Known for the Companies We Keep

Helping Businesses Launch, Locate, and Expand in the City of Rockville, Maryland

June 15, 2017

REDI Celebrates 20 Years of Rockville’s Economic Development

Rockville Economic Development, Inc. (REDI) recently celebrated its 20th anniversary by hosting a business luncheon at Lakewood Country Club. One of the highlights of the event was the premiere of the REDI 20th Anniversary Video, which features historical photos and interviews with former Rockville Mayor Rose Krasnow and former REDI Board Chair Albert Lampert, both of whom were instrumental in launching the Greater Rockville Partnership, as REDI was originally known.

This event also recognized REDI’s visionary founders and past accomplishments while promoting current initiatives and plans for future growth. It drew more than 130 attendees, including state and local elected officials, business leaders, community partners, and supporters that make Rockville a truly great place for business. Among the notable guests were:

  • Bridget Donnell Newton, Mayor of Rockville
  • Cheryl Kagan, Maryland State Senator
  • Charles Barkley, Maryland State Delegate
  • Sidney Katz, Montgomery County Councilmember
  • Julie Palakovich Carr, City of Rockville Councilmember
  • Beryl Feinberg, City of Rockville Councilmember
  • Virginia Onley, City of Rockville Councilmember
  • Mark Pierzchala, City of Rockville Councilmember
  • Ben Wu, Deputy Secretary, Maryland Department of Commerce


“What began as a local business relocation effort has grown into a dynamic and highly respected organization, making a significant positive economic impact on the Rockville business community during the last 20 years,” said Paul Newman, Associate Director of Westat and REDI Board Chair.  “REDI offers resources, business support, networking, and access to funding, and continues to be a key partner to influence business development and growth in the area.”

“REDI’s involvement in the transformation of Rockville Town Center and then Rockville Town Square has had a great influence on the commercial activity that we see in downtown Rockville,” notes Laurie M. Boyer, Executive Director, in her interview.  “Another significant milestone included the creation of the Maryland Women’s Business Center, which expanded from the Rockville Women’s Business Center into a formally recognized, federally funded entity that supports women entrepreneurs across the state.”

Through REDI’s collaboration with local government, businesses, and other partners, REDI helps businesses launch, locate, and expand in the City of Rockville, Maryland. This earned the organization two citations of achievement—one from U.S. Senator Chris Van Hollen and one from the Maryland Department of Commerce.

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