Company Will Stay in Montgomery County through 2016

(Rockville, MD, July 19, 2011) The Montgomery County Department of Economic Development today announced that it has awarded Rockville-based green energy firm Clean Currents an Economic Development Fund (EDF) Grant to support the firm’s planned expansion of its headquarters facility. In return, the Rockville Innovation Center company has committed to keeping its headquarters in Montgomery County through 2016.

“It’s great to get a vote of confidence in our future growth prospects from Montgomery County,” said Gary Skulnik, co-founder of Clean Currents. “We’re proud to be the only green electricity company based in Montgomery County, a place where consumers demand clean energy and where our county leaders are way ahead of the curve in promoting greener practices.”

Founded in 2005, Clean Currents provides green electricity for homes and businesses in Maryland and Washington, DC.  It is the only energy provider in Maryland that is a certified B-Corporation and that exclusively offers certified green energy products.

“Clean Currents is a shining star within the County’s Business Innovation Network and our Department is proud to support their continued growth and success in Montgomery County for many more years to come,” said Steve Silverman, Director, Montgomery County Department of Economic Development. “Our job is to implement strategic programs to support business and job growth in the County; Clean Currents is a perfect example of this.”

Clean Currents is actively recruiting for two new positions this summer, and has a goal of adding 2-5 jobs in the second half of the year.

“Montgomery County is forging a path to a cleaner, greener economy that creates economic growth and innovation, and Clean Currents is very happy to be a big part of that future,” said Skulnik.

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About the Montgomery County Business Innovation Network                                      
The Montgomery County Business Innovation Network (BIN) is a program of the Montgomery County Department of Economic Development. The Network consists of five facilities located in Shady Grove, Downtown Silver Spring, Wheaton, Rockville and Germantown and provides more than 150,000 square feet of incubator office and lab space. The BIN currently houses over 170 companies supporting nearly 670 county-based jobs. Since 2000, more than 100 companies have graduated, creating nearly 2,000 jobs and occupying over 675,000 square feet of commercial space in the county. To learn more, visit http://www.mcinnovationnetwork.com/.