The Maryland Tech Council (MTC) stands at the crossroads of technology and life sciences, fostering a dynamic ecosystem where innovation thrives and transforms lives.
“At the Maryland Tech Council, we believe in saving lives, securing our nation, and improving the quality of life through innovation,” says Kelly Schulz, CEO of the Maryland Tech Council. This commitment to driving innovation is not just a mission statement but a daily pursuit that propels Maryland toward becoming the number one innovation economy for life sciences and technology in the country.
A Legacy of Advocacy and Growth
Founded in the late 1980s, the Maryland Tech Council has grown from a small group of tech professionals into the state’s largest technology and life sciences trade association, boasting over 800 members. “Our role is to set the table for our member companies to innovate,” explains Kelly. MTC has consistently provided a platform for connection, education, and advocacy, helping member organizations navigate the complexities of their industries and fostering an environment where innovation thrives.
One of the critical components of MTC’s success is its robust advocacy efforts. By engaging with policymakers at both the state and national levels, MTC ensures that the voices of its members are heard and their interests represented. This commitment to advocacy is complemented by various networking opportunities, with MTC hosting over 75 events annually. These events range from large-scale conferences to intimate networking sessions, providing members invaluable opportunities to connect, learn, and grow.
Empowering Innovation Through Education and Mentorship
Education and mentorship are at the core of MTC’s offerings. “There is no substitute for offering high-quality networking opportunities,” the organization’s CEO emphasizes. MTC’s educational programming, taught by industry leaders, covers key topics and provides members with the knowledge they need to stay ahead in a rapidly evolving landscape. Additionally, based on MIT’s internationally recognized framework, MTC’s Venture Mentoring Services (VMS) program offers experienced executive mentors to startups in the life science and technology industries. This program has been instrumental in helping startups overcome challenges, with VMS-mentored ventures raising $154.8 million in capital and grants to date.
Groundbreaking Initiatives for a Thriving Ecosystem
MTC continually evolves to meet the needs of its members and the broader innovation ecosystem. A recent addition to MTC’s offerings is the BioHub Maryland, a first-of-its-kind workforce development program designed to upskill Marylanders for high-paying careers in the biopharma manufacturing industry. “Developing a strong pipeline of skilled talent is critical to retaining and growing our life sciences ecosystem in Maryland,” says Kelly. BioHub Maryland focuses on equipping individuals, particularly those without college degrees, with the skills they need to succeed in biopharma manufacturing, thereby contributing to the growth and sustainability of the industry.
Empowered Purchasing
MTCEdge is a cost-savings program that gives members competitive discounts on lab and office supplies, perks, and employee rewards. “MTCEdge offers our members more savings on more categories than ever before,” Kelly notes. This program helps member companies reduce operational costs and enhances employee satisfaction by offering discounts on lodging, health and wellness, learning, and car rentals.
Fostering a Culture of Diversity, Equity, and Inclusion
MTC is deeply committed to promoting diversity, equity, and inclusion (DEI) within the tech and life sciences industries. “The focus on DEI supports the growth and success of the industry and strengthens the overall economy of Maryland,” Kelly explains. By fostering an inclusive environment, MTC ensures that all voices are heard and that the innovation ecosystem benefits from diverse perspectives and ideas.
Looking Ahead: A Bright Future for Maryland’s Innovation Economy
As MTC looks to the future, the organization remains steadfast in its commitment to driving innovation and supporting its members. “I can’t overstate the importance of being engaged,” Kelly says. The impact of MTC’s efforts is evident in the thriving tech and life sciences communities across Maryland, which are continually pushing the boundaries of what is possible.
MTC’s vision for the future is ambitious yet grounded in the belief that by working together, the tech and life sciences industries can achieve remarkable things. Through its unwavering support for workforce, innovation, advocacy, education, and DEI, the Maryland Tech Council is not just shaping the future of Maryland’s innovation economy but setting a standard for others to follow.
Final Thoughts from the CEO
Kelly offers a powerful reminder of MTC’s core mission: “Our member companies save lives and make the world safer because of innovation.” This ethos drives every initiative, every program, and every effort undertaken by the Maryland Tech Council. As the organization continues to grow and evolve, it remains a vital force in the journey toward a brighter, more innovative future for Maryland and beyond.
