The City of Annapolis has partnered with the National Center for Economic Gardening to provide research assistance to Stage 2 Annapolis-based businesses to facilitate their growth potential.
There is substantial research that indicates many of the new jobs come from Stage 2 companies which represent only 3-10% of all companies in most communities.
The areas of research include:
- strategic research
- market research
- social media analysis
- strategic customer and competitor mapping and others
The National Center for Economic Gardening has successfully worked with dozens of communities across the country to help them accelerate the growth of their locally based Stage 2 companies. This work has helped to organically create job opportunities for local residents and spur local economic activity that helps other neighboring businesses.
To be considered for the program, companies must meet the following criteria:
- Be a for-profit, privately held Annapolis-based business in operation for at least two years
- Generate annual revenue between $1 million and $50 million
- Employ 10-99 full-time employees
- Demonstrate growth in employment and/or revenue during two of the past five years
- Have potential revenue growth in the next three years
- Provide products or services beyond the local area to regional, national, or global markets
Note: Retail, restaurant establishments, and local service providers (e.g., accounting, legal, staffing firms) do not qualify for the program.
The next Economic Gardening round will be announced on this website.
More information on Economic Gardening can be found at https://economicgardening.org/