For Immediate Release
Media Contact:
Brad Wills
Wills & Associates Public Relations
240-752-7171

Tech Council of Maryland Releases 2015 Legislative Priorities for Life Sciences and Technology

Rockville, Md. – (January 12, 2015)The Tech Council of Maryland (TCM), Maryland’s largest technology trade association, released its 2015 Policy Platform, which outlines the organization’s priorities in the areas of advanced technology, life sciences, taxation, transportation, higher education and workforce development. TCM’s advocacy efforts during the 2015 session of the Maryland General Assembly, which begins January 14, will focus on further improving the business climate to encourage technology and life science companies to grow and flourish in the state.

TCM’s 2015 Policy Platform urges policymakers to act on a number of priority issues to improve Maryland’s climate for innovative job creation and economic development.  Specifically, TCM is seeking to increase the availability of risk capital to support technology and life science job growth with important programs such as the existing Research and Development Tax Credit and Biotechnology Investment Incentive Tax Credit in Maryland.  Other top priorities are to increase opportunities for entrepreneurship and technology commercialization in Maryland, promote a competitive and modern regulatory environment for the technology and life science industries, create certainty for the business community by rejecting new taxes or onerous changes to the existing corporate tax structure, and implement continued long-term policy solutions for Maryland’s most important assets, including the transportation and data infrastructures and the higher education system.

“With a new Governor and new General Assembly, it is imperative that the innovation community educate policymakers about Maryland’s strengths and areas that need improvement,” said Phil Schiff, TCM’s CEO. “Our 2015 Policy Platform prioritizes the key issues we believe are essential to bolster Maryland’s most innovative industries. We look forward to engaging with the new administration and lawmakers in Annapolis on the best strategies for advancing business friendly policies in Maryland to ensure our high-tech industries continue to grow and thrive.”

“Despite our many strengths, more can be done to make Maryland home to a world-class innovation economy,” said Douglas Doerfler, chairman of TCM’s Board of Directors and CEO of MaxCyte. “Our job as leaders of the tech community is to help lawmakers advance policies that encourage sustained business growth, from the tax climate and higher education to workforce development and transportation.”

TCM will outline the new Policy Platform at its Leadership Dinner, which is scheduled for January 29, 2015, at the Loews Annapolis Hotel. To register for the dinner, visit www.techcouncilmd.com/events.

ABOUT THE TECH COUNCIL OF MARYLAND, INC.

The Tech Council of Maryland (TCM) is the largest technology trade group serving the advanced technology and biotechnology communities of Maryland. TCM’s mission is to advocate for the interests of the technology community, further the role of technology in the Maryland economy, and nurture an environment where technology companies can collaborate, grow and succeed. For more information, visit www.techcouncilmd.com.