An Aerial View of the BioPark at the University of Maryland
A new incubator at the University of Maryland BioPark appears one step closer to reality.
The deal, which would provide public financing to help construct a new BioPark building, got initial approval from the City Council on Wednesday.
Records state the $17.5 million tax increment financing (TIF) deal for the building was previously recommended by the Council’s Taxation, Finance and Economic Development committee.
READ FULL ARTICLE HERE