American City Business Journals
Maryland Tech Council secures federal funding for life sciences companies
The Maryland Tech Council just got millions in federal dollars that it said will further speed up innovation for the state’s life sciences companies, many of which have already seen a burst of pandemic-driven energy. The trade association said Monday it has received $2.45 million from the federal government’s omnibus budget bill for fiscal year 2022. The new capital allows 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, D-Md., chair of the Senate Appropriations Financial Services and General Government subcommittee, in a statement.
