GBC, Daily Record’s 2006 Bioscience Report profiles a ‘percolating’ region

Bioscience industry growth in Baltimore and Maryland is “beginning to percolate, and others elsewhere are noticing,” reports GBC president Donald C. Fry in the Daily Record’s annual TechLink special section that profiles the state of the region’s growing bioscience business sector. Published in the Daily Record’s February 24 edition, the section details the work of more than a dozen biotech companies in the region and the efforts of the GBC … Continue reading

GBC urges lawmakers to bolster tax credits for R&D and for biotech investments

The Greater Baltimore Committee March 1 urged state lawmakers to increase the amount of tax credits available in Maryland for investment in research and development. The GBC also supported legislation that would increase the amount of tax credits individuals and companies could receive for investing in emerging biotechnology companies. “These tax credits are vitally important tools for nurturing growth among technology companies,” said GBC president Donald C. Fry. “They also … Continue reading

GBC Voices Support for Capital Budget Funding of Regenerative Research Center at UMB

Following is the text of a February 21 letter from GBC president Donald C. Fry to Senate Budget and Taxation Committee chairman Ullysses Currie voicing support for including $13.5 million in the FY 2007 capital budget for the proposed Center for Regenerative Research at the University of Maryland, Baltimore: Dear Senator Currie: Please allow this letter to serve as a statement of support for full funding for the proposed Center … Continue reading

Four firms and research center garner GBC’s first Baltimore region Bioscience Awards

Four area biotech CEOs and a research center located at the University of Maryland School of Medicine today were honored by the Greater Baltimore Committee as winners of the region’s first bioscience award competition. Winners of the Greater Baltimore Region Bioscience Awards are: Entrepreneurial Spirit: Dr. Ginette Serrero, CEO, A&G Pharmaceutical, Inc., Columbia, Maryland. Serrero transformed her research on a new biomarker for breast cancer into a company that is … Continue reading

David Gergen to be featured speaker at 2006 GBC Annual Meeting

David Gergen, editor-at-large for U.S. News and World Report, best-selling author and a former advisor to four U.S. presidents, will be a featured speaker at the 2006 GBC Annual Meeting on May 22 at the Renaissance Harborplace Hotel. Gergen is currently a professor of public service at Harvard’s John F. Kennedy School of Government and director of its Center for Public Leadership. Over the last three decades, he has served … Continue reading

Baltimore City offers Minority Business Fair; schedules minority vendor development series

Two major events for minority and women-owned businesses in Baltimore City have been scheduled for April by the Mayor’s Office of Minority Business Development. The 5th annual Mayor’s Minority and Women’s Business Outreach Fair will be held on April 10 at the Baltimore Polytechnic Institute. Later in the month on April 22 the city will begin its 2006 Vender Development Series for minority and women-owned businesses. Supporting the development of … Continue reading

GBC’s Donald Fry urges state lawmakers to revise historic rehab tax credit law

Greater Baltimore Committee president Donald C. Fry Feb. 15 urged state legislators to pass legislation that would increase total annual funding for the state’s historic commercial rehab tax credit and that would not exclude projects in any jurisdiction from access to available credits. Fry testified before the Senate Budget and Taxation Committee in support of SB 223, an administration bill that would increase the tax credit’s available funding to $30 … Continue reading

GBC’s first Bioscience Awards draws 31 nominees

Thirty-one nominees will vie for awards in four categories at the Greater Baltimore Committee’s first Annual Greater Baltimore Region Bioscience Awards, which will be presented on February 21 during 8 a.m. breakfast ceremonies in the GBC Board Room. Supporting the development of the emerging bioscience industry in the Baltimore region is one of the GBC’s top long-term priorities. As part of this effort, the awards program was established to recognize … Continue reading

Greater Baltimore Committee proposes tax credit for businesses locating in research parks

The Greater Baltimore Committee is urging state lawmakers to create a tax credit for businesses that locate at research parks affiliated with one of Maryland’s higher education institutions. Legislation that would create the tax credit, SB 739, has been filed by Senator Nathaniel J. McFadden, D-Baltimore City, and is before the Senate Budget and Taxation Committee. The bill would award a state income tax credit to companies moving into an … Continue reading