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Prince Georgians Care
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Nearly 2,000 jobs could come from Prince George's incubator, study says

Seeded on Tue Nov 17, 2009 4:45 PM EST
Read ArticleArticle Source: gazette.net
business, economy, jobs, taxes, maryland, prince-georges, dcmetro
Seeded by PGCares
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Move over Montgomery County and look out Baltimore, Prince George's County has plans to boost its own bioscience industry.

The Prince George's County Planning Department of the Maryland-National Capital Park and Planning Commission has released its study on the viability of building a biotech incubator within the county, determining that such a facility could generate as many as 1,900 jobs and $4.4 million in annual tax revenues.

The Prince George's County Biotechnology Research and Development Center Study, two years in the making, was prepared by the Angle Technology Group of Charlottesville, Va. It recommends a multi-tenant flagship facility to offer wet lab space for young bioscience companies, accelerate business growth, workforce training programs for biotechs and research space for related university and federal lab programs to help users attract federal research funds. This would establish an identifiable focal point for the county's bioscience development, the study said.

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