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February 19th, 2009
Maryland gets $3M for nanobiotech projects
Abstract:
Maryland agencies have received a one-time $3 million pot from lawmakers to fund nanobiotechnology projects in the state.
The Maryland Department of Business and Economic Development, Maryland Technology Development Corp. and Maryland Biotechnology Center have released a request for applications for nanobiotechnology proposals as part of a new grant competition that could be decided as early as May.
Under the program, a one-time appropriation from the Maryland General Assembly, each winning company, university or nonprofit group would receive a maximum of $250,000 for a nanobiotech research project that would last no more than two years. Contestants must be based in Maryland, and turn in their letter of intent by March 13 and full proposal by April 17 to compete.
Source:
bizjournals.com
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