Business Investment Pays Off

The importance of supporting local small business brought together local and state leaders to highlight the success that State and County funding has had in the relocation of Rosta’s, a women’s clothing store that has been in downtown Silver Spring for 25 years.

A combination of State and County funding leveraged private investment nearly five times and resulted in a newly renovated building that is creating jobs and preserving a local small business.

Cutting a tape measure to mark the renovation of the store’s new location at 8618 Fenton Street were (from left):  Director of Montgomery County's Dept. of Housing and Community Affairs Rick Nelson; County Executive Ike Leggett; Erma and Ali Rostai; Maryland Lt. Governor Anthony Brown; Maryland Dept. of Housing and Community Development Secretary Raymond Skinner; and District 20 Delegate Heather Mizeur. Rosta’s new store is scheduled to open later this month. Read more.

CATEGORIES: Economy
POSTED AT: Tuesday, August 17, 2010 | 6:00:00 AM |