The City of Cumberland Economic Development Office, in cooperation with Allegany College of Maryland, proposes the development of a business incubator/co-work space and services to support business and contribute to economic development within the city. The Mayor and City Council of Cumberland, Maryland support this effort and have allocated funding to explore the feasibility, to define the stages and process for development, identify all funding sources, and to determine the suitability and cost of renovations for the city-owned property at 19 Frederick Street. The effort to create an incubator in this space is done in conjunction with the Allegany College of Maryland’s efforts to establish a Western Maryland Center for Excellence.
Deadline for submissions for the Feasibility Study to assess market demand for business incubator space and services is August 13, 2014.
Click here for the complete Request for Proposal.