Are you a Maryland biotechnology company or research organization working to commercialize a technology/product?

The Maryland Biotechnology Center, an office within Maryland's Department of Business and Economic Development focused on growing the state's life science industry, today opened the application process for its 2012-2013 biotechnology development awards. These awards for commercialization and translational research will be granted on a competitive basis in amounts ranging from $50,000 to $200,000. Almost $4.5 million has been distributed to 24 organizations through the Biotechnology Development Awards program since its inception in 2010. Though the program is only three years old, it already has yielded several success stories—including a university spin-out and a local company securing $25M in funding while quadrupling the number of its employees.