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Council and businesses consider innovation to bring in the jobs

Founders of successful Montgomery County businesses discussed why they’re in the County and how they thought it can maintain the inflow of innovative businesses and jobs in a June 20 learning session with all nine County Council members.

David Petr, CEO of the Montgomery County Economic Development Corporation, who organized the event, said the many key components of an attractive package for innovative businesses include: (1) a talented workforce; (2) good real estate space in which to locate; (3) capital access through banking and venture capital; (4) good transportation within the jurisdiction and to the rest of the country and the world; (5) clusters of expertise in particular businesses; (6) good local education systems, both K-12 and university; (7) an effective workforce development program; (8) openness to change and innovation; (9) nurturing small businesses and incubator programs in fields with special promise; (10) and a good community in which to live.

“We crush Fairfax County” on standards such as place to live, education systems, work-life balance and traffic, said Tien Wong, founder/CEO of Opus8 in Chevy Chase, a statement that brought smiles and support from Council members.

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Leggett brings in the county budget

  • Published in Local

Leggett 20091001 104316County Executive Ike Leggett

ROCKVILLE –, County Executive Ike Leggett met with the County Council to discuss his new proposed budget last week.

Unlike last year, this year Leggett does not propose any increase in property taxes above the charter limit in his $5.4 billion operating budget. Per usual, about half of the County’s proposed budget will go toward education with $2.5 billion for Montgomery County Public Schools and $309 million for Montgomery College.

Leggett’s proposed budget is a 2.7 percent increase from last year and does not dramatically increase funding for any County agency. In this year’s budget Leggett proposed a 2.3 percent increase to MCPS or $25 million additional to the state-mandated Maintenance of Effort.

“Given that, along with continued uncertainty about the economic recovery and State and federal actions, I am limiting any new programs or significant program expansions to those that clearly achieve our shared priorities and best serve County residents,” Leggett said.

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Leggett meets with counterparts from China

  • Published in Local

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As part of their sister city relationship, Montgomery County Executive Ike Leggett met with a delegation from Xi’an, China to help facilitate an economic partnership between Xi’an and the County.

The newly created Montgomery County Economic Development Corporation (MCEDC), a private-public group that seeks to attract businesses to the County, signed a memorandum of understanding to help promote business between the County and Xi’an

“As you can imagine, their government finance structure is entirely different from the United States’, so to have a friendly government in each place is essential in establishing a new operation,” said Robby Brewer, vice president of the board of directors for the MCEDC.

The trip by the delegation from Xi’an to the County was a follow-up to a trip made by Leggett and County business officials to Xi’an in 2013. In 2014 the two jurisdictions, signed a Sister City agreement insuring a business and cultural connections between the County and Xi’an.

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