Business News From The City of Frederick, Maryland
May 2019
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Hello

As summer heat starts to swell, Frederick starts thinking about baseball, brewing, and biotech. The Frederick Keys are currently running 2nd in the Carolina League at 25-24 (.510) and are a great bet for summer fun!  Frederick continues to brew up new things across the city with a great batting order - Warehouse Cinema on the Golden Mile being issued building permits, Smoketown Brewery expanding its footprint from Brunswick to Downtown Frederick, and the Alive at Five shows kicking off along Carroll Creek Park.  Each year at this time, those of us in economic development focus on growing our maturing life science community here in Frederick by pitching Maryland and Frederick as a top biotech location at the globally attended BIO 2019 Exhibition in Philadelphia. Frederick has emerged as a biotech powerhouse batter and our trade show booth attracts hundreds of scientists and biotech business representatives over three days to chat about what Frederick has to offer including over 80 biotech companies, great life science business locations, and a talented workforce second to none. Also this month the Frederick National Laboratory for Cancer Research ( FNLCR) and its contracting partner Leidos Biomedical Research Inc are knocking in runs at their annual Technology Showcase on June 12th at the FNLCR in Riverside Research Park. The healthcare and professional, scientific, and technical services industries have a batting order of more than 14,000 jobs here in our fair city - Frederick.

So enjoy your summer days at the ballpark !
Best,
‌
Richard G. Griffin, AICP, CEcD
Director, Economic Development
Unless you have an advanced degree in a science related field, it can be intimidating trying to keep up with the advanced research & applications Frederick’s impressive biotech companies are working on.

To make their work a little more accessible to the rest of us, we asked local executives for the layman’s breakdown of their company.
Sponsored by the Maryland Department of Commerce & a network of Economic Development partners, DefTech is a new initiative designed to enable access to cutting-edge technologies being developed in local installations.

Read on for a drill down of the services the program will provide to those looking to take defense technologies to market.
In honor of FITCI’s 15th anniversary, we caught up with Kathie Brady – a former-serial entrepreneur now in the third year in her position as President/CEO at the local incubator.

We asked her to look at where FITCI has come, and where it is going. This is what she shared...
As the local life science industries continue to grow at a tremendous rate, it can be hard keeping track of all of the advancements, developments, events, and opportunities. Cue this month’s Partner Spotlight: BioBuzz -- a local organization dedicated to gathering, curating, and connecting all things bio-related within the BioHealth Capital Region.
Whether you are a prospective investor, an established company, a scientific collaborator, a technology transfer manager, or an interested stakeholder looking to commercialize technologies —- you have good reason to register for the 2019 NCI & FNL Technology Showcase.

Actually our hosts shared 7 good reasons for you to be there.
This time of year always seems to have a particularly high concentration of local events focused on bringing together world-leading experts of the life sciences.

Check out our list of some of the pivotal BIO opportunities we’ll be making sure we RSVP yes to!
Speed Lending Marketplace
Calling all tri-state area lenders and business owners:
Join us for this free informational seminar & networking event, which will provide updates for MD, PA, and WV commercial lenders and an opportunity for businesses (or prospective businesses) to meet with lenders on the spot!

Learn more and register here.
Awards & Atta-Boys
BioFactura gained new investors - University of Vermont Network Ventures and Wilson Sonsini Goodrich & Rosati c ommitments secure value-added institutional investors who bring significant financial and business resources. Read on to learn about the partnership.

Downtown Frederick Partnership received its' 2019 Main Street Program Accreditation for meeting rigorous performance standards set by the National Main Street Center. Downtown Frederick Partnership is recognized for their exemplary commitment to preservation-based economic development and community revitalization. Read the full story.

Hood College will host a Cancer Biology Conference together with Frederick National Laboratory for Cancer Research June 21-23. Some of the world's top experts in imaging and cancer biology will present the latest research in this growing field.


Does your business have news to share? Send us a press release and we'll help share that great news locally and regionally. Find out how!
Open for Business
If you have a business that has opened, relocated or expanded in the last 3 months, please tell us!


Overhead Door Company of Frederick - 1500 Bowmans Farm Road
Hopewell Hair Design & Jewelz Rairootz & Follicles - 307 East Patrick
Auto Clinic International - 299 Bucheimer Road, Suite 1
Maxwell's Kitchen - 57 E. Patrick Street
Restoration Family Chiropractic - 1080 W. Patrick Street, Suite 15
Wastler's Barber Shop - 48 N. Market Street (newly renovated)



Available Commercial Space
Medical Office Space available - 915 Toll House Ave - Frederick Medical Center

815 - 8,628 SF Medical office space on 3 floor, 9 suites available. Modern 3 story medical, lab and office center; 2 ADA compliant entrances - 1 is covered. Bright, welcoming foyer with natural light, 2/10th of a mile from Frederick Memorial Hospital, 4:1 parking ratio - parking is free. Serviced by local bus lines; easy access to I270/I70/US 15; minutes to Downtown Frederick, Close to shopping; 3 miles to Fort Detrick.

For more information, contact Nemo Business Trust - Missy Custead at 301-694-3401.

Learn more and see more available properties on our website.
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com