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Report
Montgomery County, Maryland
Department of Economic Development
The SmartChoice for your Biotech,
Pharma, Life Sciences or Advanced
Technology Company
Home of
NIH, FDA, NOAA, NIST, DOE
and a host of other federal agencies.
Montgomery County is…
Number One in the nation in the
percentage of Ph.D.s in the
workforce
Home to approximately
8 percent of the U.S.
biotechnology industry
Second globally for initiatives
aimed at drawing and retaining
biotech companies
Second among the 50 U.S. states in federal R&D
commitments ($7.9 billion)
Regional Federal Assets
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U.S. Department of Agriculture
Food and Drug Administration
National Institutes of Health
National Institute of Standards and Technology
U.S. Army Medical Research Institute for Infectious
Diseases (USAMRIID/Ft. Detrick)
Walter Reed Army Institute of Research and the Naval
Medical Research Center
USDA Beltsville Agricultural Research Center
Environmental Protection Agency
National Oceanographic and Atmospheric Administration
MARYLAND’S BIOSCIENCE REGION
STRATEGIC PROXIMITY
Just two hour access to 80% of the U.S.
pharmaceutical industry and more than
1,000 biotechnology companies
USAMRIID
NBACC
JHU
UMBI
UMBC
DOE
CARB
NIST
TIGR
AFIP
JCVI
FDA CVM
USUHS
FDA
WRAIR
BARC
USDA
NIH
DOE
GTU
GWU
Private Sector Company Concentrations
National Institutes of Health
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27 Research Institutes and
Centers
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$27.9 billion USD in funding
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~2,400 resident & visiting
MD/Ph.D.s of 18,625 employees
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403 invention disclosures; 396
patents filed; and 122 patents
issued in 2004
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Technology transfer opportunities
(276 licenses executed in 2004)
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80 CRADAs per year
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Exclusivity and non-competitive
product interest
Gateway to the Region’s Robust
Federal & High-Tech Marketplace
 Home to world-class federal research & regulatory
agencies including:
 Located at the epicenter of the Mid-Atlantic’s
thriving marketplace:
 Home to dynamic industry leaders:
Academic & Research Assets
• Johns Hopkins University
• University System of Maryland at Shady
Grove
• University of Maryland Institute of
Biotechnology – Center for Advanced
Research in Biotechnology
• The Institute for Genomic Research
Elite Workforce
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Population nearing 1,000,000
Total workforce of over 460,000
Advanced technology workforce over 54,600
Most educated workforce in U.S.– 40% hold advanced degrees
– 70% with at least 4-year college degrees
– Highest proportion of Ph.D’s in the U.S.
Montgomery County Incubator Network
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Maryland Technology Development
Center
60,000 sf of office and wet labs in the
Shady Grove Life Sciences Campus.
40-50 companies.
Silver Spring Innovation Center
20,000 sf of office space in downtown
Silver Spring, 20-25 companies.
Wheaton Business Innovation
Center
12,000 sf of office space near Metro,
15-25 companies
Rockville Innovation Center
23,000 sf of office space in new Town
Square near Metro, 20-30 companies
Germantown Innovation Center
(1Q08)
32,00 sf of office and wet labs in
partnership with Montgomery College,
25-35 companies
Our Results
• 100+ companies have participated in the
Incubator Program
• Graduates now provide 1500 jobs in the County
and occupy in excess of 500,000 sf of
commercial space
• Notable Grads: Avalon Pharmaceutical,
Tetracore, Nextone Communications, Rexahn
Pharma, Advanced Vision Therapy, Radius
Technology, RioRey, Aeras Global Foundation,
GeneDX and Canon Life Sciences
Small & Minority Business Services
 Award-Winning Mentorship
Program
 New Business
Empowerment Division
 Maryland Small Business
Development Center
Network
 SCORE – Retired Industry
Executives Resource
 Small Business Outreach
& Advocacy
 Targeted Networking
& Training Events
 Small Business Financing
Entrepreneurial Support
Maryland Venture Fund (MVF)
•Challenge Investment Fund ($150,000 seed)
•Enterprise Investment Fund ($500,000 early stage)
•$ leverage via large 13 year old VC network
TEDCO Maryland Technology Development Corporation
•$50,000 - $75,000 awards – technology transfer
collaborations
•Federal Laboratory Partnerships (14 formal agreements)
•Maryland Technology Development Fund ($75K)
•University Technology Development Fund ($50K)
•Fort Detrick Technology Transfer Initiative ($50K)
•TechStart Fund ($15K)
•Working Capital Loan Fund ($15K - $50K)
•Maryland Stem Cell Research Fund ($200K - $1.5M)
MdBio, Inc. ($25,000 - $250,000 investments)
•Product Accelerator and Equity Investment Programs
UMBI: Center for Advanced Research
In Biotechnolgy
• W.M. Keck Structural Biology Facility
(research in protein engineering, structure & function)
• NMR, X-ray crystallography, micro array core
• 85,000 square-foot facility
• USM-wide faculty access
& resources
• Partnered with NIST
UMBI: Center for Advanced Research in
Biotechnolgy II
• Bioprocess development and cGMP production – Phase I
(including workforce training programs)
• 6000 sf core GMP space for MCC and MF platforms
(including QA/QC labs and fill/finish)
• Plant & insect BSL 2/3 transformation facilities
(new production platforms and pathogen research)
• 140,000 square-foot facility
• Launched Fall 2003 with a
$50M State investment
• Operational Fall ‘07
Montgomery County Provides a
Strategic Opportunity for
Indian-based Companies
• Montgomery County wants to be the location of
choice for Indian-based companies seeking
strategic opportunities in the United States.
• Goal: Target India-based companies that want to
establish a U.S. presence and provide them with
the advantages of our diverse community, strong
leadership, talented workforce, financial
incentives and large base of federal
headquarters.
Leveraging Technology
Transfer Relationships
Current Activities
 Promote information on SBIR, STTR, CRADA
opportunities
 Promote referral resources such as TEDCO,
TCM/MdBIO
Future Initiatives
 Partnership with Federal Laboratories Consortium
 Montgomery County Federal Assets Network
 Web-based information and referral one-stop
Department of Economic Development
For questions regarding technology transfer business
partnering opportunities in Montgomery County,
please contact Fizie Haleem at
240.777.2018
or
[email protected]
111 Rockville Pike | Suite 800 | Rockville, Maryland | 20850
Tel: 240.777.2000 | Fax: 240.777.2001
www.montgomerycountymd.gov/ded
7/16/2015
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