10 County biotech companies to receive $500,000 in County support

Montgomery County Executive Isiah Leggett today announced that investors in 10 local biotech companies will receive $500,000 in return for investing more than $7 million in local companies that qualified for the County’s local biotech tax credit supplement program. “Again in 2013, our biotech sector will benefit from the County’s local biotech tax credit supplement program,” said Leggett. “It is another indication that our biotech companies are thriving and that Montgomery County supports their ongoing growth and success financially, along with targeted programmatic support.”