Exclusive Member Benefit

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Office_Depot_Logo.svg

The Maryland Tech Council works with Office Depot, one of the world’s largest sellers of office supplies to offers member companies aggressive pricing based on $6 million of total annual volume.

Office Depot also offers discounted pricing on Copy Print Depot services which provides professional printing, copying binding and finishing as well as Promotional Products services with over 1,200 promotional items available for customized company branding

Additionally, eligible members can receive significant discounts on computer & technology.

  • FREE, delivery on all orders over $25
  • FREE no obligation cost analysis. Already an Office Depot Customer? No problem? Contact Latrice Green at latrice.green@officedepot.com and tell her you are an MTC member who wants to start saving $ today
  • To view a complete list of MTC Cost Savings Partners, click here
  • For information about the MTC Cost Savings Program or becoming a member, email membership@mdtechcouncil.com or call (240) 243-4046

CostS-OfficeD

Member Spotlight

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MEET the MEMBERS
Attend the Annual MTC Summer Picnic

What’s better than a 2-hour member event that encourages casual summer attire, eating delicious food and playing cornhole?

Join your fellow members for a fun-filled evening where you can relax with your community of technology, life science and business professionals.

Join us August 22nd for the MTC Summer Picnic. Click here for details and to register.

Meet our newest members and catch up with old friends.

Cellular Biomedicine Group
Children’s National Health System
Cipher
Dracen Pharmaceuticals
Edgley Construction Group, Inc.
FocalCXM
IES Life Sciences, Inc.
Inspirion Biosciences
LifeSprout Inc
Newbridge Spine and Pain Center
PerSoN Clinic LLC
Revolve Biotechnologies, Inc.
RoosterBio, Inc.
Sensei Biotherapeutics

Member Spotlight

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This month, we caught up with Dr, Timothy Fawcett, Scientific Director for The BioTechnical Institute of Maryland, Inc. (BTI).

Dr. Fawcett earned his undergraduate degree in Biochemistry from the University of New Hampshire, and his doctorate in Biochemistry from Louisiana State University. Prior to joining BTI in May 2001, he was Training Center Manager of Life Technologies, Inc./ Invitrogen. There he wrote, developed, and taught workshops designed to teach medical doctors, principal investigators, and laboratory technicians in areas such as cell culture, recombinant DNA, and protein expression through a combination of lecture and laboratory exercises. Dr. Fawcett has investigated molecular responses to cellular stress at the National Institute on Aging, and the National Institutes of Health in the Laboratory on Gene Expression and Aging. In addition, he consults in the industry. As Director at BTI, Dr. Fawcett leads BTI’s Workshop Program and assists with curriculum development.

 BTI was founded in 1998 as a non-profit 501 (c)(3) corporation, to fill a need for specialty scientific training of entry-level biotechnicians for employment in Maryland’s rapidly expanding biotechnology industry. The BTI Laboratory Associates Program provides tuition-free training in basic laboratory skills to bright, ambitious, unemployed and under-employed Maryland residents. A combination of classroom instruction, and on-the-job work experience, enables BTI’s successful graduates to realize employment options, while employers benefit from a stream of ready-for-hire, well-qualified lab technicians.

In addition, BTI serves biotech employers by providing fee-based workshops in relevant science topics through BioSciConcepts, BTI’s social venture offering training to industry professionals.  The workshops are designed to teach participants using both lecture and hands-on laboratory instruction. This teaching method enables clients to take what they’ve learned in the classroom and laboratory, and use it in their workplaces. BioSciConcepts is also a source for customized training programs to augment and update the skills of companies’ existing employees.

Read more about workforce development on the MTC POV Blog written by Dr. Fawcett here and to reach him directly, please email tfawcett@biotechmd.org or call, (410) 752-4224 or visit their website at http://www.biotechmd.org.

Featured Highlight

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The Maryland Tech Council Announces 2018 Newly Elected Board of Directors

Gaithersburg, MD — The Maryland Tech Council is pleased to announce the appointment of 10 newly elected members to its Board of Directors for 2018.

“The recently named board members embody the spirit of our life science and technology communities,” said Tami Howie, Chief Executive Officer of the Maryland Tech Council.  “They bring expertise and energy to the table and we are privileged to have them working with us to strengthen Maryland’s thriving industries.”

The new board is unified and aligned with the mission of the Maryland Tech Council to support the members who are driving innovation throughout the region.

