University of Maryland Biopark named outstanding research park at AURP’S 2017 international conference

The Association of University Research Parks (AURP) announced October 12, 2017 the recipients of the Awards of Excellence recognized during its 2017 International Conference hosted by Cummings Research Park in Huntsville, AL. Additionally, AURP announced the results of the election for its 2018 Board of Directors.

Categories for the 2017 Awards of Excellence include the coveted Outstanding Research Park Award, Emerging Research Park Award, Career Achievement Award, Leadership Award, Developing Communities of Innovation Award and Innovation Award.

The University of Maryland BioPark, located in Baltimore, MD, was named the Outstanding Research Park in recognition of its ability to excel in the promotion of growth in technological commercialization and collaboration. The University of Maryland BioPark has created a robust community of innovation while being an integral participant in the University of Maryland, Baltimore (UMB), and in the surrounding community.

Over the past 12 years, UMB and its Research Park Corporation (RPC) have worked with developer Wexford Science & Technology to assemble a 12-acre area of land from over 20 property owners and built two commercial lab buildings for clinical research. The BioPark has generated over $400 million in capital investment, helped to renovate historical buildings and achieved an occupancy rate of 98 percent. This growth spawned a rejuvenation of the surrounding area in West Baltimore, which now fosters a thriving community with the planned development of additional retail storefronts, housing, hotel and daycare facilities.

“Honoring the UM BioPark spotlights the great strengths of Baltimore and of these magical places called university research parks,” said Jane Schaab, Senior Vice President, RPC Assistant Vice President for Economic Development University of Maryland, Baltimore. “The University of Maryland Baltimore is one of the world’s leading academic medical centers in an ever-expanding cluster of life sciences companies. Thank you AURP, we will work hard to always stand out as one of the best!”

Here is the complete list of Award of Excellence Recipients:

  • Outstanding Research Park – University of Maryland BioPark: Over the past 12 years, the University of Maryland BioPark has created a robust community of innovation while being an integral participant in the rejuvenation of West Baltimore. The park has generated over $400 million in capital investment.
  • Emerging Research Park Award – The Nebraska Innovation Campus (NIC): NIC began construction on its campus in 2012 and currently holds over 380,000 square feet of office, laboratory, greenhouse, maker space and commercial space, attracting more than $148 million in private and public investments.
  • Career Achievement Award – Brian Darmody, Associate Vice President of Corporate and Foundation Relations, University of Maryland: Having served for 20 years in leadership positions at local, state, national and international levels in the innovation and research communities, Mr. Darmody has continually been a proponent of the development of science and research parks, the promotion of communities of innovation, and the advancement of the public policies that support them.
  • Leadership Award – David Johnston: As Canada’s 28th Governor General, His Excellency David Johnston has a passion for and mission to create meaningful opportunities for the collaboration of industry, academia, and government for the betterment of the world.
  • Developing Communities of Innovation Award – Cummings Research Park: With a long history of innovation and research, CRP has become known for both its economic and cultural impacts on the local and regional communities through the integration of mixed-use spaces with research and other work environments.
  • Innovation Award ­– Paratus Diagnostics: Paratus Diagnostics partnered with its research park in an impactful way to develop a novel point-of-care product using targeted assays through other available technologies to provide rapid disease detection. This allowed it to close its Series A funding round successfully.​

Source: University of Maryland Bio Park and Association of University Research Parks

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