Driving Economic Development in Montgomery County
Montgomery County is home to a thriving and diversified economy. The Council strives to support economic growth in the County that is sustainable and emphasizes racial equity, social justice, innovation and the environment.
The Montgomery County Economic Development Corporation (MCEDC) is responsible for drafting the County’s Economic Development Strategic Plan with the goal of creating one unified vision for economic development in Montgomery County.
In April 2022, the Council unanimously voted to adopt the County’s four-year Economic Development Strategic Plan. The plan, Moving Forward Together: Strategic Priorities for a Unified Approach to Economic Development, aims to strengthen the County’s economic growth and includes target metrics, strategies and concrete measures for increasing business activity.
Learn about the Strategic Plan
Learn about the Strategic Plan
In addition to the County’s Economic Development Strategic Plan, explore key initiatives the Council is working on to build a more prosperous, equitable and sustainable economic future for our community:
Creating New Housing
With the Metropolitan Washington Council of Governments, the Council is working toward an ambitious goal—create 41,000 new housing units by the year 2030, with emphasis on affordable housing.
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Providing Workforce Resources
The Council is actively expanding the County’s workforce development capacity through partnerships with Work Source Montgomery.
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Growing Business and Generating Jobs
The Council is finding sustainable ways to decrease the cost of doing business in the County, attract new industries and create an environment where entrepreneurs can thrive.
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Building Sustainable Transportation
The Council is prioritizing improvements to our transportation network that provide alternatives to automobiles, decrease commute times and bring people to our economic centers.
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The Council’s Economic Development Platform was led by Councilmember Nancy Navarro and approved by the Council in 2019. The platform establishes a long-term vision for economic growth in Montgomery County. In the video below that was released in Nov. 2019, then Council President Nancy Navarro unveils the new Economic Development Platform.