BioCentury
ARTICLE | Finance

Sweetening the pot

Maryland county, state biotech tax credits give seed investors 60% back

May 21, 2012 7:00 AM UTC

This July, Maryland's Montgomery County will start accepting applications for the second year of its biotech seed investment tax credit program.

The county program is modeled after - and works in conjunction with - Maryland's Biotech Investment Tax Credit Program. The state program allocation is $8 million each for FY12 and for FY13 starting July 1, while the county program's allocation is $500,000 for those fiscal years...