The presence of key federal installations and a major communications and information technology sector have made Montgomery County the epicenter of innovation in cybersecurity, artificial intelligence and IT.
The region is now home to nearly 100 cyber security companies and offers proximity to numerous federal agencies that address cyber-related issues, a major part of the $14 billion government cyber market.
“You have access to a lot of federal institutions and general proximity to the federal government, which gives companies a lot of avenues for a customer base and a lot of avenues to innovate,” says Robel Worku, business development specialist at Montgomery County Economic Development Corp. (MCEDC). “In addition, the talent pool is highly educated and there is a lot of money available to entrepreneurs who are trying to start companies.”