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The Intersection of Business and the Arts

“The future belongs to a very different kind of person with a very different kind of mind – creators and empathizers, pattern recognizers, and meaning makers.” - Daniel H. Pink, A Whole New Mind (2007)

Baltimore artist and banker Terry Thompson is one of those people who embodies the intersection of the arts and business, bringing creativity and discipline to both endeavors. Thompson is not only successful in the corporate world, but he is also a recognized visual artist with his own vocabulary of motifs, as well as an experienced event planner and DJ.  According to Thompson:

“I believe that my art practice helps me in the business world in so many ways, especially in thinking outside the box when it comes to approaching new ideas in the finance industry. There are a multitude of rules and regulations that govern the way the finance world operates, so it is helpful to be able to take a fresh, creative look at things – leveraging the way that I approach thinking about painting – being spontaneous, explorative, and investigative vistas. “

The key to developing innovative and creative thinking that can be brought into the business or innovation environment lies in experiencing the arts.   Learning to write, play music, paint, or dance all requires developing the skill to see the big picture of the overall piece as well as focus on the details in execution.  Spending time in the act of an arts discipline increases the ability to internalize and recognize patterns, nuances, and express unique ideas.  These skills lead to success when applied in other endeavors. 

According to Americans for the Arts in their Arts and Economic Prosperity 6 report, 86% of Americans “say art and culture is ‘important to their community’s quality of life and livability.’”  The report presents compelling data about the arts as a business sector, as well as the impact and importance of the arts to other business sectors (79% of Americans agree that the arts are good for local businesses and jobs).   Overall, nonprofit arts and cultural organizations in the United States spent over $73.3 billion in 2022, created 2.6 million jobs, and leveraged $78.4 billion in spending by audiences.  They also brought in $29.1 billion in tax revenue at federal, state and local levels.  

“Right here in Montgomery County, nonprofit arts and culture is a $184 million industry that supports 3,963 jobs – $125 million in spending by organizations, which leverages an additional $59 million in spending arts audiences on items such as dining, parking, retail”, according to Randy Cohen, the VP Of Research for Americans for the Arts.  “The 2.6 million attendees at Montgomery County’s nonprofit arts and culture events spend an average of $23.06 per person, per event, beyond the cost of admission on items such as meals, parking and lodging – vital income for local businesses.” 

But more important is how the arts propel individuals and other businesses to success.  In 2012 The National Governor’s Association identified five key roles of art in economic development.

  • Providing faster and more dynamic industry cluster growth
  • Helping mature industries be more competitive
  • Acting as key catalysts for creation of innovative placemaking
  • Helping revitalize communities, and
  • Creating a workforce better prepared to solve problems.

A majority of Americans surveyed by Americans for the Arts assert that arts and culture are important to community identity and pride, and that engaging in the arts creates empathy and understanding of people with different backgrounds, ages, ethnicities, and beliefs. 

The challenge of how we create strong community and better economy is ever changing, especially as we redefine and refine our goals, but art and culture remains the center of the opportunity to understand each other, create empathy, and find creative innovative ways of thinking. 

Thompson’s works are on display at the Rockville Economic Development, Inc. (REDI) office (51 Monroe Street, PE20, Rockville, MD) from May 20 – July 26, 2024, where entrepreneurs,  businesses and community members can engage with Thompson’s work on Wednesdays between 2-5pm and Fridays between 1-3pm (excluding holidays). 

Artist Talk on Tuesday, May 21 at 5:30pm. Visit https://terrythompson-artisttalk.eventbrite.com for more information and RSVP.

About REDI

Rockville Economic Development, Inc. (REDI) is a public-private partnership that helps businesses launch, locate, and expand in the City of Rockville, Maryland. REDI is committed to economic growth in Rockville, offering support to existing industries and helping new businesses get started in the city. To learn more, visit: https://rockvilleredi.org/

Rockville Economic Development, Inc. (REDI) presents strategies for small-scale manufacturing with Rock East District Boost report

Rock East District - Experiences Made Here

Rock East District is a collaborative initiative that showcases businesses, services, and recreational offerings along East Gude Drive in Rockville.

