business

January 29, 2014 | Valerie Bonk

Silver Spring Ethiopian Market is a Family Affair (Video)

Haregewoyan Azalew moved from Ethiopia more than 10 years to start a new life in the United States. She decided to use her skills as a business owner in her home country to open a market in Silver Spring. MyMCMedia’s Valerie Bonk has the story of how Azalew, her family and the Wesenyelesh International Market have […]

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January 29, 2014 | Valerie Bonk

Montgomery County Launches Program to Train Green Entrepreneurs

Montgomery County wants more green businesses in the area and is creating a program to make that happen.  The William James Foundation (WJF), Bethesda Green, Montgomery County Department of Economic Development (DED) and Montgomery Business Development Corporation (MBDC) are partnering to support the growth of local green businesses.  The newly launched Mentor Capital Network program will work to accelerate entrepreneurial growth […]

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December 9, 2013 | Sonya Burke

Council President Press Conference (Video & Photos)

Montgomery County Council President Craig Rice met with the media on Dec. 9 to discuss his goals and objectives for the year ahead. During the nearly 20-minute briefing he stressed his top priorities for small businesses and the agricultural community. He talked about “growing” farming and said he has been in talks with Montgomery County […]

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December 9, 2013 | Valerie Bonk

County Businesses, Officials React to Minimum Wage Increase (Video)

Small businesses already face tough competition from major retailers, and after the Montgomery County Council voted to approve an increase in the minimum wage, some local business owners and officials are concerned. “I will probably be raising prices and wages in order to maintain a high quality standard and that’s what I need to do […]

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November 18, 2013 | Valerie Bonk

Local Businesses Showcase Work in Africa (Photos)

One million people die worldwide from malaria each year in an increasing problem that seems impossible to solve. But in Rockville on Monday, Nov. 18, one man stood up in front of a crowded room and said confidently that his small, local biotechnology company is making strides in the clinical testing of a vaccine to […]

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October 7, 2013 | Staff Writer

MedImmune Acquires Amplimmune

MedImmune, completed its acquisition of Amplimmune, a privately-held, Gaithersburg based biologics company focused on developing novel therapeutics in cancer immunology. MedImmune acquired 100% of Amplimmune’s shares for an initial consideration of $225 million and deferred consideration of up to $275 million based on reaching established development milestones. Founded in 2007 and headquartered in Gaithersburg, Amplimmune […]

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September 21, 2013 | John Kolm

Meet “The Workplace Gripe Guy”

Sandra from Rockville writes: “Dear Workplace Gripe Guy, I am sick to death of women being passed over for opportunity in my company.  I’ve been trying to break into sales for four years, but every time, the jobs go to one of  “the boys” and there’s always a “good reason” – it’s never because I’m […]

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September 18, 2013 | Sonya Burke

Texas Governor Rick Perry Visits Bethesda (Photos & Videos)

Texas Governor Rick Perry visited Montgomery County on Sept. 18. He met with some Maryland Republicans and business people during a lunch reception at Morton’s in Bethesda. The Governor said he is in Maryland to discuss red state versus blue state policies and to talk to business owners about business opportunities in Texas. During his […]

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September 4, 2013 | Staff Writer

photo Steve Silverman at SSCAB

Montgomery County Rocks the Inc. 500 List

Ten of Maryland’s nineteen fastest-growing companies are located in Montgomery County – including the state’s highest-ranking company and two incubator companies. According to the Montgomery County’s Department of Economic Development (DED), that’s two more than made the list from regional rival Fairfax County, Virginia. Local officials say Montgomery County is a great place to grow […]

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August 29, 2013 | Staff Writer

photo test tube

MedImmune to Acquire Amplimmune (Photo)

AstraZeneca has announced that MedImmune, its global biologics research and development arm, has entered into a definitive agreement to acquire Amplimmune, a privately-held biologics company focused on developing novel therapeutics in cancer immunology. The buyout is designed to strengthen MedImmune’s cancer-related research, and includes an initial payment of $225 million, with the possibility of another […]

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