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Producing a $49 Billion GDP Ranking it 54 th as a country

A thriving international community of nearly one million highly educated people. The Innovation hub of the Washington, DC, region. Producing a $49 Billion GDP Ranking it 54 th as a country. One of the top educational systems in the country. 2. Montgomery County Facts.

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Producing a $49 Billion GDP Ranking it 54 th as a country

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  1. A thriving international community of nearly one million highly educated people The Innovation hub of the Washington, DC, region Producing a $49 Billion GDP Ranking it 54th as a country One of the top educational systems in the country 2

  2. Montgomery County Facts • Part of 12th largest U.S. Metropolitan Region—5.4 million and growing • Largest employment center in Maryland; 2nd in DC metro area • 135 million square feet of commercial space • Two major technology corridors: I-270 & Rte 29 near I-95 • Unique federal infrastructure of 19 research and technology agencies, including: NIH, FDA, NIST, Walter Reed Army Institute of Research and Naval Medical Research Institute 3

  3. Rich Quality of Life Commitment to the arts: • Strathmore Concert Hall • American Film Institute • Black Rock Center for the Arts • Round House Theater • Olney Theatre Center • Glen Echo Park 4

  4. Rich Quality of Life • A 32,200-acre, award winning park system, replete with lakes, campgrounds, golf courses and equestrian centers • One third of county reserved as green space for farming, biking, horseback riding and other activities • A full range of sports activities—soccer, golf, sailing, hiking, horseback riding, bicycling, skiing, kayaking and more • A wealth of cultural amenities, arts and cuisines from around the world readily available • Foreign language newspapers and other publications for local ethnic communities. 5

  5. A Culturally Rich Population • 148 languages spoken • 122,000 Asian American residents • 133,000 Hispanic American residents • 152,000 African American residents 273,000 of Montgomery County’s 946,000 residents are immigrants.

  6. Technology Office Parks

  7. Workforce • Montgomery County has a workforce second to none; • We are educated • 29% have graduate / professional degrees • 57% of those over 25 have bachelor's degrees • Bethesda tops the list of Forbes.com’s “America’s Most Educated Small Towns” • We are technologically advanced Of our 377,000 private sector jobs: • 8,000 work in telecom • 12,000 work in biotech • 29,000 work in IT • More than 71,000 work in other high tech jobs • In addition, we have 69,000 high-wage federal jobs, most of which are in the scientific and medical fields 8

  8. Montgomery County Public Schools • Nationally recognized public education system • 90% of students complete high school • 130 elementary, 38 middle, 25 high schools • Average SAT scores 105 points above the national average • AP participation: 60% • National Merit Scholars: 61 • National Blue Ribbon Schools: 33 • Enrollment: 139,000 (largest in Maryland) Plus approximately 140 independent schools 9

  9. Montgomery County Public Schools Among the 50 largest school districts in the nation, Montgomery County Public Schools tied for first place in graduation rates. —WTTG TV News, June 2009 Newsweek has released its annual list of “America’s Top High Schools,” and MCPS has four schools in the top 100. —Newsweek Magazine, June 2009 The 400-student Science, Mathematics and Computer Science Magnet at Montgomery Blair High School in Silver Spring is one of the nation's top math-science programs… —Washington Post, March 2009 10

  10. High Concentration of Educational Institutions Within 50 Miles • including... • Johns Hopkins University • Universities at Shady Grove (University of Maryland System) • University System of Maryland, College Park • Montgomery College • George Washington University • George Mason University • American University • Georgetown University • Howard University • Columbia Union College • Catholic University • Uniformed Services University • Trinity College • Gallaudet University • United States Naval Academy

  11. Global Companies Thriving in Montgomery County • Marriott Corporation • Lockheed Martin • Hughes Network Systems • Discovery Communications • Astra Zeneca/MedImmune • Human Genome Sciences • Choice Hotels • Coventry Healthcare • Westat • IBM • Sodexo

  12. 19 Federal Research Facilitiesin Montgomery County Including: • National Institutes of Health • Food and Drug Administration • National Institute of Standards and Technology • Department of Energy • National Oceanic and Atmospheric Administration • Walter Reed Army Medical Center • Nuclear Regulatory Commission • Consumer Product Safety Commission • Public Health Services • David Taylor Research Center • Concentration of Federal agencies gives business: • A rich research community where ideas are exchanged and honed • Unparalleled informational and technological resources • Access to policy and regulatory officials 13

  13. Life Sciences in Montgomery County In the 1980s and the 1990s, Montgomery County government made strategic investments to attract and grow a life sciences cluster. • Established the highly successful Shady Grove Life Sciences Center, the first office park dedicated to life sciences, 30 years ago • Home of the Human Genome Project and more than 230 other biotech companies • Home to the most Nobel Laureates per capita • Home to more than 12,000 private sector biotechnology workers • Home to the region’s most successful incubator, the Shady Grove Innovation Center, along with four others: the Rockville Innovation Center, the Silver Spring Innovation Center, the Germantown Innovation Center, and the Wheaton Business Innovation Center

  14. Life Sciences in Montgomery County In the 1980s and the 1990s, Montgomery County government made strategic investments to attract and grow a life sciences cluster. • Future home to three additional life-sciences parks—at White Oak, adjacent to the FDA; on the Germantown Campus of Montgomery College; and at the Belward Campus of JHU • Recently formed the Biosciences Task Force, led by David Mott (former CEO of MedImmune), to shape the County’s vision for the next 20-30 years • Recently selected as the home to the new Maryland Biotechnology Center • Recently selected as the home to the new Maryland Clean Energy Center

  15. Resources for Life Sciences Companies • Montgomery County Biotech Tax Credit • Montgomery County investing in biotech companies • Montgomery County innovation network • Montgomery County workforce initiatives • Montgomery County participates in BIO 2011

  16. Montgomery County Contacts • Steve Silverman • Director • 240-777-2005 • Steve.Silverman@MontgomeryCountyMd.Gov/ded • Janis Pitts • Director, Life Sciences Strategy • 240-777-2016 • Janis.Pitts@MontgomeryCountyMd.Gov/ded

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