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Presenters. Michael C. Lin, Ph.D., Board of Trustees Montgomery CollegeMr. Stephen Z. Kaufman, Board of Trustees Montgomery CollegeHercules Pinkney, Ed.D., VP and Provost, Germantown Montgomery CollegeMr. David
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1. Montgomery CollegeGermantown, MarylandLife Sciences and Technology Park Partnerships Focused on Workforce and Economic Development
2. 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
3. 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
4. Map of the Region
5. BioCapital Region
6. 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
7. 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
8. USM Partnerships with Montgomery College Montgomery College
9. 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
10. 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
11. 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
12. 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
13. 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”
14. 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
15. 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
16. 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
17. 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
18. Our Vision
19. 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
20. 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
21. 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
22. 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
23. 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
24. 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
25. 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
26. 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
27. 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
28. 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
29. Partner with Business Community Advocacy
Adjunct Teaching
Curriculum Enhancement
Equipment Donations
Guest Lectures/Seminars
Internships
Job Opportunities/Recruitment
Professional Development Training
Scholarships
30. 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
31. 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
32. 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