Other

In addition to Tax Credits and Incentives, Financing Programs, and State Incentives, other areas of assistance and programs include:

Project Expedite

The Charles County EDD may approve project expediting to help speed up the development approval process for qualifying businesses and projects restricted to commercial, industrial, and mixed-use projects only. To qualify, the project must achieve EITHER (a) minimum job creation requirements OR (b) minimum capital investment requirements.

(a) Job creation criteria: Minimum of 10 full-time jobs must be created by project AND minimum average annual salary of 10 full-time jobs must be greater than the most recent annual Charles County median wage.

(b) Minimum capital investment criteria: projected amount of capital expenditure of the project must be at least $1,000,000.00.

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Fee and Permit Waivers

While the County does not generally waive permit fees since most of these are paid to special or enterprise funds, waivers are permitted under special circumstances.

Workforce Training and Retraining

Based on eligibility, the County may provide a number of workforce training support solutions including:

  • Customized Training Jobs Investment: Cash reimbursement for retraining employees of both new and existing companies. Usually requires threshold of minimum number of new jobs and investment.
  • Small Businesses and New Jobs Retraining: Jobs must integrate new technology.

ED Incentive Opportunity Fund

Forgivable loans for flexible use such as job training, infrastructure, land purchase, and relocation. Usually depends on number of jobs and level of investment.

Views from Charles

Ignite Entrepreneurship: Tips for Success from the College of Southern Marylandís Entrepreneur and Innovation Institute

Published: Monday, July 17, 2017

In our newest blog series, “Ignite Entrepreneurship,” we profile local entrepreneurs to learn more about what “ignited” their success, and also gain insights about being an entrepreneur in Charles County. For the first blog of this series, we sat down with Thomas Luginbill, director of the College of Southern Maryland’s newly-established Entrepreneur and Innovation Institute (EII).

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Contact

Lucretia Freeman-Buster
Chief of Business Development

Charles County EDD
10665 Stanhaven Place

Suite 206

White Plains, MD 20695

Phone: 301-885-1344

BusterL@MeetCharlesCounty.com

“We are proud to be a key part of Charles County’s future and we heartily encourage other, cutting-edge companies to join us.”

Doug Egan
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."

George Nash
Director of Business Development
Facchina