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Business Innovation Network

If you are an emerging technology, life sciences or high-growth professional services company the Montgomery County Business Innovation Network (BIN) is the perfect place for you.

The BIN incubators are strategically located throughout Montgomery County, with its talented workforce and access to federal, educational and commercial markets in a sophisticated, diverse community.

The network specializes in helping young companies get started and grow to realize their potential.

Approximately 100 teams of entrepreneurs operate out of the incubators at any given time and more than 200 companies have graduated. The three incubators in the network offer the critical combination of flexible, modern office and lab space and business support services. Support services include training classes, legal support, and access to federal grant programs, state funding and the investor community. The network is an ecosystem of connections, education, flexible, "just in time" space, shared amenities and the synergistic community of like-minded entrepreneurs. 

bin logoNurturing emerging companies helps build a strong local tax base, creates high quality jobs and makes our community vibrant and prosperous. 

Contact us to see if joining the Montgomery County Business Innovation Network is the right strategy for your growing business!


Facilities

Montgomery County operates three business incubators offering approximately 75,000 square feet of office space, laboratories and clean rooms and along with conference and meeting rooms and shared amenities.

Business Services

We provide a full menu of resource and support services, including business, legal, intellectual property, accounting and broad technical assistance to help entrepreneurs develop a successful business venture.  The network offers commercial space including traditional offices, wet labs and clean rooms to a broad range of companies.

Flexible and Favorable Terms

  • No long-term leases. Companies sign a one-year agreement with a provision for cancellation with 60-days’ notice.
  • Security deposit of one month’s rent.
  • Personal guarantees not required.
  • No equity is taken.
  • Ease of entry into and out of the program.
  • Opportunity to take more or less space as needed.

Supportive Environment

  • Access to educational seminars and training throughout the Innovation Network.
  • Use of conference rooms throughout the Innovation Network.
  • Support from incubator staff:  mentoring, introduction to resources, business networking, business plan review, referrals to professional services and access to sources of capital.
  • Access to Maryland Intellectual Property Legal Resource Center.
  • One-year membership in Maryland Tech Council.
  • One-year membership in the World Trade Center Institute.
  • Discounts from local businesses and membership organizations.
  • Networking and collaboration.
  • Access to experts in residence.

Germantown
Innovation Center

offers wet labs and clean rooms. It sits on the perimeter of Montgomery College, near its Bioscience Education Center, and offers connections to the County’s companies and resources in the bioscience community.

Rockville
Innovation Center

is an office suite in the heart of the Rockville Town Square and the County's health IT, big data and cybersecurity communities.

Silver Spring
Innovation Center

is located in South Silver Spring, right on Georgia Avenue. It offers office space and resources for the area's Information Technology community.


Portfolio Companies

Montgomery County is proud of the companies that have been part of the business innovation network - both past and present. Collectively, the Portfolio has added more than 1,700 jobs and millions of dollars per year in tax revenue. Our graduates occupy in excess of 600,000 square feet of commercial space!

Our Portfolio Companies are developing new therapies, diagnostics and tests for cancer and ebola and other critical medical needs; technologies for DOD and cyber-security; and health IT tools to help us manage our health. Their successes as members of the Business Innovation Network have allowed many of our Portfolio Companies to be acquired by Fortune 500 companies.

For a complete list of our portfolio companies, check out our  Current Members or Graduates.


Contact Us

To learn about our program and facilities and to select the center that is right for your company please send us an e-mail with a brief description of your company, your website and your contact information.

Ethan Byler
Germantown and Rockville Innovation Centers 
ebyler@biohealthinnovation.org

Ruth Semple
Silver Spring Innovation Center
ruth.semple@montgomerycountymd.gov

 

 

 

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