The next meeting will occur on Monday, March 20th, 2023, at 1:00 pm. There will be a short Open Session to discuss the minutes from March 13th, if available, and then the Board will go into a Closed Session to discuss individual projects for the remainder of the meeting. The Public may observe the Open Session portion of the meeting by using these telephone credentials:
+1 (234) 719-3968 PIN: 571 041 351#
In the 2022 Legislative Session, the Maryland General Assembly passed Senate Bill 474, sponsored by Senators George Edwards, Paul Corderman and Katie Hester. The legislation called for the creation of the Senator George C. Edwards Fund and established the Western Maryland Economic Future Investment Board to review, evaluate and rate applications for funding from the program. It also made this program a part of the Tri-County Council of Western Maryland, which staffs the board and administers the fund.
The Board is looking for projects that will make a substantial economic impact, bringing significant employment opportunities and/or increasing the tax base.
There are two categories of funding available. Money in the fund can only be used to award grants and provide loans to capital infrastructure projects and business development projects to improve the economic conditions in the region.
Senate Bill 474 also designated the positions which are represented on the board. Currently, the Western Maryland Economic Future Investment Board is comprised of the following positions and is filled by the people listed:
George C. Edwards, Garrett County Economic Development Corporation
Will Wrobleski, President
Commission President Paul Edwards
Juli McCoy, President
Jeff Barclay, Director, Community & Economic Development
Commissioner David Caporale
Paul Frey, President
Jonathan Horowitz, Director
Commissioner Jeff Cline
Mayor Ray Morriss, Cumberland
Andrew Sargent, Sr. Business Development Rep.