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Innovation drives the industry Maryland has 360 bioscience companies, large and small working to cure diseases, feed livestock, clean the environment, diagnose illnesses, expedite medical treatment and drive the agenda for personal medical care. There are no limits to the innovation that drives this industry.
As Maryland’s established and successful bioscience companies flourish, new companies, started by young researchers or entrepreneurs from our universities, federal labs, or many times by executives at larger companies can find support and places to grow in Maryland. A mature incubator system provides administrative and legal support along with mentoring and networking opportunities. Specific funding pools include:
There is a growing need for the type of funding that will encourage and sustain very early stage companies. Maryland’s industry is still young and needs to attract the kind of venture capital that seeks out well established companies.
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