In light of the Canadian government’s review of the R+D tax credit regime in Canada and the hand wringing around the fallout should the recommendations from the Jenkins report be implented, it was refreshing to hear about the State of Maryland’s approach.
The Maryland government decided to create a unique approach to tax credits for early stage bio and tech companies resulting in “InvestMaryland”. The program has been highlighted in the “BIOtechNOW” event daily : BIOtech_Issue1_17 (2) from the BIO 2o12 convention.
The state program has been well received and local governments like Montgomery county have stepped up to provide additional support .
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Originally posted here: Early stage bio and tech tax credits – Maryland style