taken steps to remain competitive through implementation of LEAN manufacturing processes and R&D to development new product lines.

Last, but certainly not least, is the continuing economic impact of Fort Detrick and the 38 mission partners located on the post. Fort Detrick is as diverse as the community that surrounds it. Cancer and HIV research, cutting-edge healthcare innovations, state of the art forensic analysis labs, military medical logistics and acquisition, global communications - Fort Detrick's mission partners are on the forefront of research and innovation. Through employment, federal contracts technology transfer and partnerships with K-12 education, Fort Detrick makes a lasting and positive impact on Frederick's economy and our quality of life.

In the weeks ahead, the DED blog will examine each of our target industry sectors. Next week, look for Spotlight on Industry - Frederick Bioscience.

Thursday, February 3, 2011

Tech Council of Maryland 9th Annual Frederick County Tech Awards

Do you work for or know of a Tech or BioTech company in Frederick County that has made an impact in the community? Done something innovative in the last year? How about a a really awesome boss? Then get moving and nominate that company for the Tech Council's 9th Annual Frederick County Tech Awards. Its easy and best of all, FREE! Categories this year include Executive of the Year, Firm of the Year, Small Business of the Year, Service Provider of the Year and CFO of the Year.

Each year TCM honors those companies that have made a difference in Frederick County. Don't miss this great opportunity to showcase your company and be recognized for your achievements. Nominations MUST be received by COB February 23, 2011. To nominate, please click on the following link: 2011 Frederick County Nomination Form or contact Todd Hayes at thayes@techcouncilmd.com or 240-243-4049.

Award winners will be honored at the 9th Annual Frederick County Tech Awards Celebration on March 29th, 2011 at Holly Hills Country Club, Ijamsville, MD 21754 from 6-8pm.

Don't wait, nominate and join TCM, Frederick County Leaders and the best of the best of the IT and Biotechnology communities at the 9th annual Frederick County Tech Awards. Click here to register.

Thank you to the sponsors: Platinum - Comcast
                                         Host - Frederick County Office of Economic Development
                                         Gold - MedImmune
                                         Media - 270inc Business Magazine
                                         Bronze - City of Frederick Department of Economic Development