News Archive

The Montgomery County Council approved the fiscal year (FY) 2019 operating budget on Thursday, May 24, 2018. Included in the budget is a total of $425,000 for the Small Business Innovation Research (SBIR) Matching Grant Program. The program provides matching fund for businesses that receive federal SBIR and Small Business Technology Transfer (STTR) grants.

Bill 41-17, Economic Development Fund – Small Business Innovation Research and Small Business Technology Transfer Matching Grant Program established a County matching fund for businesses that receive federal SBIR and STTR grants. Councilmember George Leventhal, who serves as chair of the Council’s Health and Human Services Committee and is a member of the Planning, Housing and Economic Development Committee, was the lead sponsor of Bill 41-17. All other Councilmembers were cosponsors.

Scientists struggling to find funding for research may have a new source of money: crowdfunding.

AstraZeneca has officially opened its new research facility in South San Francisco, bundling five of its Bay Area sites into a single unit at the heart of California’s biotech cluster.

We’re pleased to announce that Richard Bendis, President & CEO BioHealth Innovation, Inc., will be a featured speaker at the 2018 Inova Discovery Series: Early Stage Investing in Health Technology!

We have over 300+ registered for our inaugural event. We hope you’ll join us on June 21st at the Inova Center for Personalized Health.

Applications CARB-X welcomes applications from around the world for funding and support for the early development of antibiotics, diagnostics, vaccines, devices and other products to combat the most serious drug-resistant bacteria. Please read the sections below carefully to find out what CARB-X funds and how to apply for funding and support.

While the number of active investors and funded ventures continued to shrink in 2017, an increase in dollars invested and deal sizes shows angel investors are bullish about their prospects, indicates an annual report by the University of New Hampshire’s Center for Venture Research.

The Administration is kicking off a series of public meetings as part of its “Return on Investment” initiative to increase the benefits that American taxpayers receive from funding $150 B annually in government supported R&D.  The National Institute of Standards and Technology (NIST) is heading the project and issued a request for information (Request for Information (RFI)) seeking ideas on how to improve the commercialization of resulting technologies.

The Iowa AgriTech Accelerator has announced the five AgTech startups selected for the program’s class of 2018. The Accelerator, based in Des Moines, Iowa, is a mentor-led program focused on ag technology innovations.

Brian Hahn, Chief Financial Officer of GlycoMimetics, Inc., provided testimony today on behalf of the Biotechnology Innovation Organization (BIO) before the House of Representatives Committee on Financial Services, Subcommittee on Capital Markets, Securities, and Investment. Hahn serves as the Co-Chair of BIO’s Finance & Tax Committee.

Understanding the far- and wide-ranging Maryland technology ‘household’ or ecosystem is essential to success, according to Glenna E. Cush, director of marketing with the state’s Small Business Development Center.