Menu

Maryland Tech Council secures $2.45 million in omnibus budget to expand BioHub Maryland

DC Inno reports that the Maryland Tech Council has received $2.45 million from the federal government’s omnibus budget bill for fiscal year 2022. The new capital will allow the organization to expand BioHub Maryland, an effort that “will help further drive our state’s leadership in life sciences and tech, strengthen our workforce, and grow our small business base,” said Sen. Chris Van Hollen, Chair of the Senate Appropriations Financial Services and General Government Subcommittee, who also happens to represent the state. According to the report (subscription required), the federal dollars will help: (1) expand the “BioHub Maryland Pathways Program,” a one-stop portal of sorts for jobs, training and education in the industry; and (2) increase access to international funding, easing technology transfer, supporting workforce development, and increasing access to flexible lab space for life sciences start-ups.

Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to tballard@pyapc.com. Include the name and contact information (phone and email) for follow-up.