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University of Maryland BioPark
Located just across Martin Luther King Jr. Boulevard, the University of Maryland (UM) BioPark extends the University’s economic development activities to West Baltimore. Tenants provide strategic workforce training, degree programs, and financial and business development services to neighborhood residents.
“The BioPark has been creating tangible benefits for the University and the community for 15 years. The project is where UMB’s discoveries come to market and where private companies are working to find treatments and cures to improve the human condition.”
- JAY A. PERMAN, MD,
President of the University of Maryland, Baltimore
GROWING BALTIMORE'S ECONOMY
UMB has long been one of the state’s most powerful economic drivers, stimulating $3 billion in economic activity in 2018, up from $2.8 billion in 2016. A significant factor in that growth is the UMB BioPark, Baltimore’s biggest biotechnology cluster, and a thriving entrepreneurial community. The 14-acre park is home to more than 40 health science companies that employ over 1,000 people working in areas such as oncology, autism, cardiovascular disease, and new vaccine and drug development.
CONTINUING REVITALIZATION OF A COMMUNITY
UM BioPark tenants have contributed nearly $500,000 in funds to support needed technology improvements and special projects at schools in Southwest Baltimore. From school uniforms, a computer lab, after-school programs, and fun science field trips, to an annual Halloween celebration with BioPark tenants and local students and dinners for teachers, the BioPark believes in the benefits of nurturing the community’s youngest residents.
In addition, the BioPark provides local adults with avenues to education and employment through workforce training programs such as health science career courses at the Baltimore City Community College Life Sciences Institute, information technology job skills training at NPower, and hands-on lab tech training at the BioTechnical Institute of Maryland.
Through the Graduate Research Innovation District (Grid), the BioPark brings business development services to West Baltimore, giving community residents access to free resources and the support they need to succeed in their entrepreneurial endeavors. The University of Maryland Francis King Carey School of Law’s Intellectual Property and Entrepreneurship Clinic operates out of the Grid, providing a wide range of business law services, and the Maryland Small Business Development Center provides business advice and training.
As the demand for more dynamic innovation space continues to grow, so will the BioPark. At full build-out, the complex will house 2 million square feet of lab, office, clinical, and classroom space and bring needed retail properties and landscaped parks to West Baltimore.
For information, please download our University of Maryland BioPark brochure.