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Budget Year / Version:  
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Description

HJF Innovation Labs at Montgomery County is a co-branded innovation facility affiliated with the Montgomery County Business Center Innovation Network (BCIN). This partnership between Montgomery County and the Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc. (HJF) will accelerate the resources, expertise and investment required to advance HJF-developed technologies from concept to point-of-care for military service members and their families.
Funding will support buildout of 4,300 square feet of flexible "mini" wet labs, shared lab and equipment areas, an engineering space, business offices, and workspace, in the Foundation's headquarters office building to leverage HJF's other existing infrastructure and capabilities, which includes a state-of-the-art auditorium, meeting rooms and business expertise that spans intellectual property, information technology, commercialization, proposal development, clinical trial protocol drafting and management.
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Phase

Planning Stage

Status

New
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Budget Snapshot
$0.3M Total
Expenditures/Funding
$0.3M 6 Year Total
Expenditures/Funding
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Location

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Estimated Schedule

Build out is anticipated to begin in Fall 2024. Occupancy is expected in Winter 2025.
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Justification

Demand for smaller-sized lab space, with shared equipment and services and easy access to meaningful innovation support and community resources currently exceeds supply. The new co-branded HJF Innovation Labs at Montgomery County, housed at the Foundation's Headquarters in Bethesda, will provide physical infrastructure supporting a broader framework for the delivery of high-value resources to accelerate the translation of medical innovations developed within the HJF or Montgomery County innovation networks to the marketplace for the dual-use fields. It will serve as a resource for Montgomery County health innovators and others in the region to spur the development of more innovation and jobs within Montgomery County. The ability for Montgomery County to collaborate with HJF as a founding partner of a co-branded HJF Innovation Labs at Montgomery County as HJF is launching its strategic initiative to strengthen the military medical innovation ecosystem, is a unique opportunity to leverage HFJ-supported federal, academic, and industry sponsored research programs to advance biohealth technologies.
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Coordination

Office of the County Executive, Montgomery County Business Center Innovation Network, Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc.
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Budget Snapshot
$0.3M Total
Expenditures/Funding
$0.3M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP152503
Date Last Modified01/10/24
Administering AgencyCounty Executive
CategoryGeneral Government
SubCategoryEconomic Development
Planning AreaNorth Bethesda-Garrett Park
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY23Est FY24Total 6 YearsFY 25FY 26FY 27FY 28FY 29FY 30Beyond 6 Years
Planning, Design and Supervision00000000000
Land00000000000
Site Improvements and Utilities00000000000
Construction00000000000
Other30000300300000000
Total Expenditures30000300300000000
FUNDING (000s)
Funding SourceTotalThru FY23Est FY24Total 6 YearsFY 25FY 26FY 27FY 28FY 29FY 30Beyond 6 Years
Current Revenue: General30000300300000000
Total Funding Sources30000300300000000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 25 Request300
Year First AppropriationFY25
Appropriation FY 26 Request0
Last FY's Cost Estimate0
Cumulative Appropriation0
Expenditure / Encumbrances0
Unencumbered Balance0