The Montgomery County Council has proposed grants of up to $250,000 for biohealth facilities that build or expand in certain economic zones across the county.
To be eligible, companies would have to build a facility at least 150,000 square feet or expand a facility by at least 50,000 square feet in an “opportunity zone” in the county. A maximum of $250,000 would be awarded for each project.
Image: Thomas Kaufman (at podium), the senior director of corporate real estate for United Therapeutics, speaks at a news briefing last month. A resolution inroduced Tuesday would create $250,000 grants for biohealth facilities like United Therapeutics to expand or build in certain areas of the county. FILE PHOTO