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February 17, 2009
Jones Lang LaSalle


Earlier today, we were on the scene at the Maryland State House as the Tech Council of Maryland gathered in support of Gov. O'Malley's $6M budget request for the Biotech Tax Credit in FY '10.


Deputy Majority Whip Susan Lee with Human Genome Sciences' Jerry Parrott and Tom Watkins. The credit gives investors a 50% refund on investments in qualified biotech companies, and Tom says the Council will ask the Gov to double it to $12M if the allotted stimulus funds allow. Susan has also introduced three bills to benefit nanotech, including one similar to the tax credit.

Apatoff Peters

Business and Economic Development Secretary Christian Johansson says the tax credit has helped over 40 companies since going into effect in '05.  "Despite the economic conditions, the Governor has put in for the same amount as last year, a testament to how much he values biotech companies."


Rockville Econ Dev Executive Director Sally Sternbach, Sequlla CEO Carol Nacy and MdBio Director of Biz Dev Sheree Wysocki. We caught this power trio just before a lunch that featured roughly 100 well-wishers.


20/20 Gene Systems CEO Jonathan Cohen and Clarassance President Aprile Pilon. Jonathan, part of the team that spent the morning and afternoon meeting with legislators, tells us this money is "more important than ever" because it will fund the trials and tests for new products.

Spotted: Bennett Zier

Who's this cool dude on the streets of Manhattan? Many in the tech community should recognize former Clear Channel regional head, then Dan Snyder radio chief, Bennett Zier. Since July, Bennett has been commuting from DC to NYC as new CEO of Air America radio. He spends weekends in Potomac with his family, but now Amtraks up each week to an apartment on the upper West Side. (He runs in Central Park to stay in shape for those Leukemia fundraising marathons.) It's a homecoming for the L.I. native who worked in NY for CBS radio under legendary Bill Paley and now hangs with the likes of Arianna Huffington and Rachel Maddow.

In the awesomeness of last week's Deloitte gala honoring Tom Davis, we mixed up some facts: former Unisys Federal head Greg Baroni is serving as vice chair at Digital Management, a government IT services provider founded by Sunny Bajaj, not Sunny's father Ken Bajaj. The company also hasn't been sold for $600 million (that was Ken's company DigitalNet), but with Greg's expertise we're sure that big payday is coming soon!
Nixon Peabody
Cardinal Bank
Washington Property Company

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