2018 | Business

Business Notes: Rockville Among Nation’s Best Small Cities for Small Business, Online Ranking Says

Plus: ‘We are Montgomery County’ campaign highlighted local entrepreneurs; Richmond firm acquires Bethesda company

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CITY OF ROCKVILLE

Rockville has placed No. 19 in an online list of the best small cities for starting a small business.

The Verizon analysis ranked cities based on population, education, commute time, average income, access to speedy internet, ability to get loans and tax scores. Portland, Maine, topped the list, scoring well because of its short travel-to-work times, educated population and low unemployment levels. Three Florida cities appeared in the top 10: Weston at No. 2, Delray Beach at No. 5 and Kissimmee at No. 7.

Rockville was one of two Maryland locales on the 50-city list, with Gaithersburg coming in 48th place.

To count as a “small city,” a municipality’s population had to fall between 50,000 and 75,000. To evaluate an area’s education level, Verizon looked at the percentage of the population with a bachelor’s degree or higher.

365 people profiled in Montgomery County video campaign

Over the past year, 365 people have shared their stories as part of the “We are Montgomery County” video campaign that showcased the area’s business leaders, innovators and entrepreneurs.

Since the campaign launched in July 2017, more than 10,000 people have visited the website to check out the videos, which were recorded in the Montgomery County Economic Development Corp. offices.

“Montgomery County is a diverse tapestry of remarkable people, places, ideas, and innovation, and we want to share that story,” David Petr, CEO of MCEDC, said in a news release.

The videos of business-people from around the county are searchable by industry—construction, education, biohealth, technology, tourism and others—and by community. The videos were promoted on Twitter and generated more than 165,000 impressions and more than 4,000 clicks, likes, profile clicks or other forms of engagement.

Richmond-based company absorbs Bethesda firm

A Bethesda financial consulting firm, CTS Capital Advisors LLC, has been acquired by a Richmond public accounting firm.

The Washington Business Journal reports the terms of the deal weren’t disclosed. The Virginia-based firm, Cherry Bekaert LLP, has a Bethesda office, and all 25 of CTS’s employees will work out of that location, according to the Business Journal.

A managing member and a director of CTS will become principals of Cherry Bekaert.

Bethany Rodgers can be reached at bethany.rodgers@bethesdamagazine.com.