Tuesday, May 14, 2019

Montgomery County EDC sets aside $250K to help small biotechs build out lab space

Montgomery County has set aside $250,000 to help small biotechs secure and build out wet lab space, the county’s economic development corporation announced Tuesday. Under the yearlong Bio Lab Pilot project, growth-stage biotechs that agree to be headquartered in Montgomery County for three years, and to lease no more than 5,000 square feet of wet lab space, will be provided $10 per square foot for lab fit-out, up to $30,000 per company. The grants are “designed to help fill the funding gap”…



from https://www.bizjournals.com/baltimore/news/2019/05/14/montgomery-county-edc-sets-aside-250k-to-help.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184875580232

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