With a highly educated workforce, a low cost of doing business, and a focus on STEM education, Charles County is well-positioned to grow its technology industry, specifically in R&D, engineering and computing. Charles County’s workforce consists of a large concentration of managers, professionals, and highly-educated residents with jobs in advanced technology, IT, engineering services, design, fabrication and rapid prototyping. More than 94 percent of residents have a high school diploma or higher, and the County is home to the most energetics PhD’s in the nation. In addition, NSWC Indian Head has the largest concentration of PhDs working in Energetics in the Warfare Center, including the highest number of synthesis chemists, detonation physicists, and formulation scientists dedicated to the energetics National competency.
Due to its strategic location in the DC-Baltimore-Richmond corridor, Charles County has access to a potential labor force of more than 1.836 million within a 45-minute commute.
With digital transactions, virtual workplaces and teleworking becoming the norm for many companies, Charles County offers a strong applicant pool and a lower cost of doing business for companies of all sizes, including startups. Charles County boasts office lease rates that are nearly 50 percent lower than the D.C. Metro average, while the cost of labor is also lower, even compared to the state of Maryland.
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The SBDC offers training and counseling services to local businesses at all stages of growth. From the earliest stages of business planning, to preparing for business sale or exit strategy, the SBDC provides a range of resources.
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“We are proud to be a key part of Charles County’s future and we heartily encourage other, cutting-edge companies to join us.”
Chief Executive Officer
Competitive Power Ventures
“Charles County’s strategic location in the DC Metro region affords us networking and business opportunities with some of the top names in our industry."
Director of Business Development