Frederick County, Maryland, is the prime location for bioscience companies to establish and continue their dynamic success in a global marketplace. In fact, the State of Maryland has the highest concentration of federal research and development facilities in the United States, and is home to one of the fastest growing bioscience clusters in the country. In 2009, Maryland Governor Martin O'Malley unveiled a new vision for the bioscience industry. Under the BIO 2020 Initiative, the state will invest $1.3 billion over the next 10 years - the largest per capita investment in the biosciences made by any state in the country - to attract and grow biotechnology companies in Maryland.
A Scientific Discovery
Already home to more than 80 cutting edge bioscience companies, Frederick County has the 2nd largest cluster of bioscience companies in Maryland. Many new and expanding bioscience companies choose Frederick County as their preferred business location for the following reasons:
Business Friendly Environment
- No business personal property tax
- Competitive tax structure
- Fast Track permitting assistance
- Start-up companies also benefit from a high-tech incubator at Frederick Innovative Technology Center, Inc.
- Home to Fort Detrick, Maryland, the lead medical research laboratory for the U.S. Biological Defense Research Program at USAMRIID
- Located within an hour of two U.S. metropolitan cities, Washington, DC and Baltimore, MD.
- Three major airports are located an hour from from Frederick: Baltimore Washington International, Ronald Regan Washington and Dulles International.
- Locally, Frederick Municipal Airport provides business and corporate air service and is the third most active airport in the state.
Skilled Workforce and Educational System
- 50% of the most cited biomedical scientists in the world are located in Maryland; of those, 40% are affiliated with the National Cancer Institute in Frederick.
- Forbes.com ranked Frederick among the second smartest cities in the U.S.
- The state of Maryland is ranked second among the states in concentration of doctoral scientists and engineers.
- Top quality higher education facilities including Mount St. Mary's University, Hood College, University of Maryland-University College, and Frederick Community College.
- Excellent state and local job training resources
World Class Bioscience Partnerships
- Frederick Innovative Technology Center
- Fort Detrick Business Development Office
- Advanced Technology Partnership Initiative with NCI and SAIC-Frederick
- Frederick Network of the Tech Council of Maryland
- Maryland Technology Development Corporation
- Maryland Department of Business & Economic Development