Jul 20

Jul 20 40 Years Of Economic Growth

Prince George’s County Economic Development Corporation Celebrates 40-Year Anniversary

Prince George's County Economic Development Corporation (PGCEDC) celebrates 40 years of serving the business community of Prince George's County, MD. Since its founding on June 13th, 1983, the organization has been dedicated to promoting economic growth and prosperity in the region.

With a mission to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity, dedicated to strengthening communities through business development and job creation, PGCEDC has been at the threshold of the county's economic abundance.

"Over the past 40 years, we've seen Prince George's County transform dramatically, away from a bedroom community, to a county that led the country in job growth for six consecutive years," said David Iannucci, President & CEO of Prince George's County Economic Development Corporation. "A county that brought exciting new employment opportunities and industry sectors, everything from quantum computing to aerospace to IT to healthcare, but also creating a better quality of life for all Prince George's County residents."

See David Iannucci's 40th Anniversary Video Testimonial HERE

Prince George's County Economic Development Corporation has played a vital role in helping businesses thrive. From providing assistance with financing and real estate to offering economic development programming, specific industry sector support, and business resources, the organization has been a valuable partner for companies looking to establish or expand operations in the region.

As Prince George's County has grown and evolved, so has the Economic Development Corporation. Today, the organization continues to drive the county's economic success, working tirelessly to attract new businesses, create jobs, and foster a vibrant and diverse business community.

"One of the most exciting things about Prince George's County is the transformations we've seen over the last 40 years is the creation of a skilled, educated, diverse workforce, one of the county's strengths," Iannucci continued. "It is one of the leadership opportunities we bring to the entire region. We want the Washington Metropolitan area to understand the exciting economic opportunities in Prince George's County, both in the private and public sectors; this is the place to be: Prince George's County."

PGCEDC recently celebrated the 5th anniversary of Innovation Station Business Incubator (ISBI), the county's elite business accelerator agent and entrepreneurial ecosystem hub. This dynamic business resource has a host of successful company graduates and members that continue to operate in the county community and the global marketplace. The celebration was on February 28th, 2023, five years from its founding.

"We are incredibly proud to celebrate 40 years of service to the business community of Prince George's County," said Ebony Stocks, Executive Vice President of Prince George's County Economic Development Corporation. "Our success is a testament to the hard work and dedication of our team, as well as the support of our partners and stakeholders over 40 years. We look forward to continuing to serve the county for many years to come."

As the Prince George's County Economic Development Corporation marks this important milestone, it is a time to reflect on the organization's many achievements and to look forward with optimism and excitement to the future.

About The Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses, dedicated to strengthening communities through business development and job creation. For more information about the services the Economic Development Corporation provides to local companies, visit www.pgcedc.com.