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Published on August 23, 2007

Author: Nickel

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Montgomery CollegeGermantown, MarylandLife Sciences and Technology Park:  Montgomery College Germantown, Maryland Life Sciences and Technology Park Partnerships Focused on Workforce and Economic Development ACCT Annual Conference Denver, Colorado September 19, 2003 Presenters:  Presenters Michael C. Lin, Ph.D., Board of Trustees Montgomery College Mr. Stephen Z. Kaufman, Board of Trustees Montgomery College Hercules Pinkney, Ed.D., VP and Provost, Germantown Montgomery College Mr. David Edgerley, Director Montgomery County Department of Economic Development Stewart L. Edelstein, Ph.D., Executive Director The Universities at Shady Grove Montgomery College:  Montgomery College Oldest community college in Maryland 50+ years old Nearly 22,000 credit students enrolled Students come from more than 160 countries 28,000 noncredit students enrolled Three campuses Two major Workforce Development and Continuing Education Centers Map of the Region:  Map of the Region BioCapital Region:  BioCapital Region Montgomery College - Germantown:  Montgomery College - Germantown 227 acres Nearly 5,000 students 240 full- and part-time employees Multiple career and transfer programs Biotechnology and Information Technology education and training Germantown Development Project The University System of Maryland (USM):  The University System of Maryland (USM) Nations 12th largest university system 11 degree granting institutions Enrollment of 130,000 students 600 degree programs 2 System-wide research institutes USM Partnerships with Montgomery College:  USM Partnerships with Montgomery College Montgomery College Universities at Shady Grove USM Shady Grove Center University of Maryland College Park University of Maryland Baltimore Towson University University of Maryland University College Bowie State University University of Maryland Eastern Shore University of Maryland Baltimore County University of Baltimore University of Maryland Biotechnology Institute/ Center for Advanced Research in Biotechnology Located in the heart of Montgomery County Full-time day-time baccalaureate program Evening baccalaureate and graduate degree and certificates 15 baccalaureate degrees offered by the partner institutions 9 Graduate degrees and certificates Montgomery College Collaborations with University of Maryland College Park:  Montgomery College Collaborations with University of Maryland College Park Flagship campus of the University System of Maryland Ranked in top twenty public universities in the country Lead campus for the Universities at Shady Grove Smith School of Business - Dingman Center for Entrepreneurship Clark School of Engineering - Maryland Technology Institute Baccalaureate Degree in Biological Sciences Baccalaureate Degree in Biotechnology State of Maryland:  State of Maryland National center for genomics, proteomics, computer science, aerospace engineering, bioinformatics, and physical science Ranks first among states in the percentage of professional and technical workers (25.1%) in the workforce Federal government employs over 7,000 PhD scientists in Maryland Montgomery County, Maryland:  Montgomery County, Maryland Third largest cluster of biotech companies in the United States Home to over 200 biotech companies and 2000 IT companies Over 40,000 biotech workers employed in County Home to one of the most educated workforces in America Over 55 percent of adults have bachelor degrees or higher Almost 30 percent have earned Masters or Doctorates Home to 19 federal laboratories and regulatory agencies Including National Institutes of Health, Food and Drug Administration, and National Institutes of Standards and Technology Mission of Economic Development:  Mission of Economic Development Create, attract, and retain high quality jobs Increase the County’s tax base Market the County and State nationally and internationally Create and design vision plans to keep the County ahead of the curve on economic trends Success Story: Shady Grove Life Sciences Center:  Success Story: Shady Grove Life Sciences Center County purchased 300 acres Nation’s first business park to be zoned exclusively for biotechnology and life sciences Capitalized on growing trend of NIH scientists leaving to start their own companies 20 years later completely sold out and home to some of the world’s leading biotechnology companies Launched the I-270 Corridor as 'DNA Alley' Lessons Learned:  Lessons Learned Value of Public/Private Partnerships Identify and solve 'Marketplace Gaps' Physical Infrastructure: land, roads, power plants, etc. Programmatic: MTDC lab space, IP Center Financial: Fed/State/Local loans, grants guarantees Vital Role of Educational Institutions Community Effect Legitimacy factor Research activities Critical training resource Need for SGLSC II, III, IV College Partnership with State and County:  College Partnership with State and County Contributed money towards acquisition of 20 acres Economic development Workforce development Infrastructure Public policy commitment to biotech research Management participation County Drivers for Germantown Project:  County Drivers for Germantown Project County-wide survey of new sites Synergistic development by private, educational, and government leaders Top Site: Montgomery College – Germantown Specialized commercial space for technology companies Business incubator State-of-the-art facility Turnkey office and lab space Shared amenities; lower operating costs Business