The Rockville Innovation Center,
located at 155 Gibbs Street in
Rockville Town Center
(DIRECTIONS) formally opened on June 12, 2007.
The RIC provides space and support programs for domestic technology
startups, as well as for international technology companies interested
in opening their first U.S. office.
The Rockville Innovation Center (RIC) occupies 25,000 square feet on the
fourth and fifth floors of the Rockville Arts & Innovation Center, located next to
new Rockville Library in the new
Rockville Town Center. The RIC provides space and support
for approximately 30 start-up technology companies to grow. Programming
is provided by
Montgomery County’s Innovation Center Network, which boasts a proven
track record of success, having graduated more than 30 companies which
have generated over 1,000 local jobs.
The state of the art facility provides lease flexibility to its tenants, as well as shared amenities such as reception, conference and work
rooms. In addition, tenants take advantage of programs that teach
business skills and offer support with licensing, intellectual property,
financing and other issues. They are also connected with RIC
Sponsors (see below), established companies that take an active role
in mentoring incubator companies for success. Companies generally spend two to four years
in Montgomery County incubators, before “graduating” and moving to local
commercial office space.
The RIC’s prime, Metro-accessible
location in Town Center, its proximity to federal agencies such as NIH, FDA and
NIST, as well as many local amenities, make it attractive to prospective
tenants. Companies must submit an application and business plan to be considered for admission. Capitalizing on
Rockville’s strengths in the life sciences, and its international
character, the RIC particularly seeks companies with a healthcare /
medical / bioinformatics
focus, and international technology companies that are seeking to set up
their first offices in the United States.
For additional information, or to receive a Rockville Innovation Center
application, please contact
Lynne Benzion of REDI, or
John Korpela of the Montgomery County Department of Economic