Business Digest

BUSINESS DIGEST

June 25, 2008

Gantech opens headquarters in Columbia

Gantech, an information technology minority business, celebrated the grand opening of its headquarters at 9175 Guilford Road, Columbia, with a ribbon-cutting ceremony conducted by Lt. Gov. Anthony G. Brown, Howard County Executive Ken Ulman, state Sen. James N. Robey, Clarence T. Bishop, deputy secretary for the state Department of Business and Economic Development, and Luwanda Jenkins, special secretary for the Office of Minority Affairs, according to a news release.

Thomas Laskowski, the company's president, invited the state and county officials to the June 10 celebration of Gantech and its move to new headquarters in Howard County.

A Hispanic-American-owned business established in 1999 as an information technology consulting and systems integrator, Gantech hopes to play a role in providing solutions for military base realignment and closure initiatives. The company has tripled in growth and revenue in 18 months and gained more than 20 customers.

Foundations establish grants for veterans

The International Franchise Association has announced that its IFA Educational Foundation and the PepsiCo Foundation have established a fund to provide grants for business development, education, training and technical assistance to veterans who have acquired a franchise through the association's "VetFran" program.

Formally known as the Veterans Transition Franchise Initiative, the program has offered financial incentives to encourage nearly 1,100 honorably discharged veterans to acquire franchise establishments. The incentives, offered by companies that are members of the association, typically involve a reduction in the initial franchise fee.

The application process requires candidates to have a signed franchise agreement and at least one unit in operation, or a letter from the franchise system confirming the store-opening schedule.

HCEA center to offer seminar July 16

The Howard County Economic Development Authority's Business Resource Center will offer a seminar, "Developing Your First Business Plan," from 8:30 a.m. to noon July 16 at the Center for Business and Technology Development, 9250 Bendix Road North, Columbia.

The seminar is designed to provide the first-time small-business entrepreneur with information needed to maximize success.

Information: 410-313-6550.

Business Digest items may be sent to howard.events@baltsun.com or faxed to 410-715-2816.

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