26Feb/100

Baltimore County Jobs Supported by Stem Cell Research

Baltimore County jobsHundreds of Baltimore county jobs (Click here) and positions throughout the state are created by Maryland's stem cell research program.

"Economic Benefits of Maryland's Stem Cell Program already Apparent," a new study conducted by Sage Policy Group, Inc. for the Maryland Technology Development Corporation, found that the Maryland Stem Cell Research Fund supports 514 local jobs - with an average salary of $64,000 - and facilitates $71.3 million in business sales throughout the state.

The study found that the program's grants have created:

  • 250 direct jobs with $21.8 million in labor income and $35.5 million in business sales
  • 104 indirect jobs with $5.5 million in labor income and $14.9 million in business sales
  • 160 induced jobs with $6.8 million in labor income and $20.9 million in business sales

   


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