MEDIA RELEASE: The Montgomery County Economic Development Corporation (MCEDC) has officially begun accepting applications for commercial loans from the new Accelerating Community Excellence (ACE) Loan Fund, a state of Maryland-funded program that provides loans to small, minority, and women-owned companies. MCEDC is the ninth fund manager in the Maryland Small, Minority, and Women-Owned Business Program, also known as the Video Lottery Terminal (VLT) Program.
We had a wonderful crowd at our Mix & Mingle held at The Seneca in Rockville. Thank you to all who came out to support this event.
The Seneca’s classically trained culinary team creates meals that become moments to savor and they did not disappoint. At The Seneca, culinary experiences range from refined to casual, elegant to inspired – all menus feature farm-fresh ingredients and unique touches. They did not disappoint and served a delicious spread to our guests.
We had a special guest, Ben Wu, the President & CEO of the Montgomery County Economic Development Corporation in attendance. He presented our President & CEO, Marji Graf with a Certificate of Appreciation in recognition of her support, efforts, and leadership during the COVID-19 pandemic.
Would you like to join us for future Mix & Mingle Events? Please visit our calendar of events and register to attend upcoming events.
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.
For a full resource guide for Montgomery County, MD businesses, please download the full version here.