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Wednesday, January 18, 2012
Some $10 million will fund a life-sciences package that could go toward supporting research at colleges or businesses.
Lt. Gov. Bill Bolling, the state’s chief jobs-creation officer, said Virginia has completed 671 business deals since the start of the administration. But life sciences and biotechnology — Maryland’s bread and butter — are areas where the state intends to step up its efforts.
“There, frankly, are a lot of states around the country over the course of the past several years who have been a lot more aggressive in the area of biotechnology and life sciences than we’ve been,” he said. “Places like Massachusetts and Texas and Pennsylvania, even Maryland has been much more — well, I shouldn’t say ‘even’ Maryland.”
“Maryland,” the governor chimed in.
“Maryland has been much more aggressive in some of these biotechnology, life sciences areas,” Mr. Bolling said.
The quality of Virginia’s health care facilities, its universities and pharmaceutical companies make it primed to expand in those field, Mr. Bolling said.
“We believe this is a sector we can compete in more effectively than we have in the past,” he said. “Some of these new and emerging biotechnology and life-sciences companies that we’ve had a hard time tracking, frankly, we’re going to get in the game on those, because it is a growing area of the economy.”
Mr. McDonnell, who has consistently said he wants Virginia to be the “Energy Capital of the East Coast,” also proposed $500,000 to go toward offshore wind-energy development — another of Maryland Gov. Martin O’Malley’s legislative priorities in the coming General Assembly session.
The largely friendly regional rivalry between Maryland and Virginia took a sharper political edge last year, when Mr. McDonnell and Mr. O’Malley took the reins as chairmen of their parties’ respective governors associations.
Virginia famously beat out Maryland, as well as the District, to lure defense contractor Northrop Grumman’s headquarters in 2010, thanks in part to an incentives package worth between $12 million and $14 million. Last year, engineering giant Bechtel announced it was moving its corporate headquarters from Frederick to Fairfax, bringing with it 625 jobs and an $18 million investment.
posted in: EmployerNews, Maryland, News, Virginia
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