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The Allegany County Department of Economic Development and Frostburg State University have joined forces to offer exciting development opportunities to technology businesses looking to locate and/or expand to Western Maryland. The Allegany Business Center at Frostburg State University (ABC@FSU) is a 56-acre parcel of land located on the FSU campus designated for development of a technology park. Businesses can design and construct their individual buildings to meet their specific needs. Infrastructure has been established at the site, which is situated in the beautiful Appalachian Highlands. This project represents some firsts for Western Maryland. It is the first business development endeavor to be located on University land; the first business park targeted at new technology companies that would find a university location advantageous. Funding for the $1.3 million project came from several state and federal agencies, including the Appalachian Regional Commission, the U.S. Economic Development Administration, the State of Maryland and Allegany County. A federally designated HUB zone (https://eweb1.sba.gov/hubzone/internet/) for new businesses, ABC@FSU will generate as many as 290 high-tech jobs when the Center is fully developed and establish Allegany County as a “Tech Corridor” in Western Maryland. Targeted IndustriesAllegany County is seeking opportunities in the following business sections: Information Technology/Computer Science Biotechnology, Biomedical and Bioinformation Environmental Science Educational Materials Government and Educational Offices All of them are among the explosion of growth in the Washington DC metro area and Western Maryland is a viable alternative for these companies as they look to locate in Maryland. CollaborationsBeing located on the Frostburg campus, residents of ABC@FSU will have ready access to:
Contact InformationInterested in discussing a project for ABC@FSU? Please contact Allegany County Department of Economic Development Keli Mason 800.555.4080 301.777.5957 Anyone wishing to get a sense of the community’s development programs can take a virtual visit of Allegany County at: Allegany County Economic Development ) Thousands of people visit Allegany County every year, the smart ones find a way to stay. Discover why. Allegany Business Center at Frostburg State University Location: Frostburg State University Sites: 3 Lots, All Utilities
Biotech, Information Technology, Environmental Science, Special Advantages: University Resources - Access to Labs - Staff and Students - Part of the University of Maryland System |
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© 2006 Allegany County Economic Development
701 Kelly Road - Cumberland, Maryland 21502 1.800.555.4080 - 301.777.2194 - Fax: 301.777.2194 all4jobs@alleganyworks.org Visit us online at http://www.alleganyworks.org |