MWBC Welcomes New Managing Director Morgan Wortham

Morgan Wortham (pictured left) Begins as MWBC’s Managing Director on July 1. ROCKVILLE, MD. – June 26, 2020—Maryland Women’s Business Center (MWBC), a program of Rockville Economic Development, Inc. (REDI), is proud to announce the hiring of Morgan Wortham as its new Managing Director effective July 1. Wortham’s role supports MWBC’s mission to help entrepreneurs launch and grow  successful women-owned enterprises. Wortham joins MWBC with 20 years of experience in economic and workforce development projects and urban planning. Prior to enrolling in the University of Maryland’s Doctorate of Urban & Regional Planning and Design and working on a variety of area urban planning projects as a graduate research assistant, Wortham was the President/CEO of Envision Community Solutions in Iowa, where she managed multiple projects in economic and workforce development as well as consulted in nonprofit management, urban planning, affordable housing development and financial education. Prior to that she was the…

Continue reading

Prince George’s County Allocates Additional $20m in COVID-19 Aid Funding

The Prince George’s County Economic Development Corporation (EDC) and the Financial Services Corporation (FSC First) successfully launched the Business Relief Fund (BRF) on April 13, 2020. As of May 15, 2020, the BRF has issued commitments to 122 companies for more than $4,045,000 in Loans and $837,500 in Grants. Already, $2,110,000 has been wired to the respective borrowers. However, because of the severity of the pandemic on the regional and national economies, Prince George’s County businesses have applied for almost three times the BRF’s available $10 million. As a result of the $158 Million federal CARES Act Grant to Prince George’s County, the County Executive intends to allocate $20 Million from the CARES Act Grant to fund the previously announced COVID19 Business Relief Fund (BRF). The County intends for the CARES Grant to reimburse the initial $10 Million EDI Fund allocation to the BRF. There are two critical changes: (1)…

Continue reading

Montgomery County Council Approves $20m in COVID-19 Aid Funding

Updated April 9, 2020 Requirements for the County’s Public Health Emergency Grant Fund (PHEG) are online now. The application should go live early next week. Here is some of the information that you should gather in anticipation of the opening of the online application. Business Eligibility: Must be a “Business in Good Standing” (see below). Employ 100 or fewer full-time-equivalent employees. Physically located in the County (see specific requirement). Incurred financial losses caused directly or indirectly by the Covid-19 public health emergency. Must apply for any applicable State and Federal programs to qualify for County assistance. Documentation Needed: 6. Supply at least two of these documents: Tax Return 2019 (or 990) if available. Tax Return 2018 (or 990). Tax Return 2017 (or 990). Interim Financial Statements and any Tax Return the business filed with the IRS (if your business is less than 2 years old). 2019 Profit and Loss Statement…

Continue reading

COVID-19 Resources for Maryland Businesses

To assist Maryland’s businesses, MWBC has created this resource page that includes information and links to financial assistance during COVID-19. We will continue to update this page as more information becomes available, so check this page often and follow us on social media–Facebook, Twitter, LinkedIn, and Instagram. If you have questions or need help, schedule a call with one of our business counselors. Call us at (301) 315-8091 to get connected. Updated August 6, 2020 Are you a supplier or buyer in need of critical personal protective equipment (PPE) to combat coronavirus? Click here to connect with suppliers and buyers through the new Maryland Manufacturing Network. Is your company re-opening? Visit open.maryland.gov/backtobusiness for guidance and best practices from the Maryland Department of Commerce. Also, consider taking the Maryland Back-to-Business pledge by downloading, signing, and posting it in your business where customers and employees can see it. ECONOMIC RELIEF NEW! The…

Continue reading

Maryland’s Business Express Launches COVID-19 Portal

Maryland Women’s Business Center (MWBC) is committed to supporting economic growth Maryland’s female entrepreneurs, especially during this uncertain time when businesses are planning and responding to COVID-19. The State of Maryland has created a portal on its website for businesses impacted by COVID-19, which offers information and additional resources to help businesses navigate this unprecedented event. This online coronavirus portal also includes a list of FAQs that many businesses will find helpful. Answers to questions include information about: business tax questions, guidelines for employers, fair labor standards, insurance claims, opportunities for financial assistance, statewide closures, and more. If business owners have specific questions not answered by the FAQs, please email them to Secretary.Commerce@maryland.gov. Last week, the Small Business Administration released information about disaster assistance in response to the coronavirus, including the possibility of Economic Injury Disaster Loans. We are awaiting information that the State has taken action so we can encourage affected businesses…

Continue reading

SBA Releases Disaster Assistance Resources for Businesses

The Small Business Administration just released a handout providing information and resources for businesses in response to COVID-19 (novel coronavirus). If your small business is affected by COVID-19, check out the resources provided and visit SBA.gov for more assistance.   Click here to download the SBA PDF.    

Continue reading

REDI Seeks Managing Director for MWBC

Rockville Economic Development, Inc. (REDI) announced today that it is seeking a qualified, professional Managing Director for its respected Maryland Women’s Business Center initiative. Details of the position responsibilities and job requirements may be found in the job description (PDF) posted below. To apply, qualified candidates should submit their résumé, with cover letter indicating interest, via email to HR@rockvilleredi.org. Applicants are encouraged to submit by March 30, 2020, when application review will commence. If you know qualified candidates, we invite you to download and forward this job description for their consideration.   Click here to download a PDF of this job description.    

Continue reading

Congratulations BETAH Associates on Maryland Governor’s Citation

ROCKVILLE, MD, Feb. 4, 2020 /PRNewswire/ — BETAH Associates, an African American and woman-owned small business, that aims to “do well and do good,” today received a Maryland Governor’s Citation. BETAH is an award-winning professional services firm that has served federal, state, and local government clients for over 30 years. This honor, bestowed by the Maryland Governor’s Office of Small, Minority, and Women Business Affairs (GOMA), recognizes BETAH’s contribution to the state’s business growth and giving back to local communities. Michelle Taylor, President and CEO, accepted the honor at this morning’s Ready Set Grow event hosted by the Office. “Maryland is open for business, and it is my pleasure to present Ms. Taylor with a Governor’s Citation on behalf of Governor Larry Hogan,” said Jimmy Rhee, Special Secretary of the Governor’s Office of Small, Minority & Women Business Affairs. “We commend her and the entire team at BETAH Associates for…

Continue reading

  • Client Testimonials

    “Material was clearly laid out and explained. The instructor was highly knowledgeable and gave practical, real-world examples to make it easier to understand, especially to the broad range of attendees.” 

    ----------------------------------------------- Robin Menge How to Write a Successful Business Plan Workshop attendee