The Fairfax City Economic Development Authority (EDA) announced in October it has executed a new memorandum of agreement to continue operations of the Mason Enterprise Center – Fairfax “MEC-Fairfax”, along with its institutional partners George Mason University and the City of Fairfax and has signed a lease for the relocation and modernization of the MEC – Fairfax to 10300 Eaton Place in Fairfax City.
The relocation of the MEC-Fairfax also includes relocating the sponsored programs to a 6,680- square-foot space at 10306 Eaton Place. “George Mason is proud to be continuing this 25-year-old partnership with the City of Fairfax and the Economic Development Authority to grow small businesses in the region. The Mason Enterprise Center has worked in partnership to serve the community by providing services and access to university resources and talent in the support of the local economy – and we look forward to continuing the work through our next chapter of this shared mission” said Dr. Gregory Washington, President of George Mason University.
The MEC and the City’s economic development teams will leverage the new location and state-of-the-art facilities in identifying and incubating new businesses with high growth and mentorship potential. The new MEC – Fairfax buildout will be completed by November 2022 when they move into the space.
“This is a monumental step in the evolution of business incubation in Northern Virginia. The new MEC – Fairfax, powered by George Mason University, will solidify Fairfax City’s place in the innovation economy currently exploding in Northern Virginia” said Christopher Bruno, Fairfax City Director of Economic Development. “This partnership will allow Fairfax to continue working to attract new startups and businesses looking to grow within the center of our metropolitan region.”