10/12/2026
Major economic development investments across Maryland, Washington, DC, and Virginia are creating excitement about new business opportunities. But how do small businesses position themselves to participate in that growth?
A major investment announcement doesn't automatically translate into contracts or new customers. Entrepreneurs need to understand where opportunities exist, how purchasing decisions are made, and what it takes to become a competitive supplier or service provider.
In my latest article, I explore the connection between regional economic development and small-business growth, including the importance of market research, procurement relationships, technical assistance, and business readiness.
As our regional economy continues to grow, are small businesses prepared to take advantage of the opportunities that may follow?
I'd be interested in hearing your thoughts.
Written by ALSTNTEC, LLC Whenever a major economic development announcement is made, it naturally generates excitement throughout the business community. A company announces a multimillion-dollar expansion, a new manufacturing facility is coming to the region, or a government agency announces a majo