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The 2018 Maryland Incubator Company of the Year Awards publicly recognizes achievements by current clients and graduates of Maryland incubators and provides a forum for the nominees to increase their visibility in the business, technology and investment communities.

Business incubators support new and early-stage businesses in Maryland. In 1986, the first public incubator was established at the University of Maryland in College Park. Recognizing the economic challenges facing new companies, business incubators are facilities that provide reasonable market rents, shared services and technical assistance to start-ups and early-stage companies, including manufacturing, biotech, service and technology firms.

An aerospace company born out of the University of Maryland, College Park has raised $1.45 million in a round led by the University System of Maryland and the Abell Foundation.

Funding has been flowing into biotech over the past few years.

Over one week earlier this year, biotech and healthcare startups raised almost $1 billion in capital. And on Tuesday, a cancer-drug startup called Allogene raised $300 million in its series A round.

Accelerate tech product development with MIPS funding.

The Maryland Industrial Partnerships (MIPS) program provides funding for university research projects that help companies develop new technology products.

CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a biopharmaceutical company dedicated to bringing high quality, cost-effective pharmaceutical products and innovative oncology therapeutics to patients, announces receipt of a letter from the Center for Drug Evaluation (CDE) (group within the China FDA in charge of technical review) indicating that EVOMELA® (melphalan) for injection has been scheduled for review by the Expert Advisory Anti-Tumor (Oncology) Drugs Committee (the “Advisory Committee”), which is scheduled to take place between April 25-26, 2018 (the “Advisory Committee Meeting”).

Deadline to apply is April 17, 2018

The Maryland Tech Council and SoBran are celebrating the transformational science coming out of Maryland and surrounding area by establishing the Innovation for Impact Prize. This is an added annual award at the Industry Awards Celebration. Tell us how your innovative research will impact the world one day and describe your research!

The National Science Foundation’s Directorate for Engineering (ENG) announces a nationwide search to fill the position of Division Director (DD), Industrial Innovation and Partnerships (IIP). The position provides an unparalleled opportunity to lead the Division to support research, innovation, and entrepreneurship at the forefront of advancing knowledge and stimulating translation of new knowledge into solutions that benefit society; to share in the management responsibility of the Directorate for Engineering to advance NSF’s overall strategic goals “to expand knowledge in science, engineering, and learning, to advance the capability of the nation to meet current and future challenges, and to enhance NSF’s performance of its mission.”

Federal health IT contractor CNSI has sold a majority interest in the company to Alvarez & Marsal Capital, a middle-market private equity firm.

Financial terms of the deal weren’t disclosed.

The Kirwan Commission hopes investing in initiatives like full-day preschool and intensified teacher preparation training will help Maryland schools become competitive on an international level.