OFFICE OF COMMUNICATIONS
City of Annapolis
160 Duke of Gloucester Street
Annapolis, Maryland 21401
PRESS RELEASE - FOR IMMEDIATE RELEASE:
Media Contact: Mitchelle Stephenson, 410-972-7724 or email@example.com
The City of Annapolis Announces Second Round
of Economic Gardening Program
Program Focuses Growing Local Stage 2 Companies While Keeping
Them in the Community as Creators of Jobs and Wealth
ANNAPOLIS, MD (October 30, 2023) – In November, the Office of Economic Development in the City of Annapolis will be launching its second round of the Annapolis Economic Gardening Program in conjunction with the National Center for Economic Gardening (NCEG).
Economic Gardening is an entrepreneurial approach to economic development that focuses on supporting local stage 2 growth companies with strategic information and frameworks to grow jobs locally.
Team specialists from NCEG use corporate tools such as database research, search engine optimization, geographic information systems, and listening posts to find new markets, provide competitive intelligence and industry trends, assess digital marketing efforts and find qualified sales leads.
Last year, six businesses in the maritime industry successfully participated in the Annapolis Economic Gardening Program. This year, the program will be open to City-based businesses in all qualifying sectors.
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.
Interested businesses are welcome to attend a Zoom information session on Wednesday, November 8 at 11:00 a.m. conducted by Chris Gibbons, Founder of the National Center for Economic Gardening.
Please visit https://www.annapolis.gov/1934/Annapolis-Economic-Gardening-Program to register.
This information session will also be broadcast on the City’s YouTube channel at https://www.youtube.com/@CityofAnnapolis.
More information on Economic Gardening can be found at https://economicgardening.org/
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