Wednesday, July 9, 2014

5 Benefits of Doing Bioscience Business in Frederick, MD

Dr. J.J. Lin of Imagilin Technology, LLC got his start at Frederick's biotech incubator, FITCI.
Located less than an hour from Washington, D.C. and Baltimore, Frederick is the second largest city in Maryland. It has much to offer growing, expanding businesses in bioscience.

Each year, the City of Frederick's Department of Economic Development (DED) attends the world’s largest biotechnology gathering, the BIO International Convention. Here, they network with high-level executives and influential decision makers who come to BIO to discover new players in the industry, form partnerships, and evaluate emerging technologies. 

At BIO, and at home, DED represents Frederick's role within Maryland's largest bioscience cluster, and lets businesses know why Frederick is ideal for this industry.  There are many reasons these companies are attracted to our area. Below are some of the top reasons the biosciences thrive in Frederick, Maryland. 

5 Reasons the Biosciences Thrive in Frederick, Maryland

Frederick City and County economic
development professionals at BIO 2014. 
1. Location-Frederick is the northern anchor of the I-270 Technology Corridor in Maryland, which is the third largest bioscience cluster in the U.S. It is home to Fort Detrick, the Frederick National Laboratory, 3,400+ businesses, and over 80 bioscience companies. Frederick also offers close proximity to federal regulatory agencies. 

2. Opportunity & Collaboration-Businesses enjoy strong biotechnology transfer opportunities from the federal labs at Fort Detrick and the National Cancer Institute; a local biotech incubator (FITCI); available state-of-the-art labs & offices, and local networking opportunities with partners.  

3. Educated Workforce-Ranked the 2nd Smartest City by Forbes.com, 36% of the workforce holds a bachelor's degree or higher.

4. Transportation-Major highways and mass transit connect Frederick with Washington, D.C., the I-95 corridor, and the Port of Baltimore. 

5. Quality of Life-Historic Downtown Frederick ranked #6 in Livability.com’s “Top 10 Best Downtowns 2014” list. 

Want to learn more? Contact us and we can assist you with more information, site selection assistance, and information about the biosciences in our area.  

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