resources and support services College Drivers for Project:  College Drivers for Project Become more entrepreneurial Develop world-class technology/biotechnology life science program Conservative state formula already indicated need for more than 100,000 square feet of additional space at campus by 2010 Ability to retrofit existing space to accommodate growth in other programs while providing 127,000 square feet educational facility for biotech program Our Vision:  Our Vision To develop a continuum of bioscience and technology education and training from middle school to postdoctoral levels in an integrated academic, business, and research environment. Germantown Development Project:  Germantown Development Project Life Science and Technology Park - 40 acres - One million square feet Bioscience Education Center 127,000 square feet Adjacent to Life Science and Technology Park Will house Education and Training Continuum Life Science and Technology Park:  Life Science and Technology Park Space allocated for companies at all stages of development Includes five acre incubator Companies included from multiple industries Biotechnology, bioinformatics, IT, and digital services Space allocated for allied businesses Venture capitalists, attorneys, accountants, and others Management Structure for Business Park:  Management Structure for Business Park Entrepreneurial 501(c)(3) non-profit organization Board of Directors 4-7 people Representatives from College, County, Business Community Executive Director/Staff Advisory Group Partner with Real Estate Developer Education and Training Continuum:  Education and Training Continuum Middle school teacher education High School Biotechnology Academies Certificate and Associate degree programs Industry certification Baccalaureate degree program Pre-graduate preparation studies Post-doctoral education and training Professional development and continuing education Key Benefits Include…:  Key Benefits Include… Recognition as national leader in provision of bioscience and technology opportunities Enhancement of economic development and tax base Over 4,000 new jobs created $1.9 million annual estimated tax return to County Creation of an increased supply of technology and bioscience company space and wet labs Support for National research lab spin-offs and start-ups Recognize and support needs of second stage firms Key Benefits Include…:  Key Benefits Include… Location on I-270 corridor Interaction and sharing of knowledge between business park tenants, scientists, students, and faculty Preparation and retraining of workforce Internships and employment in the industry Industry opportunities for teaching, curriculum development, and laboratory support Project Supported By::  Project Supported By: Government Montgomery County and State of Maryland Community Organizations Committee for Montgomery, Gaithersburg Germantown Chamber of Commerce, Germantown Alliance, Montgomery County Chamber of Commerce, and Upcounty Citizens Advisory Board Industry Support Organizations MdBio and Tech Council of Maryland Biotechnology Companies BioReliance, Celera, EntreMed, GenVec, Human Genome Sciences, MedImmune, and RRD International Venture Capitalists and Law Firms Emerging Technology Partners, NEA, Nixon Peabody, and Toucan Capital Strategies you can try at home to …:  Strategies you can try at home to … Develop similar proposals for your institution and its partners Turn business support for your institution into successful public advocacy Marshal resources of education partners to provide an education and training continuum - middle school to postdoctoral levels – in support of economic development Think Beyond Associates Degree and Certificate Programs :  Think Beyond Associates Degree and Certificate Programs Build a pipeline Provide an education and training continuum that spans middle school through postdoctoral levels Partner with public schools to encourage student interest Partner with 4-year public and private institutions Develop the workforce to support economic development Develop Strategic Partnerships :  Develop Strategic Partnerships College President and Board of Trustees and Foundation Board Government Community Organizations Industry Support Organizations Business Community Venture Capitalists Media Academics Universities Public Schools Partner with Business Community:  Partner with Business Community Advocacy Adjunct Teaching Curriculum Enhancement Equipment Donations Guest Lectures/Seminars Internships Job Opportunities/Recruitment Professional Development Training Scholarships Keys to Success:  Keys to Success Recognize core strengths We are an academic institution – not a real estate developer Don’t try to be an expert in everything – involve others Tap expertise on Board of Trustees and Foundation Board Encourage volunteers Involve community Remain flexible Be open to other ways of achieving your end results Keys to Success:  Keys to Success Form partnerships early and continue to nurture Business partners can be your strongest advocates Stick to deadlines Be persistent Communicate progress internally and externally Montgomery College – Germantown Life Science and Technology Park:  Montgomery College – Germantown Life Science and Technology Park For Further Information Contact: Dr. Hercules Pinkney Vice President /Provost Germantown Montgomery College 301-353-7711 hercules.pinkney@montgomerycollege.edu or Mr. David Edgerley Director Montgomery County Department of Economic Development 240-777-2000 david.edgerley@montgomerycountymd.gov

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