Maryland Tech Council secures $2.5M for all times science workforce improvement

The Maryland Tech Council, the most important expertise and life science commerce affiliation within the state, introduced Tuesday it has secured $2.5 million in state funding to develop the state’s life science workforce by means of its BioHub Maryland program.

The funding is included in Gov. Larry Hogan’s new Maryland Cancer Moonshot Initiative to broaden and speed up most cancers detection, screening, prevention, therapy, and analysis within the state.

BioHub Maryland is a primary of its type initiative to satisfy the workforce improvement wants of Maryland’s quickly rising life science trade. The monies will likely be used to determine present workforce gaps in Maryland and to generate stronger native demand for all times science careers, particularly amongst those that don’t have superior levels.

This is the second main funding award for BioHub Maryland this yr. MTC introduced in March that it secured $2.45 million in federal funds with assist from U.S. Sen. Chris Van Hollen, D-Md.

Launched in 2021, the BioHub Maryland web site options important ideas college students want to find a rewarding life science profession in Maryland, together with greater than 600 native life science job openings, a profession roadmap for college kids with highschool, GED, affiliate’s, bachelor’s or superior levels, a information to on-line and in-person workforce coaching applications and extra.

A latest Milken Institute report concluded that Maryland boasts, “one of the nation’s strongest life sciences industries,” contributing greater than 54,000 excessive paying jobs within the state with over 2,700 life science corporations and greater than 500 biotech corporations. It additionally discovered that Maryland faces rising competitors from different states and that bolstering our workforce pipeline is essential to sustaining Maryland’s fame as a nationwide life science trade chief.

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