Rockville, Md., Apr. 4, 2024 – Rockville Economic Development, Inc. (REDI), is pleased to announce the launch event for the Rock East District Boost report, scheduled for Thursday, April 18 at the Rev Room at 660 Lofstrand Lane in Rock East District. This event marks a significant milestone in REDI’s ongoing efforts to promote economic growth and community vibrancy through placemaking.

Since its inception in 2021, Rock East District has been a collaborative initiative that showcases businesses, services, and recreational offerings along East Gude Drive in Rockville. As Rockville’s pilot placemaking project, it has highlighted the community’s unique assets and potential.

The Rock East District Boost report is the result of meetings, interviews and focus groups with Rock East District businesses, City and County stakeholders, and community organizations, including the Montgomery County Black Collective, the Hispanic Chamber of Commerce – Montgomery County, and the Asian American Chamber of Commerce. Supported by a place-based grant awarded by Montgomery County in 2023, the report outlines actionable recommendations to harness the area’s potential, including bolstering Rock East District as a small-scale manufacturing hub.

The launch event will present key findings and recommendations to drive economic development in Rock East District. Attendees will learn more about the initiative, discover resources and key contacts, and provide feedback to guide the development of Rock East District.

REDI invites Rock East District businesses, community business groups, and media to attend the launch event and encourage them to RSVP by visiting bit.ly/RockEastDistrict by Monday, April 15th.

For more information about Rock East District and REDI’s economic development work in Rockville, visit www.rockvilleredi.org.

About REDI

Rockville Economic Development, Inc. (REDI) is a public-private partnership that helps businesses launch, locate, and expand in the City of Rockville, Maryland. Committed to economic development, REDI is proactive in its efforts to support existing industry and attract new businesses with the tools to get started in Rockville, and resources and guidance to existing businesses in the city. To learn more, visit: https://rockvilleredi.org/

 

Danette Nguyen chosen for the Leadership Maryland Emerging Leader Program inaugural class

Maryland Women’s Business Center Managing Director one of 40 selected to participate in Leadership Maryland’s new six-month professional development program

Easton, Md., Apr. 2, 2024 – Leadership Maryland announced today that Danette Nguyen, Managing Director of Maryland Women’s Business Center  has been chosen to participate in their statewide professional development program as a member of the new Emerging Leader Program’s Class of 2024.

Nguyen is one of 40 individuals chosen for the Leadership Maryland Emerging Leader Program’s first class, who will complete the six-month, hands-on learning program focused on leadership development. The program will run from June to November, consisting of monthly day-long sessions that will include both interactive training led by a facilitator and panel discussions featuring leaders from across the state as guest speakers. The program’s curriculum offers a holistic approach to leadership development, designed to help each applicant increase their self-awareness and gain behaviors, skills, and tools to become more adaptive, inclusive, strategic, and impactful leaders.

“We are excited to announce the very first Emerging Leader class and welcome these motivated and forward-thinking individuals to our new program,” said David Fike ’16 (LM) president and CEO, Leadership Maryland. “This year’s class selection process was highly competitive, and after careful review of the applications, I am thrilled to share that the 40 members of the Class of 2024 represent a dynamic cross-section of ambitious and promising rising leaders. The knowledge, experience, and connections they will gain in our program will prepare them to become more adaptive and impactful leaders in their careers and communities.”

Leadership Maryland’s Emerging Leader Program is open to individuals who are advancing in their careers, are actively involved in their communities, and desire to become stronger leaders in both areas. Ideal Leadership Maryland members have a desire to learn more about Maryland’s most critical issues and a personal commitment to be a force for positive change in their organizations, their communities, and their state. For more information about Leadership Maryland, please visit leadershipmd.org, call 410-841-2101 or email info@leadershipmd.org.

