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Archives for June 2022

Watch the Public Safety Awards

In case you missed the 33rd Annual Public Safety Awards, you can watch them now, on YouTube.

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Non-Profit Mastermind – “Effective Communication & Public Speaking”

Our Non-profit Mastermind group was joined by the wonderful Amaate Neil, a Public Speaking Consultant and Rockville Toastmasters Club Member. He led some valuable exercises that are sure to help us become better communicators and presenters to our nonprofit audiences! 

Please see the full video below if you weren’t able to attend the live event.

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Project Restore Accepting Next Round of Applications in Early July

Application scheduled to open 7/7/2022 at 12:00 PM EST

Project Restore will provide $25 million to fill vacant retail and commercial buildings and support business investment, job creation, and economic growth in Maryland’s communities. Businesses opening or expanding into vacant retail and commercial properties may be eligible for Project Restore grants from the Maryland Department of Housing and Community Development. Project Restore grants can help new and growing businesses with rent payments and operating costs in their first year.

Project Restore provides two grant opportunities for businesses, including nonprofits, that are expanding, moving to or opening in a property that was previously vacant for at least six months:

Property Assistance Grant:  Provides up to $30,000 for one year to support costs associated with rent, mortgage payment or property improvements as applicable.  

Business Operations Grant: For businesses that generate sales and use tax, provides up to $250,000 per calendar year to support capital (property improvements, equipment etc.) and operating (staff salaries, marketing, inventory etc.) costs associated with business operations in the vacant property.  

Please visit https://dhcd.maryland.gov/projectrestore for more details and how to apply.

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Marketing Roundtable: Connecting with Local Media to Promote Your Business

Did you know that Montgomery County has several media outlets?  Ever wonder who they are?  Well, some of them are your fellow members of the Rockville Chamber of Commerce.  We will have panelists from a variety of outlets describe who their audiences are and what content they need.  They will also tell us how best to work with them to showcase your business.  

Facilitator: Beth Perell

Speakers:

Nannette Onley Hobson, CEO of MCM
Cheryl Heimlich, Store Reporter (online)
Eric Peguero, Podcast Producer, ENS Media

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MCEDC with Partner LEDC Selected as New Fund Manager to Provide Loans to  Maryland Small, Minority and Women-Owned Businesses

Montgomery County now represented for first time in Maryland VLT Program; MCEDC given an initial allocation of $1.5 million in state funding 

Rockville, Md. — The Montgomery County Economic Development Corporation (MCEDC) was named today as the ninth and newest fund manager in the Maryland Small, Minority and Women-Owned Business Program, also known as the Video Lottery Terminal (VLT) Program. There are currently eight VLT fund managers around Maryland that receive state funds to provide loans for small, minority and women-owned companies.

Press Release Link

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Kendall Capital Is Moving to Rockville’s Tower Oaks Corridor

ROCKVILLE, MD. (PRWEB) JUNE 07, 2022

With a growing team and even faster-growing assets under management (AUM), Kendall Capital is moving its office to 2000 Tower Oaks Boulevard, Suite 240, in Rockville, Maryland. The wealth management firm will make the move on June 10, 2022.

“We reached $450 million in AUM in the past year and we’re adding employees, so we outgrew our space,” explained Kendall Capital President & CEO Clark Kendall, CFA, AEP®, CFP®. “It amazes me to look back at where we came from 16 years ago when I started with just me, a phone, a desk and a Rolodex. Today, we have a talented team and a wide array of clients — and we’re busier than ever amid all this market volatility. While other businesses are scaling back their office space, we are grateful for our continued growth and our ability to serve the financial needs of Middle-Class Millionaires® in our community.”

Nina Smith, Director of Marketing and Communication, who spearheaded this move by overseeing the space selection, design, IT infrastructure, and new innovative technology, is excited to use the new space as a way to elevate Kendall Capital’s brand and better fit the needs of both clients and staff.

“While we serve clients all over the U.S., we are truly excited and honored for the continued opportunity to provide financial insights to people living and working here in Montgomery County, Maryland and across the DMV,” said Vice President & Senior Relationship Manager Carol Petrov, CFP®, CPWA®.

Kendall Capital made the Inc. 5000 list for the third year in a row last year, which is the who’s-who of the most successful small businesses in America. Kendall noted at the time that the firm has grown organically, not through takeovers or acquisitions. Kendall Capital is one of only six Montgomery County companies to make the list three years in a row.

Last year also saw the release of Kendall’s latest book Middle-Class Millionaire Women: Essential Strategies to Ensure Financial Longevity, co-authored with Carol Petrov, CFP®, CPWA®. The book provides life-changing tips and insights on how women can achieve financial success. It complements Kendall’s 2019 book, Middle-Class Millionaire: Surprisingly Simple Strategies to Grow and Enjoy Your Wealth.

About Kendall Capital
Kendall Capital is a wealth management firm providing fiduciary financial planning and investment management services to Middle-Class Millionaires® in the Washington, D.C. metropolitan area. The firm currently manages client assets of approximately $450 million. President and CEO Clark Kendall is the author of “Middle-Class Millionaire” and “Middle-Class Millionaire Women” and says, “Middle-class millionaires are more common than you may realize. While you may not consider yourself a millionaire, you may have accumulated over $500,000 or more in investable assets through disciplined saving and investing, a timely inheritance or a combination of all three.” Kendall Capital is a fee-only, fiduciary financial adviser firm. It does not receive commissions from anyone for recommending specific investments in order to serve its clients’ best interests.

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(301) 424-9300 · dawn@rockvillechamber.org