BioPark News

Business Support Organizations

Park Advantages and Amenities

UMB BioPark’s strategic location and collaborative research environment ideally position its tenants for growth.

University Talent

Situated adjacent to the vibrant academic setting of the University of Maryland, Baltimore campus, the BioPark offers access to the University's 1,500 outstanding faculty researchers and biomedical facilities and services.

BioPark Amenities

Operational advantages go beyond the physical amenities of the BioPark and the UMB campus. BioPark staff work directly with BioPark companies to make connections and introductions on campus and in the community with venture capitalists, government officials, business leaders, and others.  Other amenities include:

• 24-hour security
• Adjunct faculty appointments
• Broadband fiber backbone
• Health and Human Services Library
• Intellectual property and business law center
• On-site biotech law practice
• On-site parking
• On-site meeting facilities and catering services
• Office and laboratory cleaning services
• Gym access
• On-site banking
  

Regional Bioscience Strengths

There are more than 40 life science research-intensive federal institutions within an hour’s drive of the Park incuding the:

• National Institutes of Health
• U.S. Food and Drug Administration
• National Institutes of Standards and Technology
• Walter Reed Army Medical Research Center

And major academic research institutions, including:

• Johns Hopkins University and Medical System
• Research Institutions of the University of Maryland
           University of Maryland, Baltimore
           University of Maryland Baltimore County
           University of Maryland Biotechnology Institute
           University of Maryland College Park

A dynamic private sector of more than 350 bioscience companies.  Among them:

• MedImmune
• Martek
• Human Genome Sciences
• Digene
• BD Diagnostics
  

An exceptional workforce of 34,000 private sector bioscience employees, and a comparable number in university and federal research institutions

• Ranked first among states (24%) in percentage of professional and technical workers
• Ranked second in concentration of doctoral scientists and engineers including first in health sciences and second in biosciences
  

Central, mid-Atlantic location

• Easily accessible by air, car and train
• Lower cost than of living than other major east-coast metropolitan areas

Tax Incentives

Located in both a State-designated Enterprise Zone and a Federally-designated Empowerment Zone, locating in the BioPark may qualify tenants for tax credits and low interest loans.