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Council backs third-party operator, seed funding for county incubators; AI center lease discussed
Summary
The Montgomery County Council approved the economic development committee’s recommendation to fund a third‑party manager and related services for the county’s incubator network, and discussed a near‑final lease for a separate AI Innovation Center.
The Montgomery County Council voted unanimously to accept the economic development committee’s recommendations on the incubator programs non‑departmental account (NDA), including a proposal to hire a third‑party manager to run the county’s innovation centers.
Committee materials recommended budgeting $2,000,000 for a third‑party manager and associated services. Staff presented the request as a bundled package: $1,200,000 to contract with an experienced operator to run and market the innovation centers and $800,000 for coaching, mentoring and accelerator cohorts. County staff told council members that executive office staff viewed the operator and mentoring as a combined package and that tranching or phasing questions could be addressed with county executive staff.
Council members and county staff described the incubator…
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