Simon&Co. helped Maryland Tech Council, the largest technology and life sciences trade association in Maryland, secure $2.45 million in federal funding to accelerate innovation in Maryland. The community project funding was included in the fiscal year 2022 omnibus appropriations bill and made possible by the leadership of Senator Chris Van Hollen (MD), chair of the Senate Appropriations Financial Services and General Government subcommittee.
Funding will be used to expand BioHub Maryland, a first of its kind initiative in Maryland to strengthen life sciences workforce development, increase small businesses access to international capital, support technology transfer and increase startups’ access to flexible laboratory space.