About Maryland Women’s Business Center

 Maryland Women’s Business Center (MWBC) works with women entrepreneurs and small businesses across Maryland’s Capital Region to help them to start, sustain, and grow their businesses. Through workshops, individual counseling, facilitated peer group support, special resources, and access to capital, MWBC annually helps more than 1,500 women gain the skills, connections, and confidence necessary to navigate entrepreneurship. Learn more at https://marylandwbc.org/

 

About Leadership Maryland

Leadership Maryland is a statewide nonprofit offering professional development programs dedicated to building a better Maryland by harnessing the strength of its business and community leaders. Established in 1992, Leadership Maryland’s Executive Program selects as many as 52 diverse and accomplished senior-level leaders from Maryland’s public and private sectors each year to come together as a class for an eight-month learning program focused on the state’s most vital social, economic and environmental issues. And new in 2024, Leadership Maryland’s Emerging Leader Program brings together a class of the state’s rising stars and gives them the skills and tools they need to advance in their careers. With an alumni network comprised of leaders from all industries and regions of the state, Leadership Maryland has established thousands of Marylanders on their career leadership path, equipped with the knowledge, skills, and connections needed to influence positive change. To learn more, visit leadershipmd.org.  

 

Maryland Women’s Business Center featured in El Tiempo Latino newspaper

El Tiempo Latino is the largest Spanish-speaking newspaper in the DMV

El Tiempo Latino, the largest Spanish-language newspaper in the Washington D.C. metro area, has highlighted the Maryland Women’s Business Center’s (MWBC) mission, impact and commitment to empowering women-owned businesses in a February 2024 article. 

Martha Jimenez, MWBC Program Manager for Montgomery County and Francisco Cartagena, MWBC Program Manager for Prince George’s County, spoke with El Tiempo Latino about the organization’s goal to foster entrepreneurship and business growth among business owners from underserved communities, including Latino business owners.  

MWBC's digital article as seen on El Tiempo Latino website (accessed March 4, 2024)

El Tiempo Latino notes: Aunque la organización se centra en las mujeres, por las barreras que existen y la desigualdad de oportunidades, está abierto a la comunidad en general y los latinos son clave/ Even though the organization’s focus is on women because of existing barriers and inequality of opportunities, [MWBC] is open to everyone, and Latinos are a key part.”  

Read the full article MWBC feature in El Tiempo Latino: Maryland Women’s Business Center. Eliminando barreras (eltiempolatino.com)  

 

Governor Moore Announces $10 Million for Small Business Grants to Strengthen Local Economies Across Maryland

"Together, we will continue to make Maryland more competitive by moving in concert with entrepreneurs and small businesses – not in conflict with them.”

Annapolis, MD, Feb. 21, 2024 – Governor Wes Moore today announced $10 million for small business and community development grants through the Maryland Department of Housing and Community Development’s Project Restore 2.0 and Business Boost grant programs. The funding will activate vacant spaces in business corridors, support small businesses with start up or expansion funds, create jobs, and increase local economic activity—all to make Maryland more competitive.

“When storefronts close down, our entire state feels it. Now is the time to work in partnership with the private sector to revitalize our business districts, and that’s what this grant funding is about,” said Gov. Moore. Together, we will continue to make Maryland more competitive by moving in concert with entrepreneurs and small businesses – not in conflict with them.”

Project Restore 2.0 will provide $8 million to designated Main Streets, Arts and Entertainment Districts and other economic development organizations in a designated Sustainable Community. Grants of up to $300,000 per applicant will go to organizations that have identified priority vacant storefronts or buildings in local business districts. Those organizations would then sub-grant the funding to businesses for rental assistance, renovation and equipment to activate those vacant spaces. Businesses that receive sub-granted funds will have until December 2025 to open and be operational.

Business Boost is launching its first round of grant funding with $2 million that will be awarded directly to eligible small business owners in amounts between $20,000 and $50,000. The businesses must be new or expanding and located in designated Sustainable Communities. Preference will be given to businesses that are home-based and seeking their first commercial location, are designated as a Minority Business Enterprise, that are innovative, focused on regional strengths to grow local economies, or leverage partnerships between school districts or other education institutions in Maryland.

“By strengthening the successful Project Restore grants to fill storefronts on Maryland main streets and launching Business Boost, we are building on what we know to be the best way to help grow Maryland communities’ economies: from the center out, empowering locally-owned businesses, and bringing life back to vacant storefronts,” said Maryland Department of Housing and Community Development Secretary Jake Day. “These grants are just the beginning of the department’s renewed efforts to double down on the hearts of our cities and towns, maximizing the positive impact of our funding to create lovable places and help businesses choose to set up shop in Maryland.”

