Montgomery County discusses support contracts for small business development

The Montgomery County Economic Committee convened on July 14, 2025, to discuss various initiatives aimed at supporting local businesses, particularly through partnerships with the Black Chamber of Commerce of Maryland and other local chambers. The meeting began with a reaffirmation of the committee's commitment to maintaining funding levels for small business support, emphasizing that no cuts had been made to the budget.

The first agenda item focused on a request for proposals (RFP) for a contractor to assist federal contractors in navigating business opportunities with the federal government. The proposed program includes a minimum of ten in-person workshops annually, one-on-one coaching sessions, and networking opportunities. The committee highlighted the importance of tracking participant success and gathering feedback to improve future offerings.

Next, the committee discussed an open solicitation for general business support services. This initiative aims to provide various forms of assistance, including expert consulting and technical support tailored to specific business needs. The discussion included inquiries about the establishment of cooperatives in Maryland, with committee members expressing interest in exploring this business model further.

The meeting underscored the committee's goal of fostering stronger partnerships with local chambers and enhancing support for small businesses through targeted programs. The committee members expressed optimism about the potential impact of these initiatives, particularly through cohort training programs, which have previously shown significant success.

In conclusion, the meeting highlighted the committee's proactive approach to supporting local businesses and ensuring that resources are effectively utilized to foster economic growth in Montgomery County. Further discussions and follow-up actions are expected as the committee continues to refine its strategies and programs.