The Montgomery County Department of Economic Development (DED) today announced one of the Montgomery County Business Innovation Network’s (BIN) first graduates of 2014. SW Creatives, a graphic and web design firm that partners with and serves area nonprofits and organizations dedicated to improving our communities will graduate from the County’s Wheaton Business Innovation Center (WBIC) in February.
SW Creatives has signed a five-year lease for just over 1,700 square feet at the World Building in downtown Silver Spring, located at 8121 Georgia Avenue, Suite 600. The company will move into the new space by March 1. In addition to a private office, a conference room, kitchenette, large open workspace and reception area, the new location also houses the company’s Creative Colony, a co-working space for creative communication professionals.
“Being a part of the Wheaton Business Innovation Center definitely improved my business, allowing me to develop relationships with strategic partners and exposing me to international business - all within a very supportive environment,” said principal and creative director Shala W. Graham. “Having a real office changed the perception of my small business, bringing in more clients and allowing us to turn a profit each year. It allowed me to grow my business from one employee in 2008 to five employees today.”
The County is actively shifting its business incubator model to focus more intensely on programmatic support for local entrepreneurs, both within the BIN and from the local small business community. This week, the Network offered seminars on navigating the commercial real estate market and public sector resources available at the state, county and city levels to local entrepreneurs. Other seminars being offered this month include “Get Your Finances in Shape for 2014” on January 21 at the Silver Spring Innovation Center and “How to Work with Lawyers” on January 29 at the Germantown Innovation Center.
The Montgomery County Business Innovation Network supports 139 companies and more than 800 jobs on site at five facilities, as well as virtually. Since 2000, more than 100 companies have graduated from the Network, creating over 1,700 jobs and occupying more than 600,000 square feet of local commercial space. They contribute approximately $4 million per year in local tax revenue. DED anticipates the graduation of several more Innovation Network companies during the first-half of 2014.
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Contacts: Kristina Ellis, DED, 240-777-2024
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Shala Graham, SW Creatives, 301-891-0111 x101