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Allegany County Economic and Community Development

Allegany County Economic and Community Development (ACECD) is a department within the Allegany County Government in Maryland, focused on fostering economic growth and community development. It provides resources and incentives for local businesses, emphasizing workforce development and business attraction.

Recorded stages
Friends Family, Seed, Seed Plus
Focus sectors
Circular Economy
Recorded regions
United States, North America

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Overview

Allegany County Economic and Community Development (ACECD) is dedicated to enhancing the quality of life for residents and attracting businesses to Allegany County, Maryland. As a department of the county government, ACECD invests in various sectors, including advanced manufacturing, tourism, and community services. The organization offers resources and incentives for businesses looking to expand or relocate, with a strong emphasis on workforce development and the creation of amenities that support resident growth. ACECD manages several funding programs, including the Business Expansion Deferred Loan Program and the CleanTech Research & Development Grant, aimed at supporting local businesses and fostering innovation.

Focus

ACECD invests in sectors such as advanced manufacturing, tourism, and community services. The organization provides resources and incentives for businesses looking to expand or relocate to Allegany County, emphasizing workforce development, business attraction, and the creation of amenities to support resident growth.

Support

ACECD provides valuable support to portfolio companies through low-interest loans, grants for research and development, and access to local and state incentives. The organization helps businesses navigate funding opportunities and offers resources for workforce development and community engagement.

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