Welcome new board members:

  • Jeffrey Galvin, Chief Executive Officer and Founder, American Gene Technologies
  • Frank Johnson, Chief Information Officer and Chief Digital Officer, City of Baltimore
  • Alan Langelli, CPA, Partner, Aronson LLC
  • Timothy Lyden, Director, State Government Affairs, Eli Lilly and Company
  • Steve Matz, Vice President, Gallagher
  • Roya Mohadjer, Business Development & Strategy, Social & Scientific Systems, Inc.
  • Martin Rosendale, Partner, Mid-Atlantic, Newport Board Group LLC
  • Alex Sevilla, Director, Global Investment Banking, BAIRD
  • Adam Welsh, Senior Vice President, Health IT, Dovel Technologies
  • John Zuknick, Director, Economic Development & Workforce Initiatives, The Universities at Shady Grove

About The Maryland Tech Council
The Maryland Tech Council (MTC) is a collaborative community, actively engaged in building stronger technology and life science companies by supporting the efforts of our individual members.  We are the largest technology trade association in the state of Maryland with over 400 members. We support our member companies who are driving innovation through advocacy, education, workforce development, cost savings and connecting entrepreneurial minds. For more information, visit www.mdtechcouncil.com.

Press Contact
Maryland Tech Council
Michelle Ferrone
Executive Vice President, Operations
240-243-4047
michelle@mdtechcouncil.com

 

Mention of the Month

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The Maryland Tech Council is going to Boston for BIO 2018.

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As the representative of the Maryland Life Science Community and BIO’s State Affiliate, MTC secured space and will share it with our members who are contributing to Maryland’s vibrant life science community and working to save lives.

In addition to the annual BD courses, BIO has added two new workshops and is offering additional guided site, lab, and incubator tours around the Boston life sciences community.

Take full advantage of BIO 2018! Partnering and Education kick off on Monday and the BIO Exhibition (join MTC in Booth #621) opens Tuesday morning following the  keynote. For more information about activities happening at the MTC Booth or Boston Convention & Exhibition Center, checkout the Networking page.

Already registered, click here for updates or to register. There’s still time!

#BIO2018

Mentoring Services

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Congratulations VMS Winners!

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Click here to view photos

On May 17, the Maryland Tech Council, along with more than 550 attendees, celebrated the 30th Annual Industry Awards Celebration.

The best examples of success with the Venture Mentor Service Program –  by the way – all of our mentors and mentee companies are fantastic; picking a few for recognition was virtually impossible – but our recognition went to our Volunteer of the Year and Mentee Company of the Year.

Congratulations to all the winners, including:

VMS Mentee Company of the Year, Remedy Plan Therapeutics
Volunteer of the Year, Lisa Beth Ferstenberg
Innovation for Impact Awards – Gemstone Biotherapeutics and Veralox Therapeutics

From inception we’ve gone from zero to 60 experienced and specially trained mentors and as important, we’ve gone from zero to 26 mentee companies all in the program free of charge to them and benefitting from the advice of our special teams. Among the 26 companies we are proud of their successful efforts at raising more than $15,000,000 in capital so far and adding dozens of FTEs to payrolls in Maryland.

A great and growing program – A special thank you to our longtime partner, Montgomery County Economic Development Corporation, represented at the event by Angela Graham.  In addition to funding, the county has provided a talented marketing team under Warren Ellis to us.  They gave us the content for the new web page and a special thank you to Angela Hongmanivanh, for the design and production. 

We are looking forward to doubling next year and to expanded reach around the state – in fact we just welcomed IES Life Sciences, a young molecular diagnostics company who moved to Maryland for the support of our life sciences community and is head-quartered in Cambridge on the Eastern Shore. 

A warm thank you to all VMS Mentees, Mentors, Managing Committee and Sponsors for a great year and to the MTC staff for a great evening and their continued support.

For more information about the program – visit our website at www.marylandmentoring.org or contact Pam Lubel at 240-243-4049.

To view press release, click here.

Advocacy

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Participate and Connect with Maryland Tech Council and Maryland County Leaders

Join us August 15, 2018 in Ocean City for The MACo 2018 Summer conference and Tech Expo Trade Show. Tech Expo is a one-day event, co-hosted by the Maryland Tech Council, featuring technology leaders, tech-focused educational sessions for local government officials, and partnership-building opportunities.

The Maryland Association of Counties (MACo) annual Summer Conference brings together government stakeholders from every level. The 2018 theme is “Water, Water Everywhere” and will focus on all the ways counties work with water. From the health of the Bay and Maryland’s waterways to the infrastructure, treatment, and regulations that ensure safe and healthy water flows through our pipes, county governments are keeping our residents afloat.  Click here for more information and to register. 

CEO Corner

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The Investors are Noticing Maryland

Maryland’s innovation is getting attention from investors.  For the first time since 2001, investors deployed over $400 Million in one quarter into Maryland companies in the first quarter of 2018. This amazing number surpasses the total ANNUAL funding that Maryland saw in 2012, 2014 and 2016. In the region Maryland wins too! The top deal in the region was a $250 Million investment in a Maryland company. The top 4 deals in the region went to Maryland companies accounting for $340 Million or 64% of the regional dollars.   

Why is the investment up in Maryland?  I think in addition to having the most innovative companies in the world, Maryland is focused on providing resources for companies to thrive and grow. Maryland Tech Council is providing resources for our members to thrive and grow through education, connection and advocacy. We just finished protecting legislation and getting new legislation passed that would give credits to investors in the cyber and bio space. In addition, we have been focused on training companies who need investment. We finished our first cohort of FounderTrac on April 3 and will have another cohort in the fall. Finally, we have been helping our members connect. We are partnering with CONNECTpreneur for the ECVC- The East Coast VentureCon on May 23 to showcase our innovative Maryland companies to potential partners and investors and also have one planned for the fall.  

Let us know what you are doing. We want to help our members. Let us know what you are working on and let us know when you complete a big deal or finish a financing round.  Getting this information out to the rest of the world not only helps you but also helps promote Maryland’s Innovative community.  Email any success stories to me at tami@mdtechcouncil.com!

Member Spotlight

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Meet Mark Anthony Cruz from Tower Federal Credit Union


This month we met with Mark Anthony Cruz from Tower Federal Credit Union.

Established in 1953 by seven founding members contributing just $5 each, Tower Federal Credit Union is the largest federal credit union in Maryland with over $3.03 billion in assets and 175,814 members worldwide.

Tower is a co-operative organization that exists for the financial well-being of its member-owners. Unlike banks, there are no stockholders to pay. Profits are returned to members by keeping rates fair, fees few and low, performance high and deposits safe.

Headquartered in Laurel, Md., Tower has branches in Anne Arundel, Baltimore, Howard and Prince George’s counties as well as Fort Meade. For information on Business Development opportunities, please contact Mark directly at mark.cruz@towerfcu.org.

Advocacy

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We Made a Difference! Legislative Wrap-up

We have been hard at work this Legislative Session to help Maryland Businesses Thrive and Grow. We have worked countless hours, attended hundreds of meetings, met weekly with our Legislative Committee and formed a 42 organization Legislative Coalition to protect and promote your businesses. This session we have accomplished:

  • inMD Internship Platform
    Successfully getting allocations to roll out inMD Statewide Internship in the Governor’s proposed budget for 2019.
  • Internships
    Successfully passing HB 527 Higher Education – Maryland Technology Internship Program – to provide Maryland Companies reimbursement for up to lesser of 50% or $3000 per student that does an internship.
  • Cyber
    Successfully passing SB228 Cyber Security Incentive Tax Credits, giving tax credits to investors in Cyber Security Companies each year and tax credits to purchasers of cyber solutions in tax credits each year through 2022.
  • Biotechnology
    We successfully defeated pricing legislation and reporting legislation that would significantly harm the biotech industry.
  • BIO Investor Tax Credit
    We defeated legislation that would put this program at risk.
  • R&D Tax Credits
    We defeated legislation that would significantly reduce the amount of credit that goes to many of our companies in R&D in the state.
  • Director Liability
    We defeated legislation that would have prevented Maryland companies from attracting directors to their boards.
  • Metro Funded
    We assisted in getting the Metro funding bill passed to help with transportation to get employees to and from work.

Next Session
We are already working on next session. We plan to put the following at the top of the list:

  • 5G
    We must have legislation that makes 5G available to all of our Bio and Tech Companies in the state ASAP.
  • R&D Tax Credit
    We must raise the amount of tax credit give to our innovative companies. Right now, companies only get 11% of what they apply for because of a cap much lower than any other innovative state in the country.
  • Bio Investor Tax Credit
    This must be increased it as it is fully subscribed within 75 seconds of the application process opening.
  • General Investor Tax for Innovative Companies
    We have successfully obtained a credit for bio and cyber. Now we need to help all of the other innovative industries get investment in the state.
  • Lower Corporate Tax Rate
    We must advocate to become competitive with other innovative states on our corporate tax rate.
  • RISE Zone
    We need to incentivize innovative companies to house companies in RISE Zone.

If you are interested in joining our legislative committee or legislative coalition, please contact me at Tami@mdtechcouncil.com.