Applications will open on March 13 for small business owners to apply through Business Boost and for economic development organizations to apply through Project Restore 2.0. For more information on either grant opportunity, go to https://dhcd.maryland.gov/Business/Pages/Small-Business-Grants.aspx.


Link to press release: https://governor.maryland.gov/news/press/pages/governor-moore-announces-10-million-for-small-business-grants-to-strengthen-local-economies-across-maryland.aspx

Celebrating and Elevating Rockville’s Black Businesses

Multicolored banner with 'Support Black Businesses" and "Black History Month - February"
 

In recognition of Black History Month, REDI launched an ongoing project that highlights Black-owned businesses in our local economy while also connecting them to resources that support business growth including:

Business NameCategoryAddressWebsite
ACB Precision Focus PhotographyPhotographer15209 Frederick Rd, Rockville, MD 20850http://www.acbprecisionfocus.com/
Wilniq Auto Body & Mechanical RepairAuto Body Shop15563 Frederick Rd Shop J, Rockville, MD 20855https://wilniq.business.site/
S.L. Johnson Plumbing and HeatingPlumber330 N Stonestreet Ave Suite T, Rockville, MD 20850
Creative Motion Events by FayEvent PlannerRockvillehttps://www.creativemotionevents.org/
Island PrideRestaurant823 Hungerford Dr, Rockville, MD 20850http://www.jamaicanfoodrockville.com/
York Castle Ice CreamIce Cream Shop827 Hungerford Dr, Rockville, MD 20850https://www.facebook.com/York-Castle-Ice-Cream-1222731884411060/#_=_
Excalibur Moving and StorageMoving and Storage12221 Parklawn Dr, Rockville, MD 20852http://www.excalibur-movers.com/
Black Lion Coffee & CaféCafé9705 Traville Gateway Dr, Rockville, MD 20850http://blacklioncafe.com/
Revered Medical, LLCMedical Clinic6246 Montrose Rd, North Bethesda, MD 20852https://reveredmedical.com/
IllumnovateProject Management9709 Key West Ave, Rockville, MD 20850https://illumnovate.net
Maryland Black Chamber of CommerceBusiness Organization15800 Crabbs Branch Way, Suite 300. Rockville, MD 20855https://www.marylandbcc.org/
Fight into FitnessBoxing Gym15213 Display Ct, Rockville, MD 20850https://www.fightintofitness.com/
Impaired Artistry InstituteStudio966 Hungerford Dr, #31B, Rockville, MD 20850https://www.impairedartistryinstitute.org/
DMV Movers, LLCMoving 15955 Frederick Road, Rockville MD 20855https://dmvmoversllc.com/
Rife International, LLCRenewable Energy Consultant2275 Research Blvd., Suite 500, Rockville, MD 20850https://rifeintl.com/
Betah Associates, Inc.Business Consultant199 E. Montogomery Ave., Rockville, MD 20850https://www.betah.com/
At Eaze MassageMassuese5801 Fishers Ln, Suite 108, Rockville, MD 20852https://www.ateazemassage.com/
WFT Engineering, Inc. Engineering Consultant1801 Research Blvd., Rockville, MD 20850https://wfteng.com/
Unlimited DetailingAuto Care2383 Lewis Ave, Rockville, MD 20851https://www.unlimiteddetailinginc.com/
Omega 3 NutritionFood Manufacturing 1313 E Gude, Rockville, MD, 20850https://eatomega3.com/
Walk in Closet Beauty BarPersonal Care211 E Middle Ln, Rockville, MD 20850https://walkinclosetbeauty.com/
Bubblegum SpaEvent Location/Planner1680 E Gude Dr #100, Rockville, MD 20850https://bubblegumspa.com/
Snowden Funeral HomeFuneral Home/Services246 N. Washington Street, Rockville, MD 20850https://www.snowdencares.com/
Ethiopis RestaurantRestaurant825 Hungerford Dr, Rockville, MD 20850https://www.ethiopisrestaurant.com/
Lion Solutions, LLCInformation Technology7361 Calhoun Place,
Rockville, MD 20855
https://lionsolutions.com/
Hammer & Stain RockvilleArts & Decor107-B Gibbs Street, Rockville, MD 20850https://www.hammerandstainrockville.com/
First Choice Primary CareMedical Practice9715 Medical Center Drive, Suite 300, Rockville, MD 20850https://www.firstchoiceprimary.com/

We encourage and appreciate the submission of additional Black-owned businesses in Rockville!

Investments in Rockville companies exceed $455 million in 2023

In 2023, Rockville companies received $455 million out of $2.2 billion in investments throughout Montgomery County

Press Release published by Montgomery County Economic Development Corporation (MCEDC)

Montgomery County, Maryland, companies had a strong year of investment in 2023, with more than $2.2 billion generated through more than 100 deals. Companies in a wide range of industries, from life sciences and technology to manufacturing and real estate, brought in substantial investments, showcasing a positive economic direction going into 2024.

Life sciences companies in Montgomery County continue to be a powerful driver of investment, with more than $500 million dollars generated in 2023. Montgomery County anchors the thriving Biohealth Capital Region, which rose from #4 to #3 in the top 10 of U.S. biopharma clusters.

Recent highlights for Montgomery County’s ongoing life sciences success include:

  • Deka Biosciences closed $60 million to continue developing drugs for patients suffering from cancer and autoimmune diseases;

  • Welcoming Amgen to Montgomery County through a $28 billion acquisition of Horizon Therapeutics, now building its North American technical center in Rockville;

  • The impact of two life science leaders and soon-to-be neighboring companies:  MilliporeSigma and Horizon Therapeutics, together represent more than $500 million invested in new facilities;

  • Selecta Biosciences merging with Cartesian Therapeutics, which included a $60.25 million private financing deal for Cartesian.

“Deka Biosciences has grown exponentially as part of Montgomery County’s Business Innovation Network,” said Deka President & CEO John Mumm. “We wouldn’t be where we are without them. They have completely enabled us to grow faster than I’ve ever grown a company before,” he explained about the incubator facility.

Nine companies in the manufacturing sector received funding in 2023, including MasPanadas, a home-grown success story. With a recent influx of investment, MasPanadas is in the process of building a space that will triple its square footage to 18,000, while adding another 70 employees.

“Our company continues to thrive here with exceptional growth in annual sales and our client base including having our products in national grocery chains,” said Margarita Womack, founder of MasPanadas. “Montgomery County has been a great partner providing connections to programs, tax credit assistance and funding. We are excited about our growth and expansion plans.”

Another highlight in the manufacturing arena is Eat the Change, which received a $14 million venture capital investment. Co-owner Seth Goldman, who is also co-founder of PLNT Burger and Honest Tea, said: “Downtown Bethesda may not be Silicon Valley or Route 128, but with its active startup community and experienced workforce, it has served us well as the perfect location to launch and scale a mission-driven tea brand…twice! Our success with Honest Tea helped us launch Just Ice Tea in 90 days, and then close our Series A $14 million financing in just 60 days. Just Ice Tea, a product of mission-based Eat the Change, is now the nation’s top-selling organic tea brand and we look forward to continued expansion into mainstream channels.”

Technology leaders continue to thrive in Montgomery County, with close to 50 companies receiving funding. Companies include Quantum Xchange, GivHero, and Aledade. Rockville-based N5 Sensors received $2.5 million in funding for its proprietary cloud-connected ecosystem of smart sensors to keep people safe from environmental hazards. N5 Sensors’ CEO Abhishek Motayed says the company has grown from seven people to over 25 in their three years in Montgomery County. “We plan to open a second facility, a high-tech semiconductor manufacturing center, to support advanced R&D and product delivery for different critical markets from defense to environmental detection.”   

Montgomery County is a welcoming home to businesses with a diverse economy, top talent pools, access to funding and anchored by major federal agencies including the National Institutes of Health (NIH), the Food and Drug Administration (FDA) and the National Institute of Standards and Technology (NIST).

“By many measures, 2023 was a very good year for the Montgomery County economy and I applaud the successful efforts of the Montgomery County Economic Development Corporation,” said County Executive Marc Elrich. “We are expanding our economy by building on our strengths as well as opening our doors to new opportunities. We are better equipped to address challenging issues, and we are making progress. This was reinforced during our economic development trips to Taiwan, India, and Vietnam last year. People, around this nation and throughout this world, know Montgomery County, Md., as a welcoming and diverse place with a wealth of talent and plenty of possibilities. I am looking forward to more economic success in 2024.”

“The robust investment in Montgomery County companies is a testament to our pioneering spirit, diversity, and exceptional climate for business growth,” said Bill Tompkins, president and CEO of Montgomery County Economic Development Corporation. “While the country as a whole has experienced a downturn in funding, investments in Montgomery County businesses, especially in life sciences, continues to be strong.”

Here are the Rockville companies that raised funding through IPO, private funding and venture capital in 2023:

Accelerator/Incubator
Grant
Initial Public Offering (IPO)
Mergers & Acquisitions (M&A)
Private Equity
Seed
Venture Capital (VC)

 


 

View the entire list of Montgomery County companies here: Montgomery County, MD Investments in 2023

View the full press release here: https://thinkmoco.com/blog/2023-moco-investment

AstraZeneca expands US manufacturing footprint with $300 million Rockville manufacturing facility

Photo of an office building at 9950 Medical Center Drive, Rockville MD
The AstraZeneca facilty will occupy 9950 Medical Center Drive - Photo credit: Google Maps

The state-of-the-art facility will bring 150 new highly-skilled jobs

Wilmington, De., Feb. 6, 2024 – AstraZeneca is investing $300 million in a state-of-the-art facility in Rockville, Maryland to launch its life-saving cell therapy platforms in the US for critical cancer trials and future commercial supply. More than 150 new highly skilled jobs will be created to initially focus on manufacturing T-cell therapies to enable clinical trials to be conducted around the world. Over time, the site may expand its focus to support other disease areas.

The site represents the latest investment in cell therapy for AstraZeneca following collaborations with Quell therapeutics, AbelZeta, Cellectis, and the acquisition of Neogene Therapeutics.

Pam Cheng, Executive Vice President of Global Operations & IT and Chief Sustainability Officer, AstraZeneca, said: “We are incredibly excited that more than 150 new highly skilled jobs are being created to bring our scientific work and therapies to clinical trials which could transform the lives of patients around the world. This new $300 million investment will accelerate our ambition to make next-generation cell therapy a reality, ensuring that we are ready to scale and meet the demands of patients.”

The facility in Rockville, MD is located less than five miles away from one of the company’s five global R&D centers and sits within the booming life sciences corridor in Maryland. With close proximity to several universities, the life sciences ecosystem provides an attractive environment for recruiting new and experienced talent.

Maryland Governor Wes Moore said: “AstraZeneca and the State of Maryland share a deep commitment to innovation. It makes us the perfect pairing for this next-generation cell therapy facility. This significant investment in our life sciences sector will help maintain Maryland’s leadership in the industry and sharpen our competitive edge. We are deeply grateful for AstraZeneca’s partnership and continued commitment to our state.”

The Rockville facility will join AstraZeneca’s global manufacturing and supply network of nearly 30 manufacturing and supply sites in 16 countries, which are either currently operational or under development across the company. In the US, AstraZeneca’s manufacturing sites focus on the production of small molecules and biologics, harnessing leading pharmaceutical technology and development. Together, the US manufacturing sites employ more than 2,600 full-time employees and deliver more than 9 billion doses of medicines annually.

View the full press release here: https://www.astrazeneca-us.com/media/press-releases/2024/astrazeneca-expands-us-manufacturing-footprint-to-accelerate-ambitions-in-next-generation-cell-therapy-discovery-and-development.html

About AstraZeneca

AstraZeneca is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialization of prescription medicines in Oncology, Rare Diseases and BioPharmaceuticals, including Cardiovascular, Renal & Metabolism, and Respiratory & Immunology. Based in Cambridge, UK, AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. Learn more at https://www.astrazeneca-us.com/

Rockville biohealth companies shortlisted for BioBuzz 4th Annual BioHealth Capital Region Awards

The finalists are...2023 Annual Awards BioHealth Capital Region, Voting is now open

The awards celebrate the people, programs, and organizations who go above and beyond to support the success of the community, industry and patients

BioBuzz, a regional biohealth media, event and industry hub, has announced the finalists of its 4th annual awards in the BioHealth Capital Region. BioBuzz’s annual awards celebrate the people, programs and organizations who go above and beyond to support the success of their communities, industry, and the patients that ultimately benefit.

Six categories are recognized annually:

  1. The ‘Jonh Holaday’ BioHealth Leadership Award – Presented to a servant leader who carries on the legacy of late renowned scientist, CEO, philantropist, mentor and community leader, John Holaday, Ph.D. whose personal credo was ‘do well by doing good.’
  2. The Community Builder Award – Presented to a thoughtful community builder that fosters intentional collaborations and meaningful contributions of time, energy and expertise to support the biohealth ecosystems in the BioHealth Capital Region.
  3. The Workforce Champion of the Year Award – Recognizes a program or organization that has made a measurable contribution to enhancing the biotech workforce within the BioHealth Capital Region.
  4. The Startup of the Year Award (New) – Recognizes outstanding achievements and innovations of startups within the field of life sciences
  5. The Breakthrough Life Science Company of the Year – Awarded to a company that has pursued its mission with dedication and perseverance, and built momentum towards commercialization with a substantial breakthrough in the past year.
  6. The Employer of the Year – Recognizes a life science company that has built an exceptional workforce, and developed an employee-centric culture that keeps employees engaged and empowers company ambassadorship.

Finalists among the six award categories include the following Rockville-based life science leaders, companies and organizations:

  1. Jeff Galvin, CEO of American Gene Technologies and AddImmune (John Holaday BioHealth Leadership Award finalist)

  2. Rich Bendis, Founder & President, BioHealth Innovation, Inc. (Community Builder Award finalist)

  3. Bio-Trac at Montgomery College, led by Mark Nardone (Workforce Champion of the Year finalist)

  4. BioHub Maryland lead by BioHealth Innovation, Inc. (Workforce Champion of the Year finalist)
  5. MilliporeSigma (Employer of the Year finalist)

Voting for the BioBuzz 2023 awards ends on Thursday, February 29th.

WorkSource Montgomery introduces the Montgomery County Career Advisory Program

MoCo CAP - Montgomery County Career Advisory Program

MoCo CAP helps address the College and Career Readiness pillar in the Blueprint for Maryland's future

MoCo CAP, short for Montgomery County Career Advisory Program, is a collaborative effort headed by WorkSource Montgomery, along with partners Montgomery County Public Schools (MCPS), Montgomery College, and the Universities at Shady Grove. The goal is to address the College and Career Readiness pillar laid out by the Blueprint for Maryland’s Future legislation. 

This multi-phase program will ultimately work with the nearly 90,000 MCPS students in grades 6 through 12 to equip them to meet the required standards. They will explore their skills, interests, and values in order to pursue a more intentional life after graduation.

To achieve these goals, MoCo CAP Career Coaches are placed in every MCPS middle, high, and special school throughout the county. Working closely with MCPS educators’ ongoing efforts in the classroom, these Career Coaches aid students with personalized career advising as they learn to advocate for themselves and explore diverse areas of interest. Coaches also help students navigate post-graduate options, including attending a 2- to 4-year traditional college or vocational school, beginning an apprenticeship, pursuing military service, or other career pathways.

What does MoCo CAP Mean for employers?

One of MoCo CAP’s goals is to close the skills gap between employers and employees in Montgomery County. Career Coaches will help students connect their education and the world of work, as well as present more opportunities for students to get training and real-world experience.

Employers can collaborate in a variety of ways to aid students:

  • Participate in virtual info sessions
  • Act as guest speakers
  • Support career fairs & networking events
  • Offer workshops & training sessions
  • Sponsor various opportunities
  • Host mentorship, internship, or apprenticeship programs

Working with MoCo CAP offers not only more opportunities for students, but also for employers, including:

  • Exposing a pool of potential future employees to new career options and nuting talent aligned with your specific business needs
  • Displaying and expanding corporate social responsibility by contributing to education and skill development
  • Exposing your business and brand to the MoCo community at-large, including students, families, educators, etc.
  • Building relationships with educational institutions, potential partners, and other businesses supporting the program
  • Collaborating with students to foster a culture of innovation with fresh perspective

For more information, contact mococapindustry@worksourcemontgomery.com or visit the MoCo CAP website.