The Maryland Biotechnology Development Center is accepting applications at their website for grant awards of up to $200,000 through Feb. 15th. These awards are available in two categories, biotechnology commercialization and translational research.
Biotechnology commercialization is focused on supporting projects that are in late-stage development and are poised to enter the market and begin generating revenue within three years. The translational research category is designed to help start ups that are bridging the gap between research institutions and private companies in Maryland, with the goal of taking promising research down a commercial path.
This is the third year for these awards, which have provided nearly $3.1 million in funding to 13 life sciences companies and three university research projects in Maryland.
Writer: Amy McNeal
Source: Maryland Biotechnology Development Center