The Montgomery County Economic Development Corporation (MECDC) serves as the official economic development entity for Montgomery County, Maryland. Our mission is to drive growth and innovation in key industries that are pivotal to Montgomery County’s economic landscape: Life Sciences, Technology, Hospitality, Real Estate, Nonprofits and Corporate HQs. Our team is available to support your business establish and expand in Montgomery County, Md. As a public-private partnership, we collaborate with County and State officials along with private companies to help connect you to resources, site selection, funding, incentives, permitting and more.
Why work with us
Whether you’re establishing or expanding your business, Montgomery County, Maryland offers a unique ecosystem rich in talent, groundbreaking discoveries, and a vibrant community dedicated to sustainability and bold thinking.
Diversity
- Largest county in Maryland | 1M+ population | $7.1B county budget
- 1 of 3 residents born outside the U.S | 162 Languages spoken among county schools.
- 4 of the 10 most ethnically diverse cities in the U.S.
Talent
- Highly educated workforce | 33% of adult residents with an advanced degree (masters or higher)
- #3 biohealth hub and talent pool in the U.S. | #4 overall tech talent pool in the U.S. (supporting biotech, cyber, cleantech, medtech, high-tech, hospitality and satellite tech, robotics, CHIPs, IoT, AI/VR, and advanced manufacturing)
- New University of Maryland Institute for Health Computing (AI/VR, big data, population health, and precision med, drug discovery, and more).
Strategic Location & Infrastructure
- Strategically located near the nation's capital | 18 federal agencies headquartered in the county.
- Home the National Institutes of Health (NIH), the Food and Drug Administration (FDA), the National Institutes of Standards and Technology (NIST), the National Cybersecurity Center of Excellence (NCCoE),
- Hub for Life Sciences, Technology, Hospitality and more | 40,000 life sciences employees | 6,500 Tech companies
- 3 international airports, 2 ports, domestic/international nonstop flights.
- Competitively priced commercial space than California, Massachusetts, and New York.
