Minority Business Vision
The Frederick County Minority Business Vision (MBV) was established in 2015 as an initiative to assist minority businesses. The Frederick County Office of Economic Development has taken the lead on this initiative and works with local and state partners to provide resources, educational opportunities, and networking events for minority, veteran or women-owned businesses throughout the year.
2020 Minority Business Vision Networking Events
The MBV holds monthly networking events geared towards helping minorities start a business and helping minority-owned businesses grow. Events include experts on topics such as marketing, finances, procurement, real estate, exit strategy and more. Exciting business connections are always happening at the MBV Networking – Come check it out!
Frederick County Minority Business Executive Development Program
The Frederick County Office of Economic Development has partnered with Hood College and Mount St. Mary’s University to offer a four month Executive Development Program to enhance and acquire new tools and techniques to further develop skills in Business Accounting and Finance, Marketing, Promotion and Advertising, Organizational Leadership and Organizational Management.
This course is designed for mid-level and senior management executives and business owners representing small, medium and large businesses. Enrollment will be a competitive process, 10-12 people will be selected for this program. The cost of the program is $100 (Non-Refundable).
Maryland Minority-Owned Business Resources
- The Frederick County Office of Economic Development (OED) works with local and state partners to provide business assistance including site selection, permitting and zoning, financial incentives, workforce recruitment, training grants, marketing programs, and small business and entrepreneurial support services.
- OED has created an online tool – The Frederick County Minority-Owned Business Directory – to search and connect to minority-owned businesses. To add your business, contact OED today.
- The Governor’s Office of Minority Affairs (GOMA) connects small, minority- and women-owned businesses to State contracting and procurement opportunities through the Minority Business Enterprise (MBE) and Small Business Reserve (SBR) programs.
- The Small, Minority and Women-Owned Business Account-Video Lottery Terminal Fund (VLT) provides 1.5% of the proceeds from video lottery terminals (slots) to be distributed in targeted areas surrounding five Maryland casinos. The other 50% will be available to small, minority and women owned businesses located throughout Maryland. Eligible fund managers oversee the distribution of video lottery terminal funds.
- The Maryland Small Business Development Financing Authority (MSBDFA) promotes the viability and expansion of businesses owned by economically and socially disadvantaged entrepreneurs.
For more information about any Minority Business Vision programs, events, or to be added to the Business Directory, call 301-600-2137.