Montgomery County’s FY25 procurement reports show a record $274 million awarded to certified Minority, Female, and Disabled-owned businesses, representing 21.21% of eligible spending, and $133 million awarded to Local Small Business Reserve Program vendors, or 33.7% of eligible spending, the highest share since the program began.

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The Montgomery County Economic Development Corporation (MCEDC) announced Jared Smith as its new President and Chief Executive Officer, effective December 8, 2025.

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