EDA Center Develops Economic Strategy for St. Mary’s County

The University of Maryland-Morgan State Center for Economic Development has commenced work on the first ever Comprehensive Economic Development Strategy (CEDS) for St. Mary's County, Maryland this summer, after signing a one year, $86,796 contract with County Commissioners. The CEDS will help prepare and guide future planning efforts, government initiatives and economic growth in the rapidly growing region. It will also feature enhanced cluster analysis using innovation network modeling and analysis methods developed by University Center director, Dr. Scott Dempwolf. Dempwolf’s modeling tools, the subject of his dissertation and ongoing research, identify unique opportunities typically missed by traditional modeling, such as new technologies and entrepreneurial